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Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the reduced supply, according to SSY Consultancy & Research Ltd., a unit of the world’s second-largest shipbroker. Output cuts by China, the world’s largest steelmaker, will probably continue to the year’s end because of limited power supplies for mills, the nation’s Ministry of Industry and Information Technology said Sept. 15. The reductions are aimed at meeting energy-efficiency targets.
“The resulting widening in steelmaker margins would encourage further production within China once restrictions are lifted and support output in the rest of the world,” SSY Consultancy & Research Ltd. said in a report. Still, the cuts have “unsettled” shipowners’ confidence about immediate demand, it said as the Baltic Dry Index slid for a fifth day.
The index, a gauge of overall measure of commodity shipping costs, slumped 11 percent this week, the most in 10 weeks, according to the London-based Baltic Exchange. Today it fell 61 points, or 2.2 percent, to 2,676 points. Chinese iron-ore purchasing may rise once the restrictions are lifted, SSY Consultancy said.
Daily hire rates for capesize-class ships that typically deliver iron ore, the main steelmaking ingredient, declined 18 percent this week, the biggest slump in nine weeks, according to the Baltic Exchange. Rents dropped 4.3 percent to $33,812 today, leading declines among the four vessel types tracked by the bourse.
Charter costs for smaller panamaxes that also haul coal and grains fell 1.9 percent to $23,525 a day today and supramaxes lost 0.8 percent to $21,041. Handysizes were little changed at $15,964 a day.
SSY Consultancy is a unit of London-based Simpson Spence & Young Ltd.
Source: Alaric Nightingale, Bloomberg,Hellenic Shipping
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Thursday, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...
Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...
Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons.  ...
Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...
Tuesday, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695 of coal in May 2010. May coal exports dropped by 20.61 percent co ...
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- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- The University of Queensland
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
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