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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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Monday, 11 September 17
A PUNCHY WEEK FOR THE BIG SHIPS AS THE RATE FOR WEST AUSTRALIA TO CHINA HIT $8.00 THE FIRST TIME IN NEARLY THREE YEARS - BALTIC EXCHANGE
Capesize
A punchy week for the big ships as the rate for West Australia/China hit $8.00 the first time in nearly three years. A Jiangsu Steamship ...
Monday, 11 September 17
INDONESIAN ICPR SURGES HIGHER, POSTS BIGGEST MONTHLY RISE SINCE DECEMBER 2016, ESDM DATA SHOWS
COALspot.com: Indonesian coal benchmark price surges 9.60% in September, government data showed.
The benchmark price of Indonesian th ...
Monday, 11 September 17
KOMIPO INVITED BIDS FOR TOTAL 6.235 MMT OF 5700 AND 5100 NAR COAL FOR 2017 TO 2022 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 1,590,000 Metric Tons of Bitumino ...
Monday, 11 September 17
THE FREIGHT MARKET ROSE WEEK OVER WEEK; BCI UP 22.22% & BPI UP 14.77%
COALspot.com: The freight market rose in all segments week over week. Mainly Cape and Panamax have supported to pushed up BDI this past week, BDI, ...
Friday, 08 September 17
MIXED SIGNALS ON REFINERY PREPARATIONS FOR 2020 FUEL CHANGES - IBIA
A recent consultancy survey has suggested that some 85% of refiners have not made plans for how to deal with the expected dramatic fall in g ...
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Showing 1946 to 1950 news of total 6871 |
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- White Energy Company Limited
- Wilmar Investment Holdings
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
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