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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, 01 September 21
KOMIPO TO BUY 1.56 MILLION TONS OF 5600 NAR COAL OF AUSTRALIA OR SOUTH AFRICAN ORIGIN FOR 2022 - 2024
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Wednesday, 01 September 21
MARKET INSIGHT - INTERMODAL
As the summer season is coming to an end, the dry bulk market continues to rally. The confidence that the outstanding freight market performance ha ...
Monday, 30 August 21
68% OF U.S. COAL FLEET RETIREMENTS SINCE 2011 WERE PLANTS FUELED BY BITUMINOUS COAL - EIA
In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the d ...
Friday, 27 August 21
ALL YOU NEED TO KNOW ABOUT COAL'S MASSIVE RALLY AND NEAR-TERM OUTLOOK - CNBCTV18
Australia’s thermal coal at Newcastle Port, the benchmark for the vast Asian market, has surged over 100 percent this year to trade above $16 ...
Friday, 27 August 21
THE ECONOMICS OF INDONESIA’S DIESEL POWER PLANT TO GAS CONVERSION PLAN ARE PROBLEMATIC - IEEFA
Deploying new small-scale LNG is an uphill battle for PGN
Indonesian gas is currently in a precarious position, where the government needs to ...
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- Parliament of New Zealand
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Marubeni Corporation - India
- MS Steel International - UAE
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
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