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Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the ships rose 0.2 percent to $30,975, for a 4.4 percent gain in three days, according to the Baltic Exchange in London. Seven capesizes were booked today for spot, or single-voyage, loadings, up from one on Oct. 19, Omar Nokta, a New York-based analyst at investment bank Dahlman Rose & Co., wrote in an e-mailed report today.
“World iron-ore exports are set to record a new all-time high in the fourth-quarter 2011,” SSY Consultancy & Research said in an e-mailed report today. The company is part of Simpson, Spence & Young Ltd., the world’s second-largest shipbroker.
Capesize rates more than tripled since Aug. 1. Four ships were booked to haul iron ore today on the Western Australia-to- China iron-ore route, Nokta said. China produced 47 percent of the world’s crude steel in August, according to World Steel Association figures.
Fourth-quarter forward freight agreements decreased 2.2 percent to $26,125 a day, according to data from Clarkson Plc, the world’s largest shipbroker. Traders use FFAs to bet on or hedge future shipping costs.
Capesizes are the biggest vessels tracked by the Baltic Dry Index, a broader gauge of commodity-shipping rates, which declined 0.4 percent to 2,153 points. It’s up 21 percent this year while capesizes climbed 55 percent.
Daily rents for panamax ships, the largest that can navigate the Panama Canal, decreased 1.6 percent to $16,215. That’s up 10 percent this year. Supramaxes declined 0.3 percent to $16,804. Handysize ships, the smallest tracked by the index, decreased 0.2 percent to $11,901.
Source: Rob Sheridan, Alaric Nightingale, Bloomberg, Hellenic Shipping
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Friday, 28 October 11
RISING COAL PRICES TO WORSEN CHINA'S WINTER POWER CRUNCH - CRI ENGLISH
CRI English reported that, the rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said.
The ...
Thursday, 27 October 11
CAPESIZE REACHING NEW HIGHS - FEARNLEYS
Handy
Pacific market has mixed sentiments with tonnages fixed at firm levels and some tonnages in feast failing on subs.For indo-india, large eco ...
Thursday, 27 October 11
DRY BULK MARKET EDGES DOWN AS CHINAS IRON ORE DEMAND LOSES GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A plunge in Chinese iron ore demand, as a result of high steel inventories and a bleak outlook regarding steel prices, has prompted the dry bulk mar ...
Thursday, 27 October 11
BUKIT ASAM 3Q PROFIT SURGES 66.91%
Insider Stories reported that, the state-controlled coal miner PT Bukit Asam Tbk (PTBA) experienced a 66.91% increase in its net profit during a per ...
Wednesday, 26 October 11
MOODYS SEES MORE GROWTH FOR INDONESIAN COAL MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal mining industry looks set to grow despite an uncertain global economic outlook, according to ...
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- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- White Energy Company Limited
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
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