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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, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...
Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...
Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...
Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...
Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
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- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Planning Commission, India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- The University of Queensland
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
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