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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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Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 ...
Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index) breaking yet another 2011 high yesterday and ending the se ...
Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a m ...
Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk, formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...
Monday, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
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- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Planning Commission, India
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- MS Steel International - UAE
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
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