COALSPOT.COM IS A BRAND NAME, NOT A PORTAL NAME Wednesday, 22 May 2013
  • SHARE YOUR COAL NEWS WITH COALspot.com - news@coalspot.com
  • Indonesian 5800 GAR coal (Physical) market direction: FLAT - COALspot.com's self assessment (updated on 15/5/13)
  • Indonesia has set the MAY 2013 Coal Price Reference at US$ 85.33 per ton
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q4 2013 Contract - $63.65 (0.98% dod) 21/5 8pm SG time - SGX
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for Q3 2014 Contract - $63.18 (0.56% dod) 21/5 8pm SG time - SGX

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines

Thursday, 20 September 12
DRY BULK INCHES FORWARD AFTER WEEKS OF BELOW PAR PERFORMANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING


The dry bulk market has started to revive from its ashed, as the past couple of days, traders have reported an increased activity from China, resulting in higher earnings for larger Capesize vessels. As a result, yesterday, the BDI (Baltic Dry Index) was up by 3.59 percent, reaching 722 points. The Baltic’s Capesize Index (BCI) was the biggest gainer, as it was up by an impressive 7.16 percent to 1,421 points. As a result of this, average daily earnings for Capesize vessels, typically used to transport coal and iron ore to China, reached $5,896, increased by $890 on the day. Traders and charterers indicated that China is on the process of iron ore restocking, as a result of higher steel prices.

According to Fearnley’s latest weekly report, commenting on the Capesize market, the shipbroker mentioned that “finally activity and rates picked up pretty good, as rates for west Australia to China improved from USD 7 to 7.35 and then to 8 in three days. The latter was for early dates, but still sending positive signals. For front haul, the index is presently at USD 19.50 - with owners rating around the 20 mark. And short period, which last week was fixed at USD 8000/low USD 8000, is presently USD 9000 (last done)” the report said.
By contrast, on the Panamax market, the Baltic’s Panamax Index was once again down by 1.27 percent to a mere 428 points, with oversupply of vessels being the key reason here, plaguing the market. As a result, average daily rates for the 60,000-70,000 vessels are now just $3,723 according to the Baltic Exchange.

Fearnley’s said on the Panamax market that it was “another week with softening rates in the Atlantic. Owners looking to cover their positions for an RV are now facing levels below USD 2k. These levels are well below Opex and some owners are reluctant to even do this and dropping anchor hoping to catch a big tuna instead. Front hauls are being fixed around 11-12k. In the Pacific, however, some positive remarks where rounds now are being fixed at ard USD 5k. China officials have announced approvals for a USD 100 billion stimulus package involving 25 new subway lines and thousands of kilometres with new high ways. This could lead to improved shipments of iron ore and coal for the future and might be what we are waiting for” the shipbroker noted.

On the Handy markets (Supramax and Handymax/Handysize vessels), Fearnley’s stated that “not a bad week for Supramax tonnage, if we compare Supramax developments to the bigger size tonnage. The rates have basically remained unchanged this week and only the front haul voyages from Baltic/BlSea were valued bit less by the comparison to last week numbers. Scrap cargoes from Baltic and Cont to East Med paid decent money at around USD 14/15k/day. USG to FE stems were paying in the region of 18,500/day. Average of TC routes finished at USD 8840, what a remarkable number compared to Panamax average. Pacific market became firm since last week with more cargoes and tight tonnage for spot cargoes. Indo-India rounds were around USD 12k bss Singapore dely. Nopac rounds were fixed at USD 8k dely dop Japan. Indian iron ore activity was quiet. WCI-India rounds were done at USD 7k and ECI-India was fixed at USD 5k. RBCT rounds were done at USD 8k + BB 250k bss APS. Red Sea fertilisers were fixed in high teens. Short period rates for large eco Supra were around USD 9k” the report said.

