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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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Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply ...
Wednesday, 20 October 21
MARKET INSIGHT - INTERMODAL
IMO 2020, Ballast Water Treatment regulations, Green Recycling, GHG emissions, EEXI, CII, ETS, Fit for 55, Carbon price/levy, the Poseidon Principl ...
Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...
Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...
Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected
If India keeps installing solar capacity a ...
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- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
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