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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, 08 November 11
COAL MINER ABM INVESTAMA PLANS $290M PUBLIC OFFERING - JG
The Jakarta Globe reported that, ABM Investama, an Indonesian coal miner controlled by the Hamami family, plans to raise as much as Rp 2.6 trillion ...
Monday, 07 November 11
CHINA'S COAL IMPORTS STEAM AHEAD
Chinese seaborne coal imports have grown greatly in recent years, up from 39.2mt in 2008 to 167.7mt in 2010, with the result that China became a net ...
Saturday, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR
COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also co ...
Saturday, 05 November 11
BERAU STARTS TO EXPLORE BINUNGAN SITE - INSIDER STORIES
Insider Stories reported that, coal miner PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is busy to hold exploration in B ...
Friday, 04 November 11
INDIAN IRON ORE MARKET REMAINS DEAD - FEARNLEYS
Handy
The Atlantic market kept its strong position from last week. Even with fewer fixtures reported. Fronthauls still around 25k, wit ...
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- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- VISA Power Limited - India
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
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