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Wednesday, 26 March 14
LARGE AMOUNT OF VESSELS CHARTERED TO HAUL IRON ORE CARGOES TO CHINESE BUYERS THIS WEEK - COMMODORE RESEARCH & CONSULTANCY
COALspot.com: Through the first three days of this week, 18 dry bulk vessels have been chartered to haul spot iron ore cargoes to Chinese buyers. According to Commodore Research & Consultancy, this is a very firm amount, and puts the week on pace to see a total of 30 dry bulk vessels chartered to haul spot iron ore cargoes to Chinese buyers (the vast majority of the cargoes are chartered on capesize vessels, with all but of 1 of this week's cargoes to be hauled on capesizes).
Commodore Research further said, last week, saw a very healthy 27 dry bulk vessels chartered to haul iron ore cargoes to Chinese buyers and marked the seventh straight week were at least 20 dry bulk vessels have been chartered to haul iron ore cargoes to Chinese buyers.
China continues to show that its demand for high quality iron ore imports (that are at relatively cheap prices) is strong. Traders continue to report that Chinese steel mills have been increasing their usage of imported iron ore and are using less domestic iron ore, and dry bulk shipping activity is also showing this, Commodore Research & Consultancy said in its latest research report.
Smog and pollution remain a concern in China, and mills consuming a larger proportion of imported iron ore over domestic iron ore is likely set to continue as imports are of much higher quality and pollute China’s skies much less than domestic iron ore. Chinese iron ore averages only about 15 to 20% in iron content, while imported iron ore typically exceeds 50% in iron content and is much less harmful to the environment.
Chinese iron ore import growth is likely set to stay well above Chinese domestic iron ore production growth this year. Low prices make iron ore imports even more attractive to Chinese buyers and using more imported iron ore remains in the best interest of China's environment Commodore Research & Consultancy concluded in it is report.
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Sunday, 23 March 14
THE COAL FREIGHT RATES SEEN SLIGHTLY FIRMING UP THIS WEEK - REDDY
COALspot.com: The freight market firmed up this week. BDI was up 8.26 pct week on week and index was closed at 1599 points. The Cape index was u ...
Saturday, 22 March 14
SHIP OWNERS INVEST $15 BILLION FOR NEWBUILDINGS AND SECONDHAND VESSELS DURING FEBRUARY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have kept on their aggressive stance in the investment scene both for newbuildings, as well as for secondhand vessels globally durin ...
Friday, 21 March 14
DRY BULK MARKET STAYS ON RECOVERY MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has reached new year heighs, as a result of renewed Capesize demand. The Baltic Dry Index (BDI) ended yesterday's sessio ...
Friday, 21 March 14
US COAL PRODUCTION UP 1.5%; WEST MISSISSIPPI COAL PRODUCTION DOWN 1.85% WEEK ON WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...
Friday, 21 March 14
MERCURIA ANNOUNCES ACQUISITION OF J.P. MORGAN PHYSICAL COMMODITIES BUSINESS
COALspot.com: Mercuria Energy Group announced that it has reached a definitive agreement with J.P. Morgan Chase & Co. to acquire its physica ...
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- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- White Energy Company Limited
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
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