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Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdown have seen charter rates for large dry bulk ships go into freefall as iron ore cargoes evaporated Shipbrokers said a dearth of coal cargoes and an oversupply of large ships had also contributed to the slump in rental prices.
Charter rates for large dry bulk capesize vessels of around 180,000 deadweight tonnes are down to their lowest level for 14 months. The crash has been so swift that shipowners and operators have lost around USD 270,000 in revenue in the past week on a voyage from Australia to China and more than USD 800,000 on a Brazil to China voyage.
Shipowners would generate revenue of about USD 1.17 million from an Australia-China voyage based on the prevailing rate recently compared with USD 1.44 million last Thursday.
Shipbrokers said rates for a large capesize vessel were on a par with those for a handysize ship that had a cargo carrying capacity that was almost six times smaller. Observers thought the slump would continue until at least the end of August.
Shipbrokers said mainland iron ore traders had been largely absent from the chartering market for large vessels for the past two months. This became apparent after preliminary customs figures showed the mainland imported 47.17 million tonnes of iron ore in June, down 9.1% from the 51.9 million tonnes in May and down 15%YoY. The May import figure was also down by 6pct MoM.
Customs said the mainland brought in 309.3 million tonnes of iron ore in the first six months of 2010 up by 4.1%YoY.
Source: CargoNewsAsia / Hellenic Shipping
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Monday, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...
Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. T ...
Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...
Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...
Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...
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Showing 5701 to 5705 news of total 6871 |
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- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Planning Commission, India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Parliament of New Zealand
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
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