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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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Tuesday, 18 October 11
INDONESIAN PRESIDENT APPOINTS JERO WACIK AS NEW MINISTER OF ENERGY & MINERAL RESOURCES
COALspot.com - Jero Wacik has been appointed as minister of energy and mineral resources of Indonesia replacing Darwin Saleh and Prof. Widjajono Par ...
Tuesday, 18 October 11
DELTA DUNIA MAKMUR HAS PRODUCED 3.0 MILLION TONS OF COAL LAST MONTH
COALspot.com - PT. Delta Dunia Makmur, wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur has removed 1.4 million bcm ...
Monday, 17 October 11
KOWEPO TO BUY 260,000 MT BITUMINOUS COAL
COALspot.com - KOWEPO has issued a spot tender for 260,000MT of minimum 5,600kcal/kg NAR Bituminous Coal.
The tender document also mentioned tha ...
Monday, 17 October 11
CAPESIZE SHIPPING COSTS CLIMB TO 10-MONTH HIGH ON ORE IMPORTS
The cost to hire capesize vessels climbed to a 10-month high as rising imports of iron ore to China boosted demand for the ships.Monthly iron-ore sh ...
Saturday, 15 October 11
BUNKER PRICES AND DEMANDS PUSHED FREIGHT RATES UP - VISTAAR
COALspot.com - The market continued to be firm with all segments moving up with biggest gain in Handy size segment up by 15 pct. The BDI was u ...
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- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Planning Commission, India
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
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