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Saturday, 30 August 14
INDIAN GOVERNMENT SHOULD TAKE NOTICE: THERMAL COAL IMPORT PRICES EXTREMELY LOW - COMMODORE RESEARCH
COALspot.com: Both Indonesian and Australian thermal coal prices are at the lowest levels seen this decade, with Indonesia's monthly benchmark thermal coal price last marked at approximately $70/ton and Australian thermal coal currently selling for approximately $69.50/ton, said Commodore Research & Consultancy in its latest analysis report. These are the lowest levels seen this decade. In addition, the average daily price to charter a panamax vessel now stands at $6,941/day, which is only slightly higher than operating costs.
According to Jeffrey Landsberg, Managing Director of Commodore Research, Indian power plant coal stockpiles have now fallen below 9 million tons, which is a critically low level that is the lowest amount seen in twenty-three months and India is in dire and immediate need of more thermal coal. Commodore Research further noted that, at the same time, Indian electricity demand continues to surge and growth in hydropower production remains much lower than seen in previous years, as India has experienced a much weaker than normal monsoon season this year.
Commodore Research is in view that, there is one favorable element on the side of the Indian government however. Thermal coal import prices are at the lowest level seen this decade and panamax shipping costs are also still low. The time for India to take advantage of low thermal coal import prices (and currently low panamax shipping rates) is now. While India's government has had to contend with critically low power plant coal stockpiles, the nation is very fortunate that both thermal coal import prices and panamax shipping rates are low.
India's citizens should not be left without power. Fortunately for the nation, India's domestic coal supply shortage is coinciding with an environment that is extremely advantageous for thermal coal imports.
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Thursday, 21 August 14
PREDICTIONS FROM VARIOUS SHIPPERS AND MINING INDUSTRY FOR 2ND HALF YEAR AND ESPECIALLY Q4 IS POSITIVE
Handy
The activity has increased in both hemispheres this week and we see rates edging up on all trades. TA´s are now paying around 8k whic ...
Thursday, 21 August 14
SHIP OWNERS KEEP SHYING AWAY FOR NEW SHIP INVESTMENTS, OVERALL TREND IS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have remained in the sidelines of the Sale & Purchasing market for second hand vessels, during most of August, while they also slow ...
Wednesday, 20 August 14
DRY BULK MARKET TO REBOUND IN THE FOURTH QUARTER, OR NOT....- NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The projected rebound of the dry bulk market is still an elusive trend and shipbrokers and analysts are looking to identify the timing of the loomi ...
Monday, 18 August 14
CAPESIZE RATES TO RISE TO MUCH HIGHER LEVELS THIS YEAR - JEFFREY LANDSBERG
COALspot.com: Capesize rates ended last week at $15,561/day, which marked a week-on-week increase of $6,167 (66%). Capesize rates have been a ...
Monday, 18 August 14
SUB-BIT FOB INDONESIA COAL SWAP CLOSED AT $58.60 FOR SEPTEMBER 2015; UP $4 FROM SEPTEMBER 2014 CLOSING
COALspot.com: Indonesian coal swaps for average September 2014 decreased US$ 0.15 (-0.27%) day on day and US$ 0.75 (-1.36%) per mt week on week. Th ...
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- Australian Coal Association
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- The University of Queensland
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
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