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Tuesday, 31 March 20
FREIGHT MARKET: DRY BULKERS - SPOT MARKET 23-29 MARCH 2020
Capesize
The rebound in freight rates resumed this past week, with rates man-aging to post further gains by week’s end. The BCI is in negative figures, but reached the -97bp, its highest point since February. Support came from the Far East, where some fresh interest emerged from local players. However, the announcement of the closure of S. African mine closures is expected to affect the market and lead to another drop in the upcoming days.
Panamax
Another week of declines in freight rates, with the BPI losing approximately 10% on a weekly basis and closing at 729bp. The uptick noted in demand for grains from USG was not enough to support the market, as activity in the rest of the Atlantic, as well as Pacific remained subdued. With the economic environment under pressure, we do not expect any significant improvement now.
Supramax
Freight rates remained under pressure last week here as well, with the BSI falling again below the 700bp landmark to close in at 641bp, losing 13% in one week. The further slow-down witnessed in demand in SE Asia played a key role in last week’s slide in freight earnings. Things in the Atlantic were not better last week, pushing rates even further.
Handysize
The market rebound was halted last week, as the market returned back to negative territory. The BHSI fell by around 5% on a w-o-w basis, reaching the 401bp. With activity slowing down in the Atlantic, at the same time that more units were arriving, the decline in rates was inevitable. A lack in fresh enquiries in the Pacific played its part as well in influencing last week’s slide in rates.
Source: Allied Shipping, Greece
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Friday, 13 March 20
TOP 4 ACCOUNTING CONSIDERATIONS AFTER THE IMPLEMENTATION OF IMO 2020 - PWC
To install or not to install?
Following the IMO 2020 global low sulphur cap for marine fuel effective since 1 January 2020, many shi ...
Friday, 13 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Friday, 13 March 20
KOREA SOUTH-EAST POWER INVITED BIDS FOR 390,000 MT OF THERMAL COAL FOR MAY-JUNE 2020 LOADING
COALspot.com: Korea South-East Power Co., Ltd. (KOEN), has issued an international tender for total 390,000 Metric Tons of coal for May & June ...
Thursday, 12 March 20
INDIA 2019 THERMAL COAL IMPORTS RISE 12.6% TO NEARLY 200 MILLION TONNES - REUTERS
India’s thermal coal imports rose 12.6% to nearly 200 million tonnes in 2019, government data reviewed by Reuters showed, reflecting the seco ...
Wednesday, 11 March 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.07 PCT - XINHUA
China Taiyuan coal transaction price index stood at 133.16 points Monday, up 0.07 percent week on week.
The index, released by China ...
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- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Marubeni Corporation - India
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
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