We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 20 December 11
THE COAL IMPORT INTO CHINA WAS QUIETER AS COAL STOCKS WERE AT HIGH LEVELS - BRS
 The BDI ended the week at 1888 points (-1.8%), the BCI corrected to 3572 (-3.4%), the BPI was up at 1,775 (+3.6%), the BSI dropped to 1193 (-3.0%) and the BHI down to 588 points (-2.3%).
Capesize
After peaking at just under $33,000 per day last Monday, the Capesize 4TC experienced a steady slide during the week, with a notable reduction in cargoes in the run-up to the holidays. As a result, Tubarao-China rates fell below $30 again, while the Pacific dropped under $13. Overall however the correction was not too severe – the BCI dropped 3% w-o-w - and while there was a decline at the start of the week it was relatively modest. The coming days are not expected to be eventful, but while January FFA prices climbed $3,000+ over the week, there is still a sharp drop anticipated in the paper market in the New Year, with December’s levels in the $30,000s dropping to the $20,000s in January.
Panamax
The 4TC average gained $500 this week to close at $14,200 per day. The Pacific showed a surge of $1,000 per day mainly due to firm grain activity out of Nopac and ECSA (attracting ballasters from the east). The coal import into China was however quieter as coal stocks were at high levels. On the other side, the Atlantic gained $400 Friday to Friday and closed at $15,800 per day. This basin was relatively stable with a balance of ships and cargoes; a premium of more than $1,500 per day compared to the TA round was paid for some earlier vessels able to make the USG within December. The Indian Ocean was quiet and the India/China route was paying $14/14.50 pmt and on the short period front, the market remained at the same level as last week, paying around $12,500 per day for LME 74,000 dwt delivery North China redelivery worldwide.
Supramax/Handy
The Baltic Supramax Index went down by 37 points to finish at 1,193 points last week, while the average of the time charter routes lost about $381 daily to finish close to $13,000 per day. In the east, the market showed more activity, but not enough to support the market. There was a slight improvement in the rates from India to China which fixed at $10,000 daily. Indonesia to India and Nopac remain steady respectively at $8,000 plus equivalent bb and $7,500 daily. In the Atlantic, the USG to Med rate declined, with Supramax getting fixed at $24,000 daily, while USG to Far East was done below $30,000 daily. The market was sustained by a few requirements ex ECSA to Far East in the very high teens and interest for short period at low-mid $11,000 daily, delivery east redelivery worldwide. On the smaller sizes, the Baltic Handysize index went down by 14 points to finish at 588 points while the time charter routes lost $172 to reach $8,425 daily. The market in the east revealed more scrap/steels cargos from north to south east Asia at $5,500 per day, which helped to release a bit of pressure on the rates. In the Atlantic a lack of cargos ex Black Sea, Continent and USG drove the rate down. Med/Cont to USG was worth $7,000, and USG to Cont $15,000. However, activity was supported with more grain cargos ex upriver to Med getting fixed at $15,000 daily.
Source: Barry Rogliano Salles
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 15 January 11
MAKE SACRIFICES TO SAVE PLN, INDONESIA GOVT BEGS MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Darwin Zahedi Saleh, Indonesia's minister of energy and mineral resources, on Friday appealed to local coal compan ...
Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal ...
Thursday, 13 January 11
SURGING COAL PRICES UNDERMINE PLN'S EFFICIENCY PROGRAM - THE JAKARTA POST
The Jakarta Post reported that, The soaring global coal prices are undermining state electricity company PT PLN's pledge to improve its operational ...
Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA
DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly do ...
Thursday, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...
|
|
|
Showing 5426 to 5430 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Economic Council, Georgia
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- The University of Queensland
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Planning Commission, India
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- The Treasury - Australian Government
- Bhatia International Limited - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
|
| |
| |
|
