We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 20 July 09
INDONESIA PRODUCES 72 MILLION MT IN FIRST HALF OF YEAR: OFFICIAL
Indonesia produced 72 million mt of coal in the first half of 2009, or 31.3% of the government’s target this year, a senior government officia ...
Sunday, 19 July 09
JINDAL S&P IN TALKS TO BUY SA COAL MINE FOR RS 350-400 CR (US$ 80 - 90 MILLION)
Economic Times reported that, Naveen Jindal-led Jindal Steel & Power (JSPL) is acquiring a thermal coal mine in South Africa, a top company exec ...
Saturday, 18 July 09
REN POWER CZ COMMISSIONS ANOTHER PHOTOVOLTAIC POWER STATION
COALspot.com (Press Release): REN Power CZ, a company in the Czech Coal Group, has put into operation another photovoltaic power station. The plant ...
Saturday, 18 July 09
THE FUTURE FOR SUPRAMAX FOR NEXT 3 YEARS TILL 2012 WOULD BE AROUND US$ 13,500 PER DAY - CAPT. REDDY
COALspot.com ( Singapore): The market moved up sharply this week , which was quite unexpected.
The BDI was up by 557 which is an increase of 18 ...
Friday, 17 July 09
CHINA COAL-SPOT PRICES EDGE LOWER, SUPPLY APLENTY
China Mining reported that, spot prices in China's top coal shipping port Qinhuangdao edged lower from a week earlier, as supply grew, offsetting t ...
|
|
|
Showing 6586 to 6590 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- PTC India Limited - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Minerals Council of Australia
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
|
| |
| |
|