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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, 09 July 09
COAL AND OIL GROUP TO INVEST $300 MN TO BUY SHIPS AND ACQUIRE COAL MINE
Coal & Oil Group is planning to invest around $300 million (around Rs 1,500 crore) to buy new ships and to acquire coal mines. The company is pl ...
Thursday, 09 July 09
NO TRADE ON AUSTRALIA'S ASX COAL FUTURES DEBUT
*ASX's deliverable thermal coal futures debut without trade
*ASX says futures could present new arbitrage opportunities
The debut of Australia ...
Wednesday, 08 July 09
GERMAN COAL PRODUCTION DECREASED BY 31% TO ROUND 3.4 MILLION TON IN 1Q 2009 - COAL IMPORTERS ASSOCIATION, HAMBURG
COALspot.com (Germany):
World Coal Market
According to analysis of VEREIN DER KOHLENIMPORTEURE E.V. , On a quantity basis the s ...
Wednesday, 08 July 09
HUADIAN POWER BUYS INTO COAL MINERS
Huadian Power International Corporation - China's largest independent power producerCannounced Tuesday in a filing to the Shanghai Stock Exchange ...
Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
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- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Australian Coal Association
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Minerals Council of Australia
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- The University of Queensland
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
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