We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 18 May 11
THE US COAL INDUSTRY LOGGED EXPORTS OF AROUND 25M TONNES IN 1Q OF 2011 - BRS
Another slow decline in the bulk markets this week, with the BCI losing the most at nearly 5%, the BPI 2.8% and the smaller sizes sub-1% amounts. The latter may see a drop in activity in the coming weeks due to the Mississippi floods which are reported to be affecting current barge traffic. In the coal market, the newly active US coal export market warned future growth could be constrained by infrastructural limitations. The US coal industry logged exports of around 25m tonnes in the first quarter of 2011 but Xcoal Energy chief executive Ernie Thrasher said producers would be unable to export more with the current east coast terminal capacity. US coal exports have provided significant new tonne-miles for the dry bulk market as coal supplies have become tight, but it appears they will be capped at around 100m tonnes per year due to the current infrastructure.
Capesize
Although the drift is not significant, the Capesize recorded another week-on-week decline this week. The four time charter average finished at US$6,002, a drop of US$775 from the previous Friday, with the largest declines logged Aus-China, and Braz-China not far behind. There was a flurry of activity by the Australian mining groups, but there was ample tonnage to meet the demand and rates did not improve. The bearish sentiment was also evident in the FFA market with the Q3 contract losing 12% w-o-w to finish last week at US$9,036 and Cal 12 10% w-o-w. Monday was another typical day with the BCI sliding 19 points, with no signs of a severe drop but none of a major improvement either.
Panamax
In the Panamax market the BPI slipped by US$400 week-on-week. The Atlantic remained stable thanks to a good balance between cargoes and ships; even spot vessels managed to fix at good levels at close to US$14,500/day on the TA round. Out of ECSA, the market eased throughout the week and the fronthaul lost US$1,000 to close at US$22,500/day. Indian exports eased too and the Panamax rate Goa-China was close to US$13 pmt, down US$2 pmt from the previous week. The Nopac and Far East markets were quiet and by the end of the week the number of vessels had started to increase, pushing the NOPAC round closer to just US$12,000/day. Friday to Friday, the period market interest vanished and very few vessels were reported fixed – the market for a Tess 74 BPI type was in the low-mid US$14,000s/ day, a US$2,000 drop from a week ago.
Supramax/Handy
The Supra and Handy markets witnessed a steady flow of activity last week with barely 5 points difference between Monday and Friday for the Supras and just 1 point for the Handies. We saw a slight drop in the Supras in the Far East, which appeared to be linked to the drop in paper values. India -China voyages went for about US$14,500 even though some owners tried to resist and rated ships at US$16,500 for the same routes. Indo – India went for an average of about US$17,500/day. We still saw strong numbers such as US$30,000 from the US Gulf to the Far East.
The market anticipated an immediate impact from the floods in the Mississippi but this was not the case. Continent-Med trips went for about US$18,000 while ECSA-Cont went for US$28,000. The Med was nearly dormant for the Supras. Out of the Black Sea we started to see some Corn cargoes for the first time since May last year. The rates are still not the best as a few Handies were fixed at about US$6,000 for trips Black Sea-Cont and about US$9,000 Med-Cont. Handies went for an average of about US$20,000 for US Gulf– Cont voyages and about US$22,000 for Cont –Far East trips. On the period front, we noticed many ships who were willing to go for short period but not many takers. Supras went for about US$14,000 for 4-6 months delivery east Med redel Atlantic and another at US$15,000 same 4-6 months redel Atlantic. A Handy went for US$13,000 for 1 year period redel worldwide.
Source: Barry Rogliano Salles
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly ...
Tuesday, 13 September 11
CAPITAL COSTS OF INDIAN COAL MINING PROJECT - AN ANALYST VIEW
By Mr Dipesh Dipu, Director - Consulting (Mining), Deloitte Touche Tohmatsu India Private Limited
The coal mining sector that has been opened par ...
Tuesday, 13 September 11
INDONESIAS COAL SECTOR EYES 2012 BOOM - JG
The Jakarta Globe, Indonesian English language News paper reported that, Coal production is set to surge next year as coal miners bolster their busi ...
Tuesday, 13 September 11
DRY BULK RALLY MAINTAINS MOMENTUM AT START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum at the start of the week, as the industry’s benchmark, the Baltic Dry Index (BDI) was up by 2.07% ...
Monday, 12 September 11
INDONESIAN GOVERNMENT HAS ALLOCATED MORE COAL FOR 2012
COALspot.com - Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 perc ...
|
|
|
Showing 5086 to 5090 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- CNBM International Corporation - China
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- White Energy Company Limited
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
|
| |
| |
|