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Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
 Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost a given, the continuous decline in the dry bulk rates has stopped any ambitions owners might have had for SnP transactions.
With the American President announcing new tariffs on iron ore imports and his aspirations to strengthen the US steel industry, concerns are rising in the market. On the other hand, cause for concern is caused by China weakening after a number of years when the oversupply of raw materials as well as global trade as a whole were largely dependant on the growth of Chinese growth rates. Therefore, the only possible solution for the recovery of the shipping market is scrapping. Fortunately, the current scrap value for dry bulk carriers is around $430/ldt for small tonnage vessels up to $470/ldt for big tonnage vessels. Increasing scraping activity is a visible solution that could give a future boost in the dry bulk market. To put things into perspective, the first signs with regards to scraping for the q1 2019 are positive, together with a small decline in dry NB orders, when comparing in both markets with the q1 2018.
The correction on values in the dry bulk market has created some expectations that we might witness the same levels in asset values as in 2016. However, the freight market is not at the same levels like 2016 and with the new regulations coming into force, this specific scenario does not look like it will be easily materialised, as the variables are vastly different. However it is worth analysing where the market currently stands in every segment.
In the Capesize sector it is indicative that vessels of any age do not to have any buying interest, and last week we had the first sale of a capesize in 2019.
In the Panamax/Kamsarmax sector we are seeing a lot of interest especially from Greek buyers, for vessels build from 2004 to 2008, as they possibly anticipate a healthier freight market in the near future or are look to resell when the freight rates increase. A representative example is the Kamsarmax ‘YARRAWONGA’ (82,624dwt-blt ‘08, Japan) were around 10 potential buyers inspected without being sure if the vessel is going to be sold definitely.
In the Supramax sector, we observe specific ship-owners showing interest into Japanese vessels, together with some Greek owners who consider selling their tonnage into more premium levels.
Lastly, over the past few weeks, the majority of sales were on the Handysize sector. It has been some time since we saw sales of Chinese vessels since the Carval deal where, even though it was an en-bloc deal, despite the minimal buying interest shown in the specific vessels, they were sold in line with the last done deal of December ‘BONNIE VENTURE’ (32,500dwt-blt ‘12, China).
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Tuesday, 03 October 17
ALLIED MARKET ANALYSIS
It seems as though the future of the oil trade was once again put into the spotlight, as the Asia Pacific Petroleum Conference took place last week ...
Friday, 29 September 17
U.S WEEKLY COAL OUTPUT DROPS FOR THE FIFTH WEEK IN A ROW, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.7 million short ...
Thursday, 28 September 17
SUPRAMAX: S.CHINA TRIP TO INDIA HAS BEEN FIXED AT AROUND US$ 11000 - FEARNLEYS
Supramax
The hot market seen the last weeks in the Pacific has softened as the Golden week holiday in China approaches and the October shipments ...
Thursday, 28 September 17
THE 'UNREASONABLE' COST OF CASUALTY REPAIRS: ASSOCIATION OF AVERAGE ADJUSTERS CHAIRMAN DETAILS CLAIMS DILEMMAS
KNOWLEDGE TO ELEVATE
The ‘unreasonable’ cost of casualty repairs: Association of Average Adjusters chairman details claims dilemma ...
Thursday, 28 September 17
CHINESE GOVERNMENT TO CANCEL DOMESTIC IRON ORE MINING RIGHTS - JEFFREY LANDSBERG
It has been reported that China will cancel roughly one third of its iron ore mining licenses, says Commodore Research & Consultancy in its lat ...
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Showing 1926 to 1930 news of total 6871 |
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- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- GMR Energy Limited - India
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
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