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Wednesday, 21 July 10
FEWER SHIPS SOLD FOR SCRAP IN JUNE, ADDING PRESSURE TO FREIGHT RATES
The easing of vessel tonnage supply should be among the main concerns among ship owners, especially those active in dry bulk shipping. The reason is pretty obvious; any additional supply is hurting the market’s chance of a recovery in rates, with the dry bulk industry’s main benchmark, the Baltic Dry Index (BDI) having nosedived for 35 straight session, losing more than 55% of its value back in late May.
As a result, some owners have even pulled out some of their vessels from the market. With June proving to be a rather challenging month in terms of vessel earnings, older carriers could have been led to scrapyards for sale, given the higher offers their owners could receive. Still, as the latest monthly demolition report from shipbrokers Golden Destiny indicates, last month saw the sale for scrap of 79 vessels with a total deadweight of 1,605,994 tons, a negative monthly change of 22.5%. Market analysts who spoke to Hellenic Shipping News Worldwide earlier said that one reason for that, was that older dry bulk vessels, could still earn good profit in the spot market, holding their rates better than their modern counterparts.
Source: Nikos Roussanoglou, Hellenic Shipping
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Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
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- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- The University of Queensland
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Planning Commission, India
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Australian Coal Association
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
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