We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 14 March 13
DRY BULK MARKET KEEPS ON RISING MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The dry bulk market has maintained its rising momentum, on the back of increased cargo availability. According to yesterday's figures, the industry's benchmark, the Baltic Dry Index (BDI) was up by 10 points, reaching a total of 875 points. Capesizes were unchanged yesterday, as the relative Capesize Index was steady at 1,314 points. Still, the Capesize market gained an impressive 11 percent just in one day, during Tuesday. This was the biggest single day gain since mid-January. During yesterday's session, the Supramax segment was the strongest, posting a daily gain of 14 points, to reach 903 points in total. Panamaxes also gained to reached 1,138 points, while slight gains of four points were also in store for the smaller dry bulk carriers (Handysize-Handymax).
According to the latest weekly report from shipbroker Fearnleys, in the Capesize market "some optimism surfacing as west Australia activity was picking up with increased demand for earlier ships. However as the end of the week approached, the optimism was vanishing as west Australian shippers turned quiet. Front haul activity remains dull, with Vale still being out of the game. Period rates have remained stable, with short period rates close to $10,000 a day.
Fearnleys went on to mention that "the Panamax segment has experienced a good period lately thanks to the grain season in S.Am soaking up vsls from both the Pacific and Atlantic.
This has led to up to 25 days congestion in several of the main grain ports in the area, and now shippers ask the operators to delay their shipments a bit to take away some of the piled up ships, which resulted in a calmer market. We see many ships open in F.East that has started their ballast towards ECSA, all hoping to repeat or beat last done. Though now there is some uncertainty in the market and many doubts the rates can continue the climb. At the same time we hear some good news from the Pacific coal market as Indonesia is lowering their prices a bit to compete against Chinese inland coal. This might lead to better coal activity in this area. Currently Pacific rounds pay arnd USD 10k. The Atlantic is pretty quiet but slowly improving; TA rounds pay around 10k. The long period market has been quiet lately; 1 yr period pay around USD 9k" the shipbroker noted.
Finally, in the Handy front, Fearnleys noted that "the Indian market is still quiet in respect of export of iron ore. WC India market has improved with a few stems out of the MEG, WC India opening vessels are seeing around 9000-10,000 for trip to India via MEG. For Indo-India trip Supra rate is around 10,000 bss south China and 9500 bss CJK range, and around 9000 for short period. Spmx freight rate from Red Sea/India is around mid teens" it concluded.
In a quote from Arctic Securites, featured in a Bloomberg story this week, "an increase in coal shipments from Colombia, after miners at BHP Billiton Ltd. (BHP)’s Cerrejon coal venture ended a 32-day strike this week, “will be positive for Capes as it will likely push fixing activity up”. In a similar note, Galbraith's noted that record steel production in China during February also indicates strong demand for iron ore. The shipbroker added that “acombination of a slight drop in iron ore prices and improved weather/availability from Western Australia is allowing Chinese iron ore imports and thus Cape rates to return to slightly higher levels. “A couple of longer haul fixtures from Brazil and Suldanha Bay and the resumption of Western Australia fixtures to Qingdao will have supported the recent tick up in Cape rates”, it concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 10 March 13
INDIA - INDONESIA SUPRAMAX FREIGHT : FIRM TREND
COALspot.com – This week freight market was raised and remained firm in all segments.
The BDI was up by 6.70 pct closed at 843 points, ...
Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state&rsqu ...
Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY
COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordin ...
Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in March 2013.
The monthly coal reference ...
Friday, 08 March 13
DRY BULK MARKET ON A RISING TREND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its rising pattern set after China opened up again for business, following the Asian New Year Holidays. As a resul ...
|
|
|
Showing 4356 to 4360 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Australian Coal Association
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
|
| |
| |
|