On a similar note on the Supramax size, Piraeus-based shipbroker Shiptrade & Services had noted that “Supramax market remained rather steady in low levels as the BSI index closed at 834 increased by 2 points than last week. Transatlantic rounds were seen closing at USD 4000 levels whilst there were some fixtures ex USG basis delivery Continent at USD 12000 levels. Most fronthaul trips were fixed at USD 15000 levels. In the pacific basin, market was surprisingly improved a little due to lack of spot positions. Thus we saw some fixtures for Indonesian rounds basis delivery Singapore at USD 10000 levels. NOPAC rounds were seen closing at USD 8000 levels basis DOP Japan. India as far as iron ore market is concerned, remained quite with fixtures ex India to China were closed at USD 7000 and USD 5000 for WCI and ECI respectfully. Red Sea fixtures with fertilisers to India were closed at USD high teens. Short period also remained quite with some fixtures at USD 8000”.
Source: Nikos Roussanoglou, Hellenic Shipping


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 22 May 13
COKAL SIGNS JV WITH MDM, FOR BARITO RIVER BARGING
COALspot.com - Cokal Limited (ASX: CKA) has announced that it has entered into a 50:50 Joint Venture (JV) with Meratus Advance Maritime (MDM) one of ...


Tuesday, 21 May 13
NEWCASTLE PORT COAL SHIPMENTS SEEN FALLING WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,205,024 tons of thermal and coking coal for week ended  0700 hours 20 May 2013, Newcast ...


Sunday, 19 May 13
COAL PRICES ARE SLUMPING DUE TO WEAK DEMAND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.03 percent and API 8 CFR South China Coal shipment g ...


Sunday, 19 May 13
FREIGHT RATES TO REMAIN UNSTABLE AND VOLATILE - CAPT. REDDY
COALspot.com – The freight remained weak this week with all the segments down. The BDI, the Baltic Dry Index is a number issued daily by th ...


Friday, 17 May 13
US COAL PRODUCTION CLIMBED 3.35 PER CENT WEEK ON WEEK
COALspot.com - U.S. produced totaled approximately 18.50 million short tons (mmst) in a week (For the week ended May 11, 2013), EIA said in its late ...


