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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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Thursday, 17 June 10
COAL EXPLORATION & DEVELOPMENTS HOTPOTS CONFERENCE
Press Release: The Coal Exploration and Developments Hotspots conference will bring together a panel of more than 20 of the world’s lead ...
Thursday, 17 June 10
AUSTRALIA'S LEIGHTON WINS $1.3 BILLION OF NEW WORK - THE JAKARTA POST
Australian construction and contract mining group Leighton Holdings Ltd. said Thursday it has won 1.5 billion Australian dollars ($1.3 billion) of n ...
Wednesday, 16 June 10
INDONESIAS STATE OWNED ELECTRICITY COMPANY WILL CONSUME 95.30 MILLION TONS OF COAL IN 2014
COALspot.com: Indonesia's state owned electricity company forecasted its coal requirement in 2014 would be around 95 million tons.  ...
Wednesday, 16 June 10
MADHYA PRADESH GOVT IMPORT 50K METRIC TONNES OF COAL FROM INDONESIA - DNA INDIA
DNA India reported that, the Madhya Pradesh government has imported 50,000 metric tonnes of coal from Indonesia to deal with its shortage which is a ...
Tuesday, 15 June 10
INDONESIA'S COAL EXPORTS FELL TO 18.52 - MILLION TONS IN MAY
COALspot.com: Indonesia, the world largest coal exporter, shipped 18,529,695 of coal in May 2010. May coal exports dropped by 20.61 percent co ...
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- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
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