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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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Friday, 21 February 14
INDONESIA PLAN TO CAP COAL OUTPUT AND HIKE ROYALTY; START MUSIC
COALspot.com: Energy and Mineral Resources Ministy of Indonesia is planning to increase the royalty for coal miners particularly for Mining Business ...
Friday, 21 February 14
THE WORLD'S SECOND LARGEST COAL MINER MINED 19.2 MMST OF COAL IN A WEEK, EIA SAYS
COALspot.com – United States the world’s second largest coal producer, mined approximately 19.2 million short tons (mmst) of coal in a w ...
Friday, 21 February 14
DRY BULK MARKET SHOWS SIGNS OF LIFE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has slowly started to emerge from the downfall it's been since the start of the year, as rates have began to pick up over the c ...
Friday, 21 February 14
INDONESIA COAL OUTPUT CAP TO HURT MINERS RELIANT ON VOLUME GROWTH, FITCH SAYS
Fitch Ratings says that the credit profiles of mining sub-contractors and miners highly reliant on increasing volumes to support high debt servicing w ...
Thursday, 20 February 14
LENGTHY DELAYS TO PANAMA CANAL EXPANSION POSE GLOBAL TRADE RISKS; US COAL PRODUCERS TO GREATLY BENEFIT ONCE COMPLETE, SAYS WOOD MACKENZIE
Wood Mackenzie expects the recent cost overrun disputes around the Panama Canal expansion to be resolved with limited disruption due to the signific ...
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- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Planning Commission, India
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- The University of Queensland
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
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