   1 2 3 4 5   
Showing 1 to 5 news of total 2595
News by Category
Popular News
 
Registered Members : 15,133

Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Jaiprakash power ventures ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • SASOL - South Africa
  • Cigading International Bulk Terminal - Indonesia
  • IMC Shipping - Singapore
  • APGENCO India
  • Noble Europe Ltd - UK
  • Sindya Power Generating Company Private Ltd
  • Humpuss - Indonesia
  • Savvy Resources Ltd - HongKong
  • Parliament of New Zealand
  • Romanian Commodities Exchange
  • GVK Power & Infra Limited - India
  • McKinsey & Co - India
  • Karbindo Abesyapradhi - Indoneisa
  • UOB Asia (HK) Ltd
  • Trasteel International SA, Italy
  • Chamber of Mines of South Africa
  • Coal Orbis AG
  • LBH Netherlands Bv - Netherlands
  • Africa Commodities Group - South Africa
  • CCIC - Indonesia
  • Adani Power Ltd - India
  • Xstrata Coal
  • Vale Mozambique
  • Karaikal Port Pvt Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Maheswari Brothers Coal Limited - India
  • Russian Coal LLC
  • Berau Coal - Indonesia
  • PNOC Exploration Corporation - Philippines
  • OPG Power Generation Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • JPMorgan - India
  • Siam City Cement - Thailand
  • SRK Consulting
  • CNBM International Corporation - China
  • Kapuas Tunggal Persada - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Intertek Mineral Services - Indonesia
  • J M Baxi & Co - India
  • UBS Singapore
  • KPCL - India
  • Barasentosa Lestari - Indonesia
  • bp singapore
  • KOWEPO - South Korea
  • Eastern Energy - Thailand
  • Australian Commodity Traders Exchange
  • The India Cements Ltd
  • HSBC - Hong Kong
  • Kaltim Prima Coal - Indonesia
  • New Zealand Coal & Carbon
  • Posco Energy - South Korea
  • Pendopo Energi Batubara - Indonesia
  • Arch Coal - USA
  • PetroVietnam
  • Glencore India Pvt. Ltd
  • Bukit Asam (Persero) Tbk - Indonesia
  • Singapore Mercantile Exchange
  • Miang Besar Coal Terminal - Indonesia
  • World Bank
  • Vizag Seaport Private Limited - India
  • Bangladesh Power Developement Board
  • Straits Asia Resources Limited - Singapore
  • Platou - Singapore
  • Commonwealth Bank - Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kon
  • Edison Trading Spa - Italy
  • SMG Consultants - Indonesia
  • Ambuja Cements Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • Core Mineral Indonesia
  • Simpson Spence & Young - Indonesia
  • Shree Cement - India
  • Kalimantan Lumbung Energi - Indonesia
  • Agrawal Coal Company - India
  • Sakthi Sugars Limited - India
  • Cardiff University - UK
  • Timah Investasi Mineral - Indoneisa
  • Carbofer General Trading SA - India
  • Star Paper Mills Limited - India
  • Aboitiz Power Corporation - Philippines
  • IOL Indonesia
  • KPMG - USA
  • Merrill Lynch Bank
  • The State Trading Corporation of India Ltd
  • ACC Limited - India
  • MS Steel International - UAE
  • Antam Resourcindo - Indonesia
  • Sucofindo - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Credit Suisse - India
  • Coeclerici Indonesia
  • London Commodity Brokers - England
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Deloitte Consulting - India
  • Grasim Industreis Ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Platts
  • Qatrana Cement - Jordan
  • Aditya Birla Group - India
  • Bharathi Cement Corporation - India
  • Anglo American - United Kingdom
  • Deutsche Bank - India
  • Runge Indonesia
  • Pinang Coal Indonesia
  • ETA - Dubai
  • Mitsui - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Inco-Indonesia
  • Vitol - Bahrain
  • Siam city cement PLC, Thailand
  • Altura Mining Limited, Indonesia
  • Ministry of Finance - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • BNP Paribas - Singapore
  • Borneo Indobara - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • CEB - Sri Lanka
  • Rudhra Energy - India
  • Kobe Steel Ltd - Japan
  • SGS (Thailand) Limited
  • Infraline Energy - India
  • GMR Energy Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Barclays Capital - USA
  • Wood Mackenzie - Singapore
  • GNFC Limited - India
  • Thiess Contractors Indonesia
  • DBS Bank - Singapor
  • Xindia Steels Limited - India
  • Indian School of Mines
  • Tata Power - India
  • VISA Power Limited - India
  • OCBC - Singapore
  • Attock Cement Pakistan Limited
  • Coastal Gujarat Power Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • ANZ Bank - Australia
  • Formosa Plastics Group - Taiwan
  • Mintek Dendrill Indonesia
  • Essar Steel Hazira Ltd - India
  • Mjunction Services Limited - India
  • NTPC Limited - India
  • Samtan Co., Ltd - South Korea
