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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, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...
Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...
Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...
Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...
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 h ...
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Showing 5786 to 5790 news of total 6871 |
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- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- GMR Energy Limited - India
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Independent Power Producers Association of India
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
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