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Friday, 17 September 10
FREIGHT RATES TO DECLINE FURTHER - ICICI SEC
Broking firm ICICI Securities said tanker freight rates reported a sharp drop with rates of Suezmax and Aframax carriers declining by 16% to USD 8,625 and by 25% to USD 7,752 in the last month. VLCC carrier freight rates posted the maximum drop of 43% to USD 7,109 over the same period.
Going forward, it expects freight rates to decline further. The outlook for the same is given below:
Dry bulkers: Dry bulk freight rates are expected to decline in the second half of September 2010 after posting a marginal rise in the first half of the month. We are cautious as steel production in China continues to moderate. This will also result in a decline in import of iron ore and a resultant drop in Capesize vessel freight rates. China`s iron ore inventory of ~75 million tons is likely to moderate, going forward, as it scales down its steel production.
Tankers: Crude oil tanker freight rates are likely to remain muted in September on account of muted demand for crude oil and drop in crude oil shipments. Productcarrier freight rates are also expected to be muted in September 2010 on account of the weak demand scenario in US and Europe.
LPG carriers: LPG carrier rates are expected to continue to remain subdued in September 2010.
Offshore vessels: The utilization level is likely to improve marginally but vessel rates are expected to be stable in September. Despite the clampdown on offshore drilling in the Gulf of Mexico, oil exploration and drilling activities are likely to show strength in regions such as Latin America and West Africa.
Source:IRIS
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Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...
Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...
Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...
Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today.
According to our market sources, Coas ...
Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...
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- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
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