COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS


SUPRA / HANDY 

After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. Rates were under pressure in both basins due to a lack of prompt stems. In the Continent, Supras are getting low/mid US$ 30,000s for a TCT to the east Med with scrap. In the USG a modern 53,000 tonner was fixed at US$ 38,000 with redelivery in the Continent - about US$ 10,000 less than the previous week. In Brazil, most of the grain exporting ports have around 2 weeks congestion. Supras are getting high US$ 20,000s per day basis delivery west Africa redelivery Skaw/ Passero.

With India as the backbone of the Pacific recently, March loaders were able to get the higher numbers, with ships fixing in the low US$ 50,000s on the west coast, mid US$  40,000s on the east coast, both for trips China, and ballasters from China/Far East loading in India in the region of mid to midhigh US$ 20,000s.

This kept the Pacific firm for the first half of the week, together with a number of stems out of Nopac and Australia (around mid US$ 20,000s), and Indonesia (high teens to low/mid US$ 20,000s). However, rates came off towards the end of the week, as vessels that could make March dates were fixed, and the market took a breather on April positions. Owners were still bullish on short period numbers, with many talking mid to mid/high US$ 20,000s for deliveries in the Far East, but charterers in general were not ready to pay those levels. 

PANAMAX

The Panamax market witnessed a substantial correction as rates tumbled across both basins, as  the BPI dropped 379 points and the average of the 4 time charter routes fell US$ 3,034 on the week.  Weaker sentiment and a lack of fresh enquiry, together with a lack of support both from the paper market and the Capes, succeeded in pushing rates down. The Atlantic saw round voyage rates slip to the low US$ 30,000s region and upper US$ 20,000s for the equivalent round voyage in the Pacific basin. There was very little period activity of note to report as charterers backed away with paper values falling. With Easter holidays in Europe at end of this week pending, one would expect to see a similar trend in the market with sentiment still down.

CAPESIZE 

A less dramatic drop in Capesize rates this week, with the BCI losing 8% and the four time charter average dropping 11% to finish the week at US$ 28,542/day. Despite falling congestion in China, weather problems in Australia have kept delays there high and around 85 Capes are reported to be anchored outside the main Australian ports with wait times of well over a month ahead of them. Weak demand on the Atlantic penalised that market, although conditions were better in the Pacific. By week end, it appeared conditions had stabilized, with the BCI losing just 4 points on Friday, and rising marginally by one point on Monday. Short period business was also concluded at rates above the spot market, with a 178,000 tonner reportedly taken ex yard in April for four to six months trading at US$ 37,000 per day. 
Source: BRS Dry Bulk



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

Recent News

Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...


Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...


Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...


Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up. The BDI was almost at sam ...


Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy The  Atlantic  markets  are  weak  and  remained  unusually  calm  after  the Thanksgiving ...


   1099 1100 1101 1102 1103   
Showing 5501 to 5505 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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