COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...


Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...


Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...


Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...


Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...


   1265 1266 1267 1268 1269   
Showing 6331 to 6335 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Ambuja Cements Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Chamber of Mines of South Africa
  • Electricity Generating Authority of Thailand
  • KPCL - India
  • Thai Mozambique Logistica
  • GAC Shipping (India) Pvt Ltd
  • Metalloyd Limited - United Kingdom
  • Rio Tinto Coal - Australia
  • Bharathi Cement Corporation - India
  • Price Waterhouse Coopers - Russia
  • Gujarat Mineral Development Corp Ltd - India
  • Fearnleys - India
  • Georgia Ports Authority, United States
  • Coal Orbis AG
  • Cardiff University - UK
  • Pendopo Energi Batubara - Indonesia
  • Permata Bank - Indonesia
  • Makarim & Taira - Indonesia
  • Bank of America
  • CNBM International Corporation - China
  • Medco Energi Mining Internasional
  • White Energy Company Limited
  • EMO - The Netherlands
  • PTC India Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Deutsche Bank - India
  • Interocean Group of Companies - India
  • Bhushan Steel Limited - India
  • Eastern Energy - Thailand
  • Bank of China, Malaysia
  • KPMG - USA
  • Kartika Selabumi Mining - Indonesia
  • ACC Limited - India
  • Indika Energy - Indonesia
  • Peabody Energy - USA
  • World Bank
  • Siam City Cement - Thailand
  • SGS (Thailand) Limited
  • Gujarat Sidhee Cement - India
  • Economic Council, Georgia
  • Riau Bara Harum - Indonesia
  • Simpson Spence & Young - Indonesia
  • Jindal Steel & Power Ltd - India
  • Kideco Jaya Agung - Indonesia
  • Videocon Industries ltd - India
  • Antam Resourcindo - Indonesia
  • Madhucon Powers Ltd - India
  • BNP Paribas - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Karaikal Port Pvt Ltd - India
  • MEC Coal - Indonesia
  • Mitsubishi Corporation
  • PNOC Exploration Corporation - Philippines
  • Geoservices-GeoAssay Lab
  • Arch Coal - USA
  • DBS Bank - Singapore
  • Mechel - Russia
  • SMG Consultants - Indonesia
  • Oldendorff Carriers - Singapore
  • Intertek Mineral Services - Indonesia
  • Adaro Indonesia
  • Thailand Anthracite
  • Malabar Cements Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • The State Trading Corporation of India Ltd
  • ANZ Bank - Australia
  • Sinarmas Energy and Mining - Indonesia
  • Asia Cement - Taiwan
  • Sree Jayajothi Cements Limited - India
  • Mercuria Energy - Indonesia
  • J M Baxi & Co - India
  • Indogreen Group - Indonesia
  • Indonesia Power. PT
  • Renaissance Capital - South Africa
  • Altura Mining Limited, Indonesia
  • Asian Development Bank
  • Bayan Resources Tbk. - Indonesia
  • Central Electricity Authority - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Argus Media - Singapore
  • UOB Asia (HK) Ltd
  • London Commodity Brokers - England
  • Commonwealth Bank - Australia
  • Maruti Cements - India
  • Aboitiz Power Corporation - Philippines
  • GNFC Limited - India
  • Idemitsu - Japan
  • Global Coal Blending Company Limited - Australia
  • Africa Commodities Group - South Africa
  • Barclays Capital - USA
  • Moodys - Singapore
  • Binh Thuan Hamico - Vietnam
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Coastal Gujarat Power Limited - India
  • TGV SRAAC LIMITED, India
  • Samsung - South Korea
  • Salva Resources Pvt Ltd - India
  • Thriveni
  • Reliance Power - India
  • Jatenergy - Australia
  • Merrill Lynch Commodities Europe
  • LBH Netherlands Bv - Netherlands
  • Panama Canal Authority
  • Independent Power Producers Association of India
  • Anglo American - United Kingdom
