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Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the ships rose 0.2 percent to $30,975, for a 4.4 percent gain in three days, according to the Baltic Exchange in London. Seven capesizes were booked today for spot, or single-voyage, loadings, up from one on Oct. 19, Omar Nokta, a New York-based analyst at investment bank Dahlman Rose & Co., wrote in an e-mailed report today.
“World iron-ore exports are set to record a new all-time high in the fourth-quarter 2011,” SSY Consultancy & Research said in an e-mailed report today. The company is part of Simpson, Spence & Young Ltd., the world’s second-largest shipbroker.
Capesize rates more than tripled since Aug. 1. Four ships were booked to haul iron ore today on the Western Australia-to- China iron-ore route, Nokta said. China produced 47 percent of the world’s crude steel in August, according to World Steel Association figures.
Fourth-quarter forward freight agreements decreased 2.2 percent to $26,125 a day, according to data from Clarkson Plc, the world’s largest shipbroker. Traders use FFAs to bet on or hedge future shipping costs.
Capesizes are the biggest vessels tracked by the Baltic Dry Index, a broader gauge of commodity-shipping rates, which declined 0.4 percent to 2,153 points. It’s up 21 percent this year while capesizes climbed 55 percent.
Daily rents for panamax ships, the largest that can navigate the Panama Canal, decreased 1.6 percent to $16,215. That’s up 10 percent this year. Supramaxes declined 0.3 percent to $16,804. Handysize ships, the smallest tracked by the index, decreased 0.2 percent to $11,901.
Source: Rob Sheridan, Alaric Nightingale, Bloomberg, Hellenic Shipping
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Thursday, 20 October 11
BRACKEN INTERNATIONAL MINING LISTS ON FRANKFURT STOCK EXCHANGE
Press Release - Bracken International Mining (Code:1BM) listed on the Deutsche Börse’s Frankfurt Stock Exchange today at €1.00 with ...
Thursday, 20 October 11
CAPESIZES, SUPRAMAXES LEAD GAINS FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Struggling to find additional support, but still managing to post gains, the dry bulk market has stabilized itself on higher levels again yesterday, ...
Wednesday, 19 October 11
METALLURGICAL COAL PRICES TO DROP BELOW US$240/TONNE - WOOD MACKENZIE
Wood Mackenzie Says Metallurgical Coal Prices to Drop Below US$240/tonne by Q4 2012 But Long-term Demand Fundamentals Remain Robust
Wood Mackenzi ...
Wednesday, 19 October 11
SUPRAMAX MARKET WAS VERY FIRM LAST WEEK - BRS
With all sectors contributing positively, the BDI ended the week at 2,173 points (+8.6%), its highest level so far in 2011. The BCI stood at 3,587 ( ...
Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...
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- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
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