COALspot.com keeps you connected across the coal world
  • MAY 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 81.86 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

Wednesday, 22 May 19
SHIPPING MARKET INSIGHT - INTERMODAL
The ship repair sector is showing a constant and gradual increase on the workload throughout the past months, with almost all the shipyards worldwi ...


Saturday, 18 May 19
SUPRAMAX: 56,000DWT OPEN PANJANG FIXING AT $10,500 FOR A TRIP VIA INDONESIA, AND REDELIVERY CHINA - BALTIC EXCHANGE
Capesize The market continues to ebb and flow with a generally positive up trend. The Capesize 5TC opened with upward momentum from last week&r ...


Friday, 17 May 19
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


Thursday, 16 May 19
SUPRAMAX: INDO/CHINA COAL RV TRADING AROUND US$ 9,000 BSS S.CHINA DELIVERY - FEARNLEYS
Capesize This volatile segment is trying to find a clear direction from the present US$ 12,000/day earnings for standard units says Fearnleys W ...


Wednesday, 15 May 19
SHIPPING MARKET INSIGHT - THEODORE NTALAKOS
Modern warfare - Trade wars & sanctions As of May 1st, the U.S. has ended waivers to the sanctions that had allowed the top buyers of Irani ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5472
News by Category
Popular News
 
Total Members : 26,170
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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