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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, 22 September 21
MARKET INSIGHT - INTERMODAL
The unfolding last week of a trilateral defence pact between the United States, Australia, the United Kingdom (AUKUS) envisages a wide range of col ...
Tuesday, 21 September 21
CHINESE COAL IMPORTS FROM AUSTRALIA DROP 98.6% AS RESTRICTIONS BITE - BIMCO
In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian c ...
Tuesday, 21 September 21
CHINA'S COAL OUTPUT RESUMES GROWTH IN AUGUST - XINHUA
China’s raw coal output rose 0.8 percent year on year to 340 million tonnes last month, official data showed.
The growth rate ...
Wednesday, 15 September 21
MARKET INSIGHT - INTERMODAL
Following the oil price sell off during most of August, partly triggered by oil demand fears amid the delta COVID variant, oil prices have resumed ...
Saturday, 11 September 21
CIL STEPS UP SUPPLY COAL TO POWER SECTOR; PER-DAY AVERAGE 20 PC HIGHER THAN LAST YEAR - PTI
State-owned CIL on Friday said it has stepped up the supply of coal to the power sector in the first eight days of the current month, with an avera ...
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- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- The University of Queensland
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
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