  • Kepco SPC Power Corporation, Philippines
  • KOWEPO - South Korea
  • Global Green Power PLC Corporation, Philippines
  • IEA Clean Coal Centre - UK
  • ING Bank NV - Singapore
  • Australian Coal Association
  • Bangladesh Power Developement Board
  • Electricity Authority, New Zealand
  • Inco-Indonesia
  • OCBC - Singapore
  • McKinsey & Co - India
  • Rashtriya Ispat Nigam Limited - India
  • Shenhua Group - China
  • CoalTek, United States
  • Directorate Of Revenue Intelligence - India
  • Merrill Lynch Bank
  • PLN - Indonesia
  • Mjunction Services Limited - India
  • Adani Power Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • CIMB Investment Bank - Malaysia
  • TNB Fuel Sdn Bhd - Malaysia
  • ETA - Dubai
  • Maheswari Brothers Coal Limited - India
  • Parry Sugars Refinery, India
  • IBC Asia (S) Pte Ltd
  • Directorate General of MIneral and Coal - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • NALCO India
  • EIA - United States
  • Tata Power - India
  • Parliament of New Zealand
  • Coeclerici Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Sojitz Corporation - Japan
  • New Zealand Coal & Carbon
  • Central Java Power - Indonesia
  • Indian Energy Exchange, India
  • Coal and Oil Company - UAE
  • Coalindo Energy - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Carbofer General Trading SA - India
  • Mitsui
  • KEPCO - South Korea
  • Latin American Coal - Colombia
  • Sakthi Sugars Limited - India
  • Indian Oil Corporation Limited
  • GHCL Limited - India
  • Borneo Indobara - Indonesia
  • VISA Power Limited - India
  • UBS Singapore
  • Krishnapatnam Port Company Ltd. - India
  • Kalimantan Lumbung Energi - Indonesia
  • Cemex - Philippines
  • Thiess Contractors Indonesia
  • Ministry of Finance - Indonesia
  • Gupta Coal India Ltd
  • Indian School of Mines
  • Goldman Sachs - Singapore
  • TeaM Sual Corporation - Philippines
  • ICICI Bank Limited - India
  • WorleyParsons
  • Baramulti Group, Indonesia
  • Petrosea - Indonesia
  • Lanco Infratech Ltd - India
  • Sical Logistics Limited - India
  • Orica Mining Services - Indonesia
  • Barasentosa Lestari - Indonesia
  • MS Steel International - UAE
  • Neyveli Lignite Corporation Ltd, - India
  • Orica Australia Pty. Ltd.
  • PLN Batubara - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Deloitte Consulting - India
  • Freeport Indonesia
  • Formosa Plastics Group - Taiwan
  • Gresik Semen - Indonesia
  • India Bulls Power Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Berau Coal - Indonesia
  • Minerals Council of Australia
  • PetroVietnam
  • Uttam Galva Steels Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Siam City Cement PLC, Thailand
  • Savvy Resources Ltd - HongKong
  • Maharashtra Electricity Regulatory Commission - India
  • JPMorgan - India
  • Indorama - Singapore
  • Power Finance Corporation Ltd., India
  • GMR Energy Limited - India
  • Larsen & Toubro Limited - India
  • Samtan Co., Ltd - South Korea
  • McConnell Dowell - Australia
  • Ministry of Transport, Egypt
  • Bhatia International Limited - India
  • GB Group - China
  • Energy Development Corp, Philippines
  • Bangkok Bank PCL
  • Heidelberg Cement - Germany
  • Meenaskhi Energy Private Limited - India
  • Thomson Reuters GRC
  • Holcim Trading Pte Ltd - Singapore
  • Vitol - Bahrain
  • Marubeni Corporation - India
  • Qatrana Cement - Jordan
  • TNPL - India
  • SUEK AG - Indonesia
  • Standard Chartered Bank - UAE
  • Maersk Broker
  • Iligan Light & Power Inc, Philippines
  • Sarangani Energy Corporation, Philippines
  • PowerSource Philippines DevCo
  • Wood Mackenzie - Singapore
  • Xstrata Coal
  • Tamil Nadu electricity Board
  • Noble Europe Ltd - UK
  • Wilmar Investment Holdings
  • PetroVietnam Power Coal Import and Supply Company
  • Platou - Singapore
  • Clarksons - UK
  • Ince & co LLP
