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Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rates across vessel segments.
The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 150 points, or 3.4%, to 4,560, its highest since November 2009.
Strong iron ore and coal trades are driving dry bulk rates higher, brokerage Jefferies said in a note.
“Congestion and other inefficiencies related to COVID-19 and geopolitical tensions are benefiting the dry bulk market by removing effective fleet supply,” it said.
The capesize index increased by 415 points, or 6.1%, to 7,200, hitting its highest in 12 years.
Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, rose by $3,446 to $59,715.
Increasing iron ore production and exports from Brazil and Australia, as well as coal demand from India and China to replenish stocks ahead of a colder winter, has aided the rise in the capesize segment, Jefferies said.
Iron ore futures in Asia rebounded on Wednesday, although doubts lingered whether gains could be sustained given the collapse in China’s demand and improving supply prospects.
The panamax index rose 31 points, or 0.8%, to 3,961, its highest in more than ten weeks.
Average daily earnings for panamaxes, which ferry 60,000-70,000 tonne coal or grain cargoes, increased by $274 to $35,647.
Among smaller vessels, the supramax index rose for a sixth straight session, adding 11 points to 3,338, its highest in over two weeks.
Source: Reuters
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Sunday, 11 July 21
ROBUST CHINA COAL DEMAND AMID AUSTRALIA IMPORT BAN FUELS PRICE RALLY - REUTERS
Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and liquefied natural gas (LNG) ...
Saturday, 10 July 21
OVERESTIMATED LCOES OF COAL-FIRED POWER PLANTS CREATE A FINANCIAL BUBBLE - IEEFA
Massive stranded asset risk detrimentally affects the financial and power distribution
India’s future coal-fired power project pipeline ...
Friday, 09 July 21
EIA FORECASTS COAL’S GENERATION SHARE IN U.S TO RISE FROM 20% IN 2020 TO 24% THIS YEAR BUT TO FALL TO 22% NEXT YEAR
The July Short-Term Energy Outlook (STEO) of EIA remains subject to heightened levels of uncertainty related to the ongoing economic recovery from ...
Friday, 09 July 21
KOREA SOUTH-EAST POWER CO., LTD. INVITES BIDS FOR 1.86 MILLION TONS OF COAL OF 5600 & 4000 NCV COAL FOR THREE YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 280,000 – 300,000 MT of Min. ...
Friday, 09 July 21
CAN WE EXPECT AFFORDABLE POWER SUPPLY BY REPLACING COAL BASED POWER WITH LNG? - FINANCIAL EXPRESS
Bangladesh government’s recent decision to cancel the contracts for 10 coal fired power plants in late June 2021 has invited interest in the ...
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- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- ASAPP Information Group - India
- The University of Queensland
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
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