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Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analysts' forecasts of JPMorgan Chase & Co.
The experts predict a 10% growth in average dry bulker’s charter costs thanks to increased demand for ships in China, which is likely to increase its iron ore and coal imports. Capesizes charter price used for transporting iron ore and coal might reach $32.000 a day from $28.000 forecasted earlier.
Panamax ships charter may possibly grow $16.000 a day, against recent $14.000. Freight cost of a Supramax vessel was corrected from $13.000 to $14.000 a day. The average forecast of Handymax charter cost changed slightly - to $12.000 from $ 11.500 per day.
“Increase in imports of iron ore may follow the Chinese New Year celebration (February 14), as the steel companies there will begin to replenish stocks. Coal imports will also remain high, because of unfavorable weather", JPMorgan analyst Jonathan Chapel said.
Source: PortNews / Hellenic Shipping News
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Monday, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese ne ...
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- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
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- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
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- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Ministry of Finance - Indonesia
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- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Australian Coal Association
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Planning Commission, India
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
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- Economic Council, Georgia
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- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Minerals Council of Australia
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- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Central Electricity Authority - India
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- Parliament of New Zealand
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- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
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- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
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- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
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- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
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