  • Petron Corporation, Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • TRAFIGURA, South Korea
  • Thermax Limited - India
  • Semirara Mining Corp, Philippines
  • European Bulk Services B.V. - Netherlands
  • Trasteel International SA, Italy
  • Toyota Tsusho Corporation, Japan
  • Maybank - Singapore
  • Bukit Makmur.PT - Indonesia
  • Pinang Coal Indonesia
  • Malco - India
  • IHS Mccloskey Coal Group - USA
  • Cebu Energy, Philippines
  • Grasim Industreis Ltd - India
  • Shree Cement - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Australian Commodity Traders Exchange
  • Port Waratah Coal Services - Australia
  • IMC Shipping - Singapore
  • South Luzon Thermal Energy Corporation
  • Singapore Mercantile Exchange
  • Ind-Barath Power Infra Limited - India
  • Runge Indonesia
  • Sucofindo - Indonesia
  • Global Business Power Corporation, Philippines
  • Bulk Trading Sa - Switzerland
  • IOL Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Japan Coal Energy Center
  • Romanian Commodities Exchange
  • San Jose City I Power Corp, Philippines
  • Timah Investasi Mineral - Indoneisa
  • Aditya Birla Group - India
  • Vedanta Resources Plc - India
  • Mitra SK Pvt Ltd - India
  • Therma Luzon, Inc, Philippines
  • Kobe Steel Ltd - Japan
  • Semirara Mining and Power Corporation, Philippines
  • Cosco
  • Rudhra Energy - India
  • Bhoruka Overseas - Indonesia
  • Banpu Public Company Limited - Thailand
  • Energy Link Ltd, New Zealand
  • Star Paper Mills Limited - India
  • Dalmia Cement Bharat India
  • CESC Limited - India
  • Kobexindo Tractors - Indoneisa
  • Bahari Cakrawala Sebuku - Indonesia
  • Enel Italy
  • TANGEDCO India
  • globalCOAL - UK
  • Meralco Power Generation, Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Glencore India Pvt. Ltd
  • bp singapore
  • Indo Tambangraya Megah - Indonesia
  • RBS Sempra - UK
  • Credit Suisse - India
  • OPG Power Generation Pvt Ltd - India
  • Cement Manufacturers Association - India
  • AsiaOL BioFuels Corp., Philippines
  • SMC Global Power, Philippines
  • World Coal - UK
  • Jaiprakash Power Ventures ltd
  • Leighton Contractors Pty Ltd - Australia
  • SRK Consulting
  • Edison Trading Spa - Italy
  • BRS Brokers - Singapore
  • Humpuss - Indonesia
  • Ministry of Mines - Canada
  • Vizag Seaport Private Limited - India
  • Inspectorate - India
  • Tanito Harum - Indonesia
  • NTPC Limited - India
  • Manunggal Multi Energi - Indonesia
  • Essar Steel Hazira Ltd - India
  • Planning Commission, India
  • Kaltim Prima Coal - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Eastern Coal Council - USA
  • Vale Mozambique
  • Coaltrans Conferences
  • Platts
  • Mercator Lines Limited - India
  • Core Mineral Indonesia
  • Total Coal South Africa
  • ASAPP Information Group - India
  • Tata Chemicals Ltd - India
  • Attock Cement Pakistan Limited
  • Sindya Power Generating Company Private Ltd
  • U S Energy Resources
  • Indonesian Coal Mining Association
  • GN Power Mariveles Coal Plant, Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • JPower - Japan
  • Infraline Energy - India
  • HSBC - Hong Kong
  • Arutmin Indonesia
  • CCIC - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • The University of Queensland
  • Mintek Dendrill Indonesia
  • APGENCO India
  • Asmin Koalindo Tuhup - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Coal India Limited
  • Agrawal Coal Company - India
  • Kapuas Tunggal Persada - Indonesia
  • Cargill India Pvt Ltd
  • The Treasury - Australian Government
  • The India Cements Ltd
  • Posco Energy - South Korea
  • SASOL - South Africa
  • Kumho Petrochemical, South Korea
  • Alfred C Toepfer International GmbH - Germany
  • Russian Coal LLC
  • Britmindo - Indonesia
  • Lafarge - France
  • Surastha Cement
  • GVK Power & Infra Limited - India
  • Xindia Steels Limited - India