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Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
 Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. That’s what the latest Hellenic Shipping News Poll indicates, since according to 186 of the 509 of the readers who voted, said that the most popular ship types will prove to be those in the range of between 35,000 and 60,000 tons dwt.
This represents the 36.5% of the votes. Similarly, the second most wanted ship types will be those in the range of 15,000 – 35,000 tons dwt. They were voted by 99 readers or 19.4% of the total votes. As a results ships with a carrying capacity from 15,000 dwt and up to 60,000 dwt were the preferred ones for almost 56% of all those who took part in the poll.
On the contrary, the capesize type, regarded as a reference point for the dry bulk industry didn’t fare that well, with only 15.1% share of votes, or 77 out of 509. Also, panamaxes took 19.3% of the votes or 98 in total. It seems that the market’s future in 2009, one of the most challenging years ever for the industry, is expected to lie within the handysize/handymax, as well as the supramax segments. During June, a similar poll, organized by Hellenic Shipping News, had raised the question of which cargo trading route would prove to be the most profitable in the coming months.
The results were overwhelming towards the Far East trades, which were voted by an impressive 57.7% of readers, or 305 out of the 529 who took part in the poll in total. In second place came the route of East Coast South America (ECSA). But the difference was more than vast, since this particular dry cargo route attracted 9.1% of votes or 48 in total. Third place was occupied by United States Gulf (USGF), with 41 votes or 7.8 percent of the whole. East Med (EMED) and American Pacific (AMAG) followed with only a vote between them, while Red Sea-Persian Gulf was next with 4%. It tied with the West Africa (WAFR) route which also attracted 4% of votes. As for this month’s (August) poll, which you are all welcome to join, it poses another interesting question: What percentage of the current dry bulk fleet still needs to be scrapped in order for the freight market to recover to higher levels, taking into account the global orderbook? As usual, we have provided you with a range of choices.
The issue of phasing out older tonnage is more than important in today’s market conditions and with the expected pick up in new building deliveries during the second half of the year. This could bring the Baltic Dry Index to lower levels and hinder the industry’s recovery. Every vote is enough to make a difference with the results being announced in early September.
Source: Nikos Roussanoglou, Hellenic Shipping News Worldwide, Macor Shipping
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Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...
Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...
Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...
Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...
Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
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- Star Paper Mills Limited - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- White Energy Company Limited
- Minerals Council of Australia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
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