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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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Wednesday, 30 July 14
CAPES SEEMED TO BE STRANDED AT THE SAME LEVELS; PANAMAXES MANAGED TO SLIGHTLY REVIVE - INTERMODAL
COALspot.com: The Dry Bulk market took a breath this past week, as both Panamaxes and Supras started to see a small influx of activity, which was j ...
Tuesday, 29 July 14
TOTAL SELLS ITS SOUTH AFRICAN COAL MINING ASSETS TO EXXARO
Total has signed an agreement with Exxaro Resources Ltd for the sale of its 100% stake in Total Coal South Africa (TCSA), its coal-producing affili ...
Tuesday, 29 July 14
GENCO: DRY BULK SHIPPING VALUATIONS NO LONGER ANCHORED TO DISCOUNTED CASH FLOW METHOD - WEIL
KNOWLEDGE TO ELEVATE
Discounted cash flow analysis is a mainstay among the valuation methodologies used by restructuring professionals and bank ...
Tuesday, 29 July 14
SHIP OWNERS' DEMAND OF NEW VESSELS DENTED AS A RESULT OF LOWER FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The sharp downward direction of dry bulk freight rates has had a negative impact on investors’ secondhand buying appetite that wait to see th ...
Monday, 28 July 14
Q3' 14, SUB-BIT FOB INDONESIA COAL SWAP GAINED $ 0.08 DAY ON DAY AND $ 0.68 WEEK ON WEEK
COALspot.com: Indonesian coal swaps for average Q3’ 2014 increased by just US$ 0.08 day on day and US$ 0.68 week on week. The swap was lost U ...
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- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- The University of Queensland
- VISA Power Limited - India
- Australian Coal Association
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
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