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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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Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...
Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and bus ...
Friday, 08 October 21
SEPTEMBER CRUDE OIL TANKER DEMOLISHING HITS 39-MONTHS HIGH AT 1.9M DWT - PETER SAND
Has the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answ ...
Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
Steel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry e ...
Wednesday, 06 October 21
INDONESIA COAL PRICE REFERENCE: ANOTHER MONTH, ANOTHER RALLY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second and third quarters of 2021 as it reached a pinnacle of $161.63 Oc ...
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- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Economic Council, Georgia
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Planning Commission, India
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Aditya Birla Group - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
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