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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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Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...
Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and bus ...
Friday, 08 October 21
SEPTEMBER CRUDE OIL TANKER DEMOLISHING HITS 39-MONTHS HIGH AT 1.9M DWT - PETER SAND
Has the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answ ...
Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
Steel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry e ...
Wednesday, 06 October 21
INDONESIA COAL PRICE REFERENCE: ANOTHER MONTH, ANOTHER RALLY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second and third quarters of 2021 as it reached a pinnacle of $161.63 Oc ...
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- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
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