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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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Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...
Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...
Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...
Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...
Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
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- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- The University of Queensland
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Parliament of New Zealand
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
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