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$13,000 for 1 year period redel worldwide.
Source: Barry Rogliano Salles
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...
Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.
The USG remain ...
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...
Thursday, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...
|
|
|
Showing 5331 to 5335 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- White Energy Company Limited
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Planning Commission, India
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
|
| |
| |
|