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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 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese ne ...
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- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
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- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
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- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
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- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
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- Samtan Co., Ltd - South Korea
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- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Australian Coal Association
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
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- Therma Luzon, Inc, Philippines
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- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
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- TeaM Sual Corporation - Philippines
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- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
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- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- The University of Queensland
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
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- Indonesian Coal Mining Association
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- Planning Commission, India
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- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
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- Meralco Power Generation, Philippines
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- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- VISA Power Limited - India
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- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
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- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
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- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
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- Coal and Oil Company - UAE
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- Romanian Commodities Exchange
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