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Wednesday, 24 April 19
PANAMAX: IN THE EAST, THE MARKET MOVED SIDE-WAYS, WITH FEWER COAL CARGOES FROM INDONESIA PUTTING PRESSURE ON RATES - INTERMODAL
 Sentiment in the Dry Bulk market slowly but steadily kept improving last week as Capesize rates remained in recovery mode and Panamax earnings also enjoyed a positive week said Intermodal in its latest weekly report. As a result the BDI has now moved back to end of January levels, while despite this notable improvement the fact that earnings for the big bulkers remain at below OPEX levels is still causing a lot of concern.
Intermodal further noted, those who are most bearish are pointing out to the fact that the upward movement of Capes is already running out of steam, which is not usually the case when the market fundamentally improves. Indeed if one looks at past patterns it is evident that following losses attributed to seasonality, Cape rates had covered the ground lost much faster, while a slower recovery with an indecisive direction of the market had been seen during times that losses were attributed to a fundamentally weaker market.
According to Intermodal, the market in the Pacific was once again the bright spot for Capes last week, while lack of a substantial amount of Brazil cargoes was still putting a lot of pressure for average earnings for the size. On the period front activity and numbers were more encouraging compared to the week prior, with even higher premiums over spot levels being paid for longer periods.
The Atlantic Panamax was overall positive, with USG and ECSA providing steady business during the week, while in the East the market moved side-ways, with fewer coal cargoes from Indonesia putting pressure on rates.
Supramax earnings moved up a bit last week mostly on the back of improvements seen out of the USG market, while numbers for both Supras and Handysizes were again weaker in the Pacific, with lack of period enquiry adding to the uninspiring market momentum.
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Monday, 24 June 19
KOMIPO INVITED BITUMINOUS COAL BIDS FOR BORYEONG & SHIN BORYEONG POWER PLANTS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 260,000 MT MT of min. 5700 NAR coal and 240,000 MT of min. 4,600 k ...
Sunday, 23 June 19
SUPRAMAX: A 56,000-DWT WAS FIXED FROM INDONESIA TO VIETNAM AT $10,000 - BALTIC BRIEFING
Capesize
The story over the past week has been largely Atlantic dominated as the basin’s uniquely volatile characteristics came into play ...
Saturday, 22 June 19
OPEC'S BATTLE FOR CONTROL OF THE OIL MARKET - WOOD MACKENZIE
Oil supply is confounding expectations. We have just raised our forecasts for non-OPEC production, the latest in a series of incremental increases. ...
Friday, 21 June 19
INDONESIA'S BAYAN RESOURCES SIGNED A COAL SUPPLY AGREEMENT WITH THE BANGLADESH BCPCL TO SUPPLY 23 MILLION TONS OF COAL FOR 10 YEARS
On Monday, 17th June 2019, PT. Bayan Resources signed a Coal supply Agreement with the Bangladesh- China Power Company (Pvt.) Limited. BCPCL is a j ...
Thursday, 20 June 19
BUMI RESOURCES EXPECTS TO SELL 42 MILLION TONS OF COAL IN FIRST HALF - JAKARTA POST
PT Bumi Resources (BUMI), Indonesia's largest thermal coal miner, expects to close the first half of this year with coal sales of 42 million to ...
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- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
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