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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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Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
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- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- The University of Queensland
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Minerals Council of Australia
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
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