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Wednesday, 08 May 13
PANAMAX VESSELS PROVE TO BE "STARS OF THE MONTH" FOR THE DRY BULK MARKET DURING APRIL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 They have taken a beating on various occasions during the past few years of the dry bulk market's crisis, but the fact remains, that despite the heavy orderbook, Panamax dry bulk carriers, are among the most versatile ship types and this comes in handy when seasonal demand picks up. According to the latest monthly report from shipbroker Intermodal, April was "a very positive month for Panamaxes despite the ever present fears regarding the scheduled for delivery for 2013. A lot of emphasis was placed on the much firmer grain market which allowed for ample of fresh inquiries to surface in the Atlantic basin and empty out much of the tonnage lists that had amassed. This however was only one side of the story, because at the same time and playing a much more significant role with regards to the longer-term prospects of this size segment, we witnessed a much stronger coal trade in the Pacific basin, as many traders were taking advantage of the softening prices for this important dry commodity. China’s and India’s energy appetite is still rising and their preference towards coal fired power plants means strong demand for thermal coal", Intermodal said.
According to analyst George Lazaridis, "Indonesia has been a prime supplier for both these markets for several years now. Being one of the largest exporters of coal worldwide, it is significant that they recently announced stellar results for the first quarter of 2013, with total exports of coal reaching just over 99 million tons (despite the heavy rainfall in the first two months which lead to slower production output) and around 80% of this being exported to two of the biggest importing countries which are China and India. At the same time, the Indonesian Energy and Mineral Resources Ministry estimates that they will close off the year with a record number of close to 400 million metric tons of coal produced, which is a 3.6 per cent increase compared to the 386 million tons output of 2012. All this is in stark contrast to where we were at the end of August last year, were the slowing growth from China had shown an immediate negative impact in shipments from Indonesia. The difference since then is not only the improved economic conditions in China which has led to a ramping up of infrastructure spending and industrial production needs, but also a change in policy by the Indonesian government which has decided to drop its proposal to ban exports of lower-quality grades. This is quite significant as it has helped export volumes increase significantly, while for a more forward looking perspective it will help sustain the country’s exports as 93% of its coal reserves are below top quality", he said.
Lazaridis added that "Australia, the world’s second largest exporter of coal, has also ramped up investment in its coal mining, with several new mining projects underway. The level of investment that has gone into most of these projects shows the high level of commitment that many have in this sector and the promise it holds for further future growth despite the increased competition from alternative sources for power generation such as natural gas.
Japan’s coal imports are set to hit another record this year as most of its major power generation companies are making an effort to curb increased costs through cheaper fuel. Similarly many are expecting Chinese demand to increase from 500 million to 1 billion metric tons by 2030, while this enormous figure doesn’t even take into account any demand increase from other fast paced development countries such as India. It makes you wonder where this kind of growth will be supplied from. At the moment, as it stands, Indonesia, Australia, Russia and the U.S. are the only suppliers capable of producing more than 100 million tons of exports and the only likely candidates to be able to cover this need through their reserves" he stated.
According to Intemodal's analyst, "as it’s of little use to talk about that far ahead and turning our attention once more to the current state of things, it looks as though Panamaxes may well have a better year than was originally expected. There stil an orderbook of 408 vessels (roughly around 22% of the fleet) with 264 of these scheduled for delivery within 2013, nevertheless being a prime mover of coal within the Pacific and as long as the grain harvest in the U.S. and Russia turn out to be significantly better than what was seen in 2012, we may well see more promising rates within 2013", he concluded his monthly statement.
Source: Nikos Roussanoglou, Hellenic Shipping News
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Tuesday, 09 July 13
NEWCASTLE COAL EXPORTS JUMP 27.53% ON WEEK TO 2.97 MILLION MT
COALspot.com - Newcastle Coal exports up 27.53% to 2.97 million tons W-o-W.
Newcastle port in Australia has loaded 2,974,715 tons of coal for the ...
Tuesday, 09 July 13
CAPESIZE: SHOT UP; PANAMAXES: NOT SO LUCK; SUPRAS: SLIGHTLY BETTER; HANDIES: SOFT - INTERMODAL
COALspot.com : June 2013 Recap
A renewed Capesize market this month (June 2013) was the cause for much of the overall noteworthy performanc ...
Tuesday, 09 July 13
THE 11TH DEEP COAL PROCESSING FORUM 2013
Press Release : The 11th Deep Coal Processing Forum 2013 will be held in November Beijing China.
CDMC Events is pleased to announce that 11 ...
Monday, 08 July 13
ECO-FRIENDLY COAL FOR CHINA - VALUE FOR THE ENVIRONMENT AND VALUE FOR THE POWER GENERATOR - BY: LINDSAY JUNIPER
COALspot.com : January 2013 saw an episode of extreme particulate pollution in Beijing 35 times worse than the safe level recommended by the World H ...
Sunday, 07 July 13
FREIGHT MARKET IS EXPECTED TO BE SOFT TO STABLE NEXT WEEK- VISTAAR
COALspot.com - The freight market softened for the week ended 5 July 2013, and experienced a decline in all sectors, including BDI. Bulk dry Index d ...
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- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- The University of Queensland
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
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