COALspot.com keeps you connected across the coal world
  • THE MEoMR OF INDONESIA HAS REVISED DOWN OCTOBER 2018 COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS TO US$ 100.89 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
Tuesday, 03 July 18
SUPRAMAX: A 56,000-DWT WAS FIXED BASIS DELIVERY SINGAPORE TRIP VIA INDONESIA, REDELIVERY CHINA, AT $12,100 - BALTIC BRIEFING
Baltic BriefingCapesize
The market generally drifted and by mid-week dropped to what some felt was an artificially low level, only to bounce back at the end of the week to better levels as more cargo was quoting in both the Pacific and Atlantic.
 
Ore movements from West Australia were being fixed at around $7.20 level before dipping to $6.75 mid-week. By Thursday, Oldendorff had fixed Mingwah tonnage at $6.95 for mid-July loading and the sentiment was suggesting $7 might be breached again.
 
The KEPCO tender for Newcastle to Dangjin loading 16/20 July was awarded to Hyundai Glovis at $9.61.
 
US Steel fixed NYK tonnage for their 120,000 10% cargo from Quebec to Oita loading end July at around $32. Rates from Brazil nudged up a shade with recent fixtures like NYK’s ‘Lowlands Orchid’ (176,193 2005) loading Tubarao 20/25 July at $19.75 to Trafigura, while the ‘Ocean Confidence’ (174,332 2005 Daelim re-let) was loading 15/24 July at $19.80 to Polaris. Today there is talk of the ‘Gotia’ (178,010 2012 Phaethon re-let) fixing basis Sudeste to China with an eta of 24 July at $22.15 to Trafigura.
 
The Berge Weisshorn (171,995 2004) is said to have fixed trans-Atlantic business, but it is not certain whether on T/C basis or voyage, with rumours of a rate around $10.75 for Bolivar to Rotterdam being mentioned to Oldendorff.
 
Panamax
Finally, a week bereft of holidays and the market appeared to consolidate. The Atlantic saw more enquiry in the North for both front haul and trans-Atlantic trades, which has led to a clear out of tonnage, with rates stabilising and in some cases showing improvement. EC America was again very active and consumed a lot of ballasters. However, a weak Ultramax market has seen them take a few smaller stems, with an end July cargo from Paranagua to China fixed at $35.25 per mt this week, compared to $36.00 per mt last week. Despite this, in general, timecharter levels remained flat. The Pacific also began to turn the corner, with renewed grain enquiry in the North and more mineral business from Australia. However, the early ships continued to struggle to find cover and even the normally busy Indonesian market experienced a slower week. Owners are still being drawn to EC South America, and there was also more period interest as the paper market showed some improvement, with the next expected move likely to be up.
 
Supramax
With both basins struggling, it was a week full of negative sentiment. With less enquiry and longer tonnage lists, all routes lost ground. Despite the gloomy feel period activity remained. A 63,000-dwt open West Africa was covered for eight to ten months, trading at $14,000. From the East, a 60,400-dwt was reported fixed basis delivery Ganyu end of June for four to six months redelivery worldwide at $14,000.
 
In the Atlantic, pressure remained on rates, especially from the Eastern Mediterranean, with a ready supply of tonnage. An Ultramax was fixed at under $16,000 from here to the Far East. From the Continent, scrap continued to move, albeit with weaker rates. A 53,000-dwt was reported covered delivery Antwerp for a trip East Mediterranean at $11,900. Little activity from the US Gulf again this week, an Ultramax was linked to a front haul at close to $22,000 at the beginning of the week. From EC South America, limited activity, an Ultramax was on subjects for a trip to SE Asia at around $14,000 plus $400,000 ballast bonus.
 
The Asian market also lacked impetus. A 58,000-dwt was rumoured fixed basis delivery Dalian for a NoPac round redelivery Cebu at $11,350. Further south, a 56,000-dwt was fixed basis delivery Singapore trip via Indonesia, redelivery China, at $12,100. In addition, a 55,800-dwt was reported failed basis delivery Map Ta Phut, redelivery Chittagong, at $13,000. The Indian Ocean also had a lacklustre feel, but a 57,000-dwt was reported basis delivery Hazira trip via Bandar Abbas, redelivery EC India, at $15,000.
 
Handysize
Overall it was a dull week, with a single-digit drop for the Handysize index throughout the week. Most of the routes slipped in both the Atlantic and Pacific basin. On the period front, a 35,000-dwt 2018-built open Casablanca in early July was fixed for the balance of period for about five to seven months at a rate in the $11,000s. In the Mediterranean and the Black Sea area, a 31,000-dwt open Canakkale was failed for a trip via the Black Sea to the US Gulf at $7,500 for the first 40 days and $8,500 thereafter, and failed again for a similar run at $7,750 and $8,850 respectively. Another 33,500-dwt open Iskenderun, was later booked for this route at $6,500 for the first 40 days and $8,500 afterwards. There was also talk of a Handymax fixing at mid $12,000s for a Black Sea to Ravenna trip, whilst a 27,000-dwt open spot in Canakkale was reportedly failed on subjects for a trip to the similar redelivery at $8,000. A 35,000-dwt open Hamburg was fixed for a trip to the East Mediterranean at low $11,000. In the East, a 34,000-dwt open Cebu was fixed to run via Indonesia to Vietnam at $8,500.
Source: Baltic Briefing


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

Recent News

Thursday, 18 October 18
SUPRAMAX: INDO/WC INDIA SUPRAS ARE FIXING AROUND MID $14000S P/D BASIS SPORE DELIVERY
Capesize The volatile Cape market continues this week, especially in the Pacific says Fearnleys in its latest weekly report.    ...


Thursday, 18 October 18
COAL SHORTAGE HITS POWER SECTOR AGAIN; HOW INDIA CAN GET ITS PRODUCTION RIGHT - ANIL SWARUP
By convincing states of the value proposition of increased production, the record production of Fy15 & Fy16 can be emulated.   The ...


Thursday, 18 October 18
CHINA POWER REFORM NEUTRAL ON GRIDS, PRESSURES IPP MARGINS - FITCH RATINGS
China's power sector reform has a broadly neutral impact on transmission grids although it will pressure the power producers' margins, says ...


Wednesday, 17 October 18
ESCROW SERVICE FOR BALTIC MEMBERS NOW LIVE
The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is ...


Wednesday, 17 October 18
SHIPPING MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last three months approximately 72 tankers changed hands involving ships larger than 33kdwt up to VLCC.  43 of those vessels had to do ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5283
News by Category
Popular News
 
Total Members : 25,503
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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