We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
 A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day however, and average rates this year are still higher than in 2005 and 2006. Continued strength in coal demand is underpinning this market. This week Deutsche Bank predicted thermal coal would be the next booming cargo for Australia. Simultaneously Russia reported a tenfold growth in coal exports to China in 1Q 2010. Tight coal markets may be further affected by conditions in Indonesia where a combination of growing domestic demand and new environmental limitations could curb exports. According to a government spokesman, domestic coal demand could double in the next five years as the country adds new powergenerating capacity.
Supramax/Handy
The market softened at a steady pace in both basins, although Handies in South East Asia and the Far East showed more resistance. There were fewer and fewer requirements coming out of ECSA for the larger stems. Supramax units open South Africa managed to get close to midUS$30,000s from West Africa to the Far East via Brazil, and about US$26-27,000 for trip ending Continent/Med via ECSA. Handymaxes got in the low/very low US$20,000s for South Africa to Continent direct. Large units open USG took also a hit, which deteriorated after force majeure was declared at Jose terminal due to a belt breakdown. Nevertheless, tct from USG to Continent/Med paid in excess of US$50,000 at the start of the week and then below US$50,000 end of the week. The transatlantic rv was in the low/mid US$30,000s for Supras. In the Continent and Med, some Handymax scrap cargoes were fixed from ARA to east Med in the mid US$30,000s on time charter equivalent. In the Pacific, India rates kept softening and iron ore stems paid in the low US$20,000s from WCI to China. Indo to India paid in the mid US$20,000s for Supras while the Pacific rv was in the low US$20,000s. There was little to report on the period front, but for deliveries in the east levels were in the mid US$20,000s for up to 6 months on Supras, and low US$30,000s for 4/6 months for Supras in the Atlantic.
Panamax
The Panamax market maintained a downward trend in both basins, falling at a steady pace. The Transatlantic rv lost US$3,500 to close the week at about US$37,000/day delivery Gibraltar redelivery Cont, and the NOPAC rv lost over US$3,000, closing the week at about US$26,500/day. The main reason was the lack of activity in the USG/USEC and a quiet ECSA market which took advantage of an oversupply of ships in SE Asia and India with Tess 74 getting fixed at below US$30,000/day delivery Singapore for trip via ECSA with redelivery PG/Japan range. Period activity was quiet this week with very few fixtures reported. Tess 74 were fixed for short period delivery Atlantic at around US$37,500/day redelivery Atlantic, and US$27,000/day delivery North China redelivery worldwide . Both basins were down US$5,000 from 2/3 weeks ago.
Capesize
There was a strong start to the week for the Capes with some of the previous week’s gains in the Atlantic transferring over to the Pacific. At its peak, Australia – China was being done at over US$14. Conditions were still relatively tight in the Atlantic and the 4TC finished the week above US$55,000/day. However rates were falling by the end of the week and overall the BCI finished down 2%. There were more signs of a softening on Monday with a drop of over 200 points, while period interest was scarce, with the paper market trading at a significant discount to the physical.
Source: BRS Dry Bulk
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...
Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...
Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India invited from reputed parties meeting the pre qualifications stipulated for the import ...
Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...
Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...
|
|
|
Showing 5806 to 5810 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- White Energy Company Limited
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
|
| |
| |
|