  • Australian Coal Association
  • Sojitz Corporation - Japan
  • Reliance Power - India
  • Binh Thuan Hamico - Vietnam
  • Bulk Trading Sa - Switzerland
  • Jorong Barutama Greston.PT - Indonesia
  • Coal India Limited
  • Larsen & Toubro Limited - India
  • IBC Asia (S) Pte Ltd
  • Manunggal Multi Energi - Indonesia
  • Bhatia International Limited - India
  • Total Coal South Africa
  • Indonesian coal mining Association
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Makarim & Taira - Indonesia
  • Indogreen Group - Indonesia
  • Salva Resources Pvt Ltd - India
  • Panama Canal Authority
  • Uttam Galva Steels Limited - India
  • Mitsubishi Corporation
  • Maersk Broker
  • PLN - Indonesia
  • White Energy Company Limited
  • Thermax Limited - India
  • Madhucon Powers Ltd - India
  • Port Waratah Coal Services - Australia
  • Lafarge - France
  • Sinarmas Energy and Mining - Indonesia
  • PTC India Limited - India
  • globalCOAL - UK
  • PLN Batubara - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Planning Commission, India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Dalmia Cement Bharat India
  • Global Coal Blending Company Limited - Australia
  • ING Bank NV - Singapore
  • Renaissance Capital - South Africa
  • Indo Tambangraya Megah - Indonesia
  • ASAPP Information Group - India
  • Toyota Tsusho Corporation, Japan
  • Central Java Power - Indonesia
  • Thriveni
  • Bank of America
  • Marubeni Corporation - India
  • CESC Limited - India
  • ICICI Bank Limited - India
  • Freeport Indonesia
  • Banpu Public Company Limited - Thailand
  • Permata Bank - Indonesia
  • Mitra SK Pvt Ltd - India
  • Leighton Contractors Pty Ltd - Australia
  • Vedanta Resources Plc - India
  • Bayan Resources Tbk. - Indonesia
  • Surastha Cement
  • Merrill Lynch Commodities Europe
  • Moodys - Singapore
  • Bhoruka Overseas - Indonesia
  • Videocon Industries ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • POSCO Terminal, South Korea
  • MEC Coal - Indonesia
  • Sical Logistics Limited - India
  • Mercator Lines Limited - India
  • Gujarat Sidhee Cement - India
  • Jatenergy - Australia
  • Geoservices-GeoAssay Lab
  • Malabar Cements Ltd - India
  • TeaM Sual Corporation - Philippines
  • Fearnleys - India
  • IEA Clean Coal Centre - UK
  • Kobexindo Tractors - Indoneisa
  • Jindal Steel & Power Ltd - India
  • Sree Jayajothi Cements Limited - India
  • Standard Chartered Bank - UAE
  • Thomson Reuters GRC
  • CIMB Investment Bank - Malaysia
  • Inspectorate - India
  • Indika Energy - Indonesia
  • Mercuria Energy - Indonesia
  • Gresik Semen - Indonesia
  • Riau Bara Harum - Indonesia
  • TNPL - India
  • Idemitsu - Japan
  • Coalindo Energy - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • International Coal Ventures Pvt Ltd - India
  • Orica Mining Services - Indonesia
  • Metalloyd Limited - United Kingdom
  • World Coal - UK
  • Enel Italy
  • Neyveli Lignite Corporation Ltd, - India
  • The Treasury - Australian Government
  • Independent Power Producers Association of India
  • Orica Australia Pty. Ltd.
  • GB Group - China
  • Peabody Energy - USA
  • U S Energy Resources
  • Japan Coal Energy Center
  • Argus Media - Singapore
  • Gupta Coal India Ltd
  • Latin American Coal - Colombia
  • Eastern Coal Council - USA
  • EIA - United States
  • Ernst & Young Pvt. Ltd.
  • Kideco Jaya Agung - Indonesia
  • Samsung - South Korea
  • Petrosea - Indonesia
  • KEPCO - South Korea
  • Indonesia Power. PT
  • Tanito Harum - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Arutmin Indonesia
  • Clarksons - UK
  • McConnell Dowell - Australia
  • Electricity Generating Authority of Thailand
  • Lanco Infratech Ltd - India
  • India Bulls Power Limited - India
  • BRS Brokers - Singapore
  • Maruti Cements - India
  • TANGEDCO India
  • Oldendorff Carriers - Singapore
  • Cemex - Philippines
  • Price Waterhouse Coopers - Russia
  • Bhushan Steel Limited - India
  • Adaro Indonesia
  • Interocean Group of Companies - India
  • Bukit Makmur.PT - Indonesia
  • Georgia Ports Authority, United States
  • Goldman Sachs - Singapore
  • IHS Mccloskey Coal Group - USA
  • Tata Chemicals Ltd - India
  • European Bulk Services B.V. - Netherlands
  • CoalTek, United States
  • Shenhua Group - China
  • Malco - India
  • Gujarat Mineral Development Corp Ltd - India
  • Cargill India Pvt Ltd
  • Indorama - Singapore
  • Rio Tinto Coal - Australia
  • GHCL Limited - India
  • Britmindo - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • RBS Sempra - UK
  • GAC Shipping (India) Pvt Ltd
  • SUEK AG - Indonesia
  • Medco Energi Mining Internasional
  • Coal and Oil Company - UAE