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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, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...
Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...
Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...
Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday.
Bambang Setiawan, the director general of mineral r ...
Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Planning Commission, India
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
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