We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 19 October 11
SUPRAMAX MARKET WAS VERY FIRM LAST WEEK - BRS
 With all sectors contributing positively, the BDI ended the week at 2,173 points (+8.6%), its highest level so far in 2011. The BCI stood at 3,587 (11.5%), the BPI at 2,084 (+8.9%), the BSI 1,594 (+4%) and the BHI moved to 822 points (+6.2%). In the iron ore market, recent volatility in ore prices has prompted some mining companies to sidestep the quarterly pricing mechanism and offer ore at spot prices. Market sources say Chinese mills are reluctant to pay the fourth quarter contract price of $175 per tonne (based on the average for the previous quarter) when current spot prices are just $160 per tonne. Instead Vale has reportedly offered fourth-quarter prices based on the average for October-December spot rates. The move could encourage continued buying by the Chinese, especially as prices have continued to fall in recent days.
Capesize
An unexpected second week of gains for the Cape size market, with the 4TC hitting its highest rate since November 2010 on Friday. Activity was very strong in the Pacific, with plenty of fixtures concluded. Hedland-Qingdao saw the biggest gains during the week, as buyers returned from the Chinese holidays, and there were even rumors of a post-$13 per tonne deal. The continued good activity has resulted in rising congestion in China, and almost 70 ships were seen at anchorage in the country by Friday. This compares to 45 vessels the previous week, with nearly 90 ships expected over the next fortnight. However the BCI fell nearly 50 points on Monday, and the Coaltrans conference in Madrid is also expected to lead to a quieter market in the coming week.
Panamax
The Atlantic basin remained tight on prompt tonnage, with reasonable volumes of USG/China business being concluded. There was also an increase in TA stems towards the end of the week, providing additional support to the market (an increase of $1,437 on 1A and $1,608 on the 2A indices), although there is a feeling the market may begin to stabilize if business out of the Gulf thins. In addition to this, Coaltrans in the early part of the coming week could subdue the market somewhat. Looking forward, the trend in the Atlantic could well steady after the rises in recent weeks. The Pacific market also continued to climb over the week, with cargo volumes remaining healthy. Having said this, the level of activity seemed to tail off a touch towards the end of the week with some expectations for a more stable index in the coming days, and little in the way of fresh business being concluded at the beginning of the new week.
Supramax/Handy
The market was very firm last week and even though we felt there were signs of slowing towards the end of the week, the indices were still on the rise. For Supras, the Baltic Index gained 50 points to end at 1,594, with the TC average increasing by $521 to finish at $16,150. Modern Supras were fixed very quickly with none left in ECSA for October dates. From the USG, cargoes to the Far East were fixed in the mid $30,000s, and in the low $30,000s to the Continent. For trips from West Coast Africa via ECSA to the Far East, rates were around $23-24,000. For the smaller sizes, the market was also strong and kept on increasing with the Index gaining 36 points to finish at 822. The TC average for the Handies increased by $476 to end the week at $11,911. Fewer fixtures were reported for Handies than for Supras however from the Continent; Handies were fixed to the Med in the mid/ high $10,000s. From the Med, Handies were fixed to East Coast South America at $10,000. In the East, Supras were fixed around $15,000 dop China via Indonesia redelivery Far East. Aussie rounds on Handies were fixed around $12,000. On period, a couple of modern Supras were taken in the Far East for short period at around $15,000 with redelivery worldwide. A couple of Supras were taken for a year around $14-14,500 with delivery in the Far East and worldwide redelivery.
Source: Barry Rogliano Salles
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 17 December 20
CHINA'S BAN IS LESS OF A THREAT TO AUSTRALIA'S COAL INDUSTRY THAN INTERNATIONAL CLIMATE AMBITION - IEEFA
Australian coal exporters will survive this near-term political fight but there are longterm structural headwinds
The decision by Ch ...
Thursday, 17 December 20
BUMA SIGNED US$1.0 BILLION WORTH OF EXTENSION CONTRACT WITH BERAU COAL
PT Bukit Makmur Mandiri Utama, subsidiary of PT Delta Dunia Makmur Tbk., has extended its mining services contracts with PT Berau Coal, in relation ...
Wednesday, 16 December 20
INDONESIA 2020 COAL CONSUMPTION ESTIMATED AT 140-145 MLN TONNES - OFFICIAL, REUTERS REPORTED
Indonesia’s domestic coal consumption is estimated at 140-145 million tonnes this year, Dodik Ariyanto, an official at the energy ministry, t ...
Wednesday, 16 December 20
RUSSIA REVISES DOWN EXPORT EXPECTATION - FITCH
The Ministry of Economy of Russia, the world’s third largest thermal coal exporting country, released its annual forecasts ...
Wednesday, 16 December 20
INDIAN COAL IMPORTS TO REMAIN SUBDUED - FITCH RATINGS
Fitch Rating commented on Indian Coal Imports, Fitch said, coal imports by Indian utilities fell by about 24% yoy to 44 million tonnes (mt) i ...
|
|
|
Showing 701 to 705 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- White Energy Company Limited
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Indika Energy - Indonesia
|
| |
| |
|
