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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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Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...
Monday, 08 June 09
SAN MIGUEL EYES LOCAL MINING VENTURES - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, Diversifying conglomerate San Miguel Corp.is making big plans for Philippine mining, seen as an industry th ...
Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...
Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...
Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore): Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...
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- Sical Logistics Limited - India
- Tamil Nadu electricity Board
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- Pipit Mutiara Jaya. PT, Indonesia
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- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
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- Independent Power Producers Association of India
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- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
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- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
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- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
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- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
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- Eastern Coal Council - USA
- Singapore Mercantile Exchange
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- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
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