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Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. That’s what the latest Hellenic Shipping News Poll indicates, since according to 186 of the 509 of the readers who voted, said that the most popular ship types will prove to be those in the range of between 35,000 and 60,000 tons dwt.
This represents the 36.5% of the votes. Similarly, the second most wanted ship types will be those in the range of 15,000 – 35,000 tons dwt. They were voted by 99 readers or 19.4% of the total votes. As a results ships with a carrying capacity from 15,000 dwt and up to 60,000 dwt were the preferred ones for almost 56% of all those who took part in the poll.
On the contrary, the capesize type, regarded as a reference point for the dry bulk industry didn’t fare that well, with only 15.1% share of votes, or 77 out of 509. Also, panamaxes took 19.3% of the votes or 98 in total. It seems that the market’s future in 2009, one of the most challenging years ever for the industry, is expected to lie within the handysize/handymax, as well as the supramax segments. During June, a similar poll, organized by Hellenic Shipping News, had raised the question of which cargo trading route would prove to be the most profitable in the coming months.
The results were overwhelming towards the Far East trades, which were voted by an impressive 57.7% of readers, or 305 out of the 529 who took part in the poll in total. In second place came the route of East Coast South America (ECSA). But the difference was more than vast, since this particular dry cargo route attracted 9.1% of votes or 48 in total. Third place was occupied by United States Gulf (USGF), with 41 votes or 7.8 percent of the whole. East Med (EMED) and American Pacific (AMAG) followed with only a vote between them, while Red Sea-Persian Gulf was next with 4%. It tied with the West Africa (WAFR) route which also attracted 4% of votes. As for this month’s (August) poll, which you are all welcome to join, it poses another interesting question: What percentage of the current dry bulk fleet still needs to be scrapped in order for the freight market to recover to higher levels, taking into account the global orderbook? As usual, we have provided you with a range of choices.
The issue of phasing out older tonnage is more than important in today’s market conditions and with the expected pick up in new building deliveries during the second half of the year. This could bring the Baltic Dry Index to lower levels and hinder the industry’s recovery. Every vote is enough to make a difference with the results being announced in early September.
Source: Nikos Roussanoglou, Hellenic Shipping News Worldwide, Macor Shipping
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Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...
Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...
Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...
Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes
* S.Korea imports zero
* Hong Kong utilites buy S.African coal
South African coal exports to Asia excluding India a ...
Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...
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- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
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