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Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analysts' forecasts of JPMorgan Chase & Co.
The experts predict a 10% growth in average dry bulker’s charter costs thanks to increased demand for ships in China, which is likely to increase its iron ore and coal imports. Capesizes charter price used for transporting iron ore and coal might reach $32.000 a day from $28.000 forecasted earlier.
Panamax ships charter may possibly grow $16.000 a day, against recent $14.000. Freight cost of a Supramax vessel was corrected from $13.000 to $14.000 a day. The average forecast of Handymax charter cost changed slightly - to $12.000 from $ 11.500 per day.
“Increase in imports of iron ore may follow the Chinese New Year celebration (February 14), as the steel companies there will begin to replenish stocks. Coal imports will also remain high, because of unfavorable weather", JPMorgan analyst Jonathan Chapel said.
Source: PortNews / Hellenic Shipping News
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Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...
Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...
Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...
Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...
Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...
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- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- MS Steel International - UAE
- The University of Queensland
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
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