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Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rates across vessel segments.
The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 150 points, or 3.4%, to 4,560, its highest since November 2009.
Strong iron ore and coal trades are driving dry bulk rates higher, brokerage Jefferies said in a note.
“Congestion and other inefficiencies related to COVID-19 and geopolitical tensions are benefiting the dry bulk market by removing effective fleet supply,” it said.
The capesize index increased by 415 points, or 6.1%, to 7,200, hitting its highest in 12 years.
Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, rose by $3,446 to $59,715.
Increasing iron ore production and exports from Brazil and Australia, as well as coal demand from India and China to replenish stocks ahead of a colder winter, has aided the rise in the capesize segment, Jefferies said.
Iron ore futures in Asia rebounded on Wednesday, although doubts lingered whether gains could be sustained given the collapse in China’s demand and improving supply prospects.
The panamax index rose 31 points, or 0.8%, to 3,961, its highest in more than ten weeks.
Average daily earnings for panamaxes, which ferry 60,000-70,000 tonne coal or grain cargoes, increased by $274 to $35,647.
Among smaller vessels, the supramax index rose for a sixth straight session, adding 11 points to 3,338, its highest in over two weeks.
Source: Reuters
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Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...
Thursday, 25 January 24
RED SEA SHIPPING DISRUPTIONS KEEP GEOPOLITICAL PREMIUM FOR COMMODITIES - FITCH RATINGS
Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including for oil a ...
Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after postin ...
Friday, 19 January 24
DRUMMOND COLOMBIA COAL OUTPUT ROSE 7.1% IN 2023 - REUTERS
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6% to 27 ...
Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...
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- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- PTC India Limited - India
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- The University of Queensland
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Minerals Council of Australia
- Parliament of New Zealand
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
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