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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, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...
Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland.
The terminal is now ...
Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...
Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...
Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
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- Independent Power Producers Association of India
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- McConnell Dowell - Australia
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- The University of Queensland
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
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