We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 05 July 12
DRY BULK MARKET MOVES FURTHER UP THE HILL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
 The dry bulk market has kept its growth momentum by the middle of the week, as the BDI (Baltic Dry Index) rose by an additional 40 points to 1,103 points yesterday, as a result of stronger demand for Capesizes, ships of up to 180,000-200,000 tons used to haul cargoes like iron ore and coal. The respective BCI (Baltic Capesize Index) was up by 79 points to 1,369, while almost all ship types were higher on Wednesday. It was just the Handysize market which was practically unchanged to 716 points.
In its latest weekly report, shipbroke Fearneys commented on the Capesize market by stating that “the Cape market has been slowly but surely coming back over the past week with C4TC pushing up by USD 2k on the spot level and USD 1k on mtd. With a slow end to the week and start to this one the Atlantic basin has finally got a more positive feel with some positional tightness and very few ballasters arriving in the next few weeks, C3 levels are again back over the USD 18 level. The Pacific has also shown upwards momentum with C5 back over the USD 7 level, a relief to owners that it is clawing back from the mid USD 6 level it has been down too in the past couple of weeks, this is due to more activity from the major miners on this route. There has been a little period activity seen as the market ticks up, around the USD 10k-11k level seems about the current level” it noted.
On the Panamax front, Fearnleys noted that “stimulated by a steady flow of fresh spot requirements, predominantly in the Atlantic, the market has firmed up to higher levels at higher volumes. In the western hemisphere a tighter tendency pushes rates closer to 10k for T/A rounds and upper teens for fronthaul as most owners hesitate to go east. The sentiment remains positive in the Pacific with rates climbing to 8k for NOPAC and 10k for ECSA rounds bss Singapore delivery. Assisted by the optimism takers are looking for efficient tonnage for period at around 8k for short period and upper 9´s for about 1-year period. The forward curve is not moving considerably as long term demand vs. supply fundamentals remains gloomy” it noted.
Finally, on the Handy front, the report mentioned that the “Supra market in the Atlantic climbed slowly during the last week, with fresh cargoes entering the market. Cont/US Gulf fixed tick above USD 5k/day, while US Gulf/Cont concluded close to USD 27k/day. Fronthauls ex Cont were paid around USD 23600, while tonnage ex Canakkale fixed around USD 24500. The Pacific market has seen increased activity and rates are getting firm on Indo and Nopac rounds. For Indo-India, large eco Supra now fixed at USD 8k basis North China dely. Some owners also asking for mid-teens for SE Asia dely. Nopac also fixed at USD 9k basis Japan. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 8k and ECI-China around USD 5k. RBCT rv fixed at APS USD 10k + BB USD 360k. Red Sea fertilisers to India are fixed high teens. Not much activity seen on short period and rates around USD 10,500 for large Supra” Fearnleys concluded.
In an update on the market, Commodore Research & Consultancy mentioned that “in June, various parts of southern China (which is where the majority of China’s hydropower is produced) received more than double the amount of rain that historically occurs every June. A large part of southern China normally receives 200 to 250 millimeters of rain every June. This past June, however, several parts of southern China received 400 to 500mm of rain.
Chinese hydropower production has been able to continue to surge as a result of the heavy rainfall. Most recently, Tropical Storm Doksuri made landfall on Saturday and helped pushed month-end rainfall totals over 400mm in many areas. *The surge in hydropower production will continue to put pressure on Chinese thermal coal demand*. Southern China has largely recovered from drought, and we believe hydropower production stands a good chance of setting a record in July or August” it noted.
Source: Nikos Roussanoglou, Hellenic Shipping
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 07 August 12
2ND ANNUAL FLOATING TERMINALS
Press Release - After a ground breaking and successful launch in 2011, the 2nd Annual Floating Terminals conferenceis back to address innovation, co ...
Tuesday, 07 August 12
KRISHNAPATNAM PORT HAS DISCHARGED 122,247 MTS OF COAL IN JUST 24 HRS
COALspot.com - Keeping with the tradition of the new records that are set at the Olympic Games 2012, Krishnapatnam Port has also achieved in setting ...
Tuesday, 07 August 12
THE JAKARTA POST EDITORIAL: REVISITING THE MINING LAW
The Jakarta post, one of the leading English news paper in Indonesia writes in its editorial today, what the domestic and foreign investors had drea ...
Tuesday, 07 August 12
BARAMULTI SET TO LIST ON BOURSE IN Q4 - JP
The Jakarta Post reported that, coal miner PT Baramulti Sukses Sarana is preparing to make its shares available to the public in the fourth quarter ...
Tuesday, 07 August 12
REALM RESOURCES COMPLETES STUDY ON ITS KATINGAN RIA COAL PROJECT
COALspot.com - Realm Resources Ltd. has announced that it has completed the Project Study for the Katingan Ria Project in Central Kalimantan, Indone ...
|
|
|
Showing 4626 to 4630 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- The University of Queensland
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- VISA Power Limited - India
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- White Energy Company Limited
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Australian Coal Association
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- McConnell Dowell - Australia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
|
| |
| |
|
