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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, 27 June 09
HEAVY CONGESTION AT AUSTRALIAN PORTS REACHING ALL TIME HIGH TO 120 SHIPS IN EAST COAST AUSTRALIA - VISTAAR SHIPPING
COALspot.com (Singapore): The market this week was a bit soft and the BDI was down by almost 10 pct and closed at 3,703 points.
The drop in BDI i ...
Friday, 26 June 09
INDONESIA INVESTORS EYE BHP BILLITON COAL PROJECT
About four Indonesian investors are interested in taking over a coal project owned by BHP Billiton Ltd, a senior government mining official said.
...
Friday, 26 June 09
SOUTH AFRICA'S CONSULTING GROUP OPENS OFFICES IN CHINA, INDONESIA
Consulting engineering company SRK Consulting has opened new offices in Asia to cope with the growing demand for its services in the region.
The ...
Friday, 26 June 09
RUSSIA MECHEL TO DELIVER 2 MLN T COKING COAL TO ASIA
Russian steel and coal producer Mechel said on Thursday it had signed contracts to deliver about 2 million tonnes of coking coal concentrate to unna ...
Friday, 26 June 09
SA COAL EXPORTS UNLIKELY TO BREACH 65MT THIS YEAR
Coal volumes railed to South Africa’s Richards Bay Coal Terminal (RBCT) during the rain-affected first quarter of 2009 had fallen well short o ...
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- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Australian Coal Association
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
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