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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, 01 September 21
KOMIPO TO BUY 1.56 MILLION TONS OF 5600 NAR COAL OF AUSTRALIA OR SOUTH AFRICAN ORIGIN FOR 2022 - 2024
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 ...
Wednesday, 01 September 21
MARKET INSIGHT - INTERMODAL
As the summer season is coming to an end, the dry bulk market continues to rally. The confidence that the outstanding freight market performance ha ...
Monday, 30 August 21
68% OF U.S. COAL FLEET RETIREMENTS SINCE 2011 WERE PLANTS FUELED BY BITUMINOUS COAL - EIA
In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the d ...
Friday, 27 August 21
ALL YOU NEED TO KNOW ABOUT COAL'S MASSIVE RALLY AND NEAR-TERM OUTLOOK - CNBCTV18
Australia’s thermal coal at Newcastle Port, the benchmark for the vast Asian market, has surged over 100 percent this year to trade above $16 ...
Friday, 27 August 21
THE ECONOMICS OF INDONESIA’S DIESEL POWER PLANT TO GAS CONVERSION PLAN ARE PROBLEMATIC - IEEFA
Deploying new small-scale LNG is an uphill battle for PGN
Indonesian gas is currently in a precarious position, where the government needs to ...
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- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Thiess Contractors Indonesia
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
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