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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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Tuesday, 23 June 09
NAPOCOR TO RE-TENDER FOR 195,000 T COAL IN JULY
Electricity producer National Power Corp. (Napocor) will hold a tender on July 15 to buy 195,000 tons of steam coal for its Sual power station, the ...
Monday, 22 June 09
ONE DIES IN KUTAI COAL TUNNEL COLLAPSE
The Jakarta Post reported that, A tunnel at a coal mine belonging to company PT Fajar Bumi Sakti in Kutai Kartanegara, East Kalimantan collapsed on ...
Monday, 22 June 09
THIS WEEK IS EXPECTED TO BE FIRM AND DEMAND OF SHIPS WOULD BE STRONG - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI up by 487 points over last week which is an increase of almost 13 pct. The increase is again mainly due to Ca ...
Monday, 22 June 09
CHINESE MAY COAL IMPORTS HIT RECORD 9.43 MILLION TONNES
Reuters quoted Custom Data showed that China's coal imports hit an all-time record of 9.43 million tonnes in May.
The figure surpasses the previ ...
Monday, 22 June 09
SOUTH AFRICAN EXPORT COAL DECLINES ON WEAKENING EUROPEAN DEMAND
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, posted the first dro ...
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- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- White Energy Company Limited
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Ministry of Mines - Canada
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Planning Commission, India
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
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