ENERGY OF ASIA - ASIAN GAME 2018
  • THE MEoMR OF INDONESIA HAS REVISED UP JULY 2018 COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS TO US$ 104.65 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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
Monday, 19 March 18
PANAMAX: DESPITE FEWER REPORTED PERIOD TRADES THIS WEEK, RATE LEVELS HAVE REMAINED SOLID - BALTIC BRIEFING
Baltic BriefingCapesize
There were finally reports of increased Brazil activity, but still largely unconfirmed. Vale reportedly took six ships Thursday for 5 April onwards, from Tubarao to Qingdao at $14.90, with three for delivery North West Europe, and three ballasters from the East. This may provide a much-needed boost to the Atlantic market, which took a big hit on Thursday, with a cargo fixed from Ponta Da Madeira to Dunkirk West and East, at just $6.50. There were various reports suggesting the time charter equivalent, but the consensus was that it equated to under $5,000 daily.

A couple of ships were also taken from the Continent/Baltic for two to three laden legs, one 2016-built and one 2007-built, with Atlantic redelivery at rates linked to the BCI. Despite steady activity from West Australia to China, rates slipped, but, so far, were holding over $6.00. Both Rio Tinto and FMG fixed rates ranging from $6.05 to $6.15 for late March liftings. Time charter activity was limited, but sources continued to suggest that rates were around the upper $11,000 daily for BCI types, however, some were less optimistic over current rates. There has been some coal moving from East coast Australia, but, again, having little impact on rates. Despite the spot market being under pressure, period rates have been holding, with a 181,000-tonner, 2014-built, fixing from Shanghai end-March, for 12 months at $21,000 daily. A 14-year old 175,500-tonner, early April Qingdao, reportedly went for 22 to 24 months, trading at $17,250 daily.

Panamax
Despite fewer reported period trades this week, rate levels have remained solid. Charterers are still looking to take forward cover and modern Kamsarmaxes, achieving $15,000 daily, or more, for around six months employment. Transatlantic trades, in general, were steady, with premiums for INL breaching and trips into the Mediterranean. The front haul market saw an improvement, with US Gulf grains reappearing after a period of inactivity. A 2006 built Panamax fixed at $19,500 daily, delivery Cape Passero, for a trip via the US Gulf and Panama to the East. East coast South America remained active, but rate levels were date dependent. Vessels arriving 10-20 April saw better numbers than their earlier counterparts, although rates for the prompter ships were still firm. The volume of fixing in the Pacific so far this week will probably lead to a quiet slide into the weekend. However, the firm undertone remained, with a well described 77,000 deadweight, open Japan, fixing at $16,000 daily for a NoPac round voyage. There remained a shortage of early round voyage candidates, and with owners able to consider ballasting south as well, the outlook in the short term was expected to remain firm.

Supramax
It was a better week across the board, with the Atlantic seeing increased activity, and, in some areas, rates improving. Overall, there was a positive feel to the Pacific market. Period activity was seen; with a 58,000-dwt open North China, fixed for a balance of a period of about six to eight months, trading at $12,750.

Some improved levels were seen from the US Gulf, and a 53,400-dwt was booked for a front haul in the mid $20,000s. An Ultramax went at around $27,000 for a similar destination. The East Mediterranean saw strong numbers mid-week, with a 60,000-dwt fixing delivery Damietta, for a trip via the Black Sea to China at $22,000. However, towards the end of the week, some said it might be cooling off. From the Continent, scrap cargoes moved, with a 57,000-dwt fixed from Rotterdam to the East Mediterranean at $16,500. Little surfaced from East coast South America, but some said rates were slowly improving with a lack of prompt tonnage.

Again reasonable levels were seen in the Asian markets. A 58,700-dwt was fixed delivery North China for two laden legs redelivery worldwide at $12,150. Further South, a 56,800-dwt was reported covered basis delivery Singapore trip via Indonesia, redelivery China, at $14,500. A 61,000-dwt was also fixed at Singapore via Indonesia, redelivery India, at $16,000. From the Indian Ocean, a 61,000-dwt open West Coast India, was booked for a trip redelivery China in the mid-low $16,000s. A 56,100-dwt was fixed basis delivery South Africa, for a trip to Singapore-Japan at $13,000 plus $300,000 ballast bonus.

Handysize
Overall a fairly quiet week with little reported. There was minimal activity East coast South America, with easing rates for Handysize vessels. The US Gulf market again improved, but brokers suggested the gap between the owners and charterers had widened by the end of the week. The rates from the Pacific continued to climb and showed no signs of weakening.

A 30,000-dwt open Casablanca, was fixed at $12,000 for a trip to West Africa. From East coast South America, Handy vessels were booked to West coast South America at $16,000 daily, or, $10,000 daily for a coastal trip to South Brazil. In the East, a 39,000-dwt open South China, was booked for a trip via Indonesia to China at $10,750 daily. Similar rates were reported on a smaller-sized Handy vessel, open Kosichang to China, moving tapioca chips. A trip for Australia to the Far East, paid in the low $15,000s for a 38,000-dwt open close to the loading port, or mid-U$12,000 daily basis delivery, Port Kelang.
Source: Baltic Briefing


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

Recent News

Thursday, 19 July 18
VINACOMIN PRODUCES OVER 20 MLN TONNES OF RAW COAL FROM YEAR'S START - VNA
The Vietnam National Coal and Mineral Industries Group (Vinacomin) has produced over 20 million tonnes of raw coal and 19.3 million of clean coal f ...


Wednesday, 18 July 18
INDONESIA TO AUCTION 16 MINING SITES - JP
Indonesia will soon auction 16 mining sites as no proposal submissions have been submitted by state-owned enterprises (BUMN) and regional administr ...


Wednesday, 18 July 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
The new regulations for Chinese flag restricting import of Tier I ships have dominated market sentiment during the past days as buyers have been tr ...


Thursday, 12 July 18
SUPRAMAX: INDO/CHINA COAL RV IS BEING FIXED AROUND USD 10500 BSS SINGAPORE - FEARNLEYS
Capesize Cape market continue to be extremely volatile says Fearnleys in its latst weekly report. The further noted that, last week ended wi ...


Tuesday, 10 July 18
SHIPPING MARKET ANALYSIS - GEORGE LAZARIDIS
The trade dispute saga continued over the past week, as new tariffs were put into force on Friday in both the U.S. and China and have already taken ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5202
News by Category
Popular News
 
Total Members : 25,233
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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