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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 $15,964 a day.
SSY Consultancy is a unit of London-based Simpson Spence & Young Ltd.
Source: Alaric Nightingale, Bloomberg,Hellenic Shipping
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Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points.
BDI
The cape index cont ...
Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...
Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY
Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...
Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...
Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
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- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Australian Coal Association
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
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