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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, 10 June 21
U.S. COAL PRODUCTION TO TOTAL 600 MMST IN 2021, 11% MORE THAN IN 2020 - EIA
EIA expects U.S. coal production to total 600 million short tons (MMst) in 2021, which is 61 MMst (11%) more than in 2020.
The increase is dri ...
Wednesday, 09 June 21
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
The In-Person Maritime Event
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
culminates successfully in Dubai
Press Release: ...
Wednesday, 09 June 21
MARKET INSIGHT - INTERMODAL
“Counter cyclical investments.” usually take place by investing in a “bad” market at the point that ensures that the acquir ...
Saturday, 05 June 21
KOMIPO INVITED 5600 NAR COAL OFFERS FOR THREE YEARS SUPPLY; 520,000 MT PER YEAR
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Saturday, 05 June 21
IT'S TIME FOR THE BIDEN ADMINISTRATION TO CHAMPION RENEWABLE ENERGY IN THE PHILIPPINES, NOT NUCLEAR OR FOSSIL GAS - IEEFA
Fossil gas and nuclear investments risk locking in costly, outdated infrastructure for the long-term
The United States has spent the ...
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- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- The University of Queensland
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Independent Power Producers Association of India
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