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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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Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...
Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
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- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
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- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
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- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
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- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- The University of Queensland
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Deloitte Consulting - India
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Pendopo Energi Batubara - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
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