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Tuesday, 02 June 20
INDONESIAN COAL MINER BUMI RESOURCES Q1 OUTPUT UP 5% - REUTERS
ReutersIndonesia’s largest coal miner Bumi Resources posted a 5% increase in first-quarter output at 20.8 million tonnes, the company said in a statement issued at the weekend.
 
Bumi sold 21.5 million tonnes of coal in January-March, up 3% from the same period last year, it said in the statement.
 
The company’s average selling price however fell 6% to $49 per tonne, due to the “coronavirus (outbreak) and lockdown in many countries which affect coal demand,” according to the statement.
 
Bumi’s inventory stood at 2.3 million tonnes at the end of the first quarter, versus 4.1 million tonnes a year earlier.
 
The company has estimated 2020 coal output at 85 million to 90 million tonnes
Source: Reuters (Reporting by Fransiska Nangoy)


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Thursday, 10 September 20
DRY BULK SHIPPING: CHINA'S DEMAND KEEPING THE DRY BULK MARKET GOING - PETER SAND | BIMCO
Overview An impressive recovery in Chinese dry bulk imports has protected the industry from the effects of falling demand in the rest of the wo ...


Thursday, 10 September 20
TANKER SHIPPING: FREIGHT RATES BACK AT LOSS-MAKING LEVELS AFTER 12 VERY PROFITABLE MONTHS - BIMCO
Overview A stunningly strong 12 months for the tanker shipping industry is now being replaced by lower freight rates, as lower oil product ...


Thursday, 10 September 20
INDIA'S COAL IMPORTS STUMBLE IN AUGUST, RAISING RISK OF SLOW RECOVERY - REFINITIV | BANCHERO COSTA
After posting a mild recovery in July, India's coal imports have stumbled in August as the South Asian nation battles to  restart  it ...


Thursday, 10 September 20
THE FIRST 8 MONTHS OF 2020, INDONESIA EXPORTED 217.4 MLN TONNES OF COAL BASED ON REFINITIV - BANCHERO COSTA
The coal market has been hit by a weaker global economy as a result of COVID-19 pandemic and falling industrial  electricity  demand  ...


Wednesday, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the g ...


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