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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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Wednesday, 22 September 21
MARKET INSIGHT - INTERMODAL
The unfolding last week of a trilateral defence pact between the United States, Australia, the United Kingdom (AUKUS) envisages a wide range of col ...
Tuesday, 21 September 21
CHINESE COAL IMPORTS FROM AUSTRALIA DROP 98.6% AS RESTRICTIONS BITE - BIMCO
In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian c ...
Tuesday, 21 September 21
CHINA'S COAL OUTPUT RESUMES GROWTH IN AUGUST - XINHUA
China’s raw coal output rose 0.8 percent year on year to 340 million tonnes last month, official data showed.
The growth rate ...
Wednesday, 15 September 21
MARKET INSIGHT - INTERMODAL
Following the oil price sell off during most of August, partly triggered by oil demand fears amid the delta COVID variant, oil prices have resumed ...
Saturday, 11 September 21
CIL STEPS UP SUPPLY COAL TO POWER SECTOR; PER-DAY AVERAGE 20 PC HIGHER THAN LAST YEAR - PTI
State-owned CIL on Friday said it has stepped up the supply of coal to the power sector in the first eight days of the current month, with an avera ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- MS Steel International - UAE
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Australian Coal Association
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
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