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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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Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...
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Showing 5911 to 5915 news of total 6871 |
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- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- The University of Queensland
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
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