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

Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...


Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG
Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, ...


Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...


Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...


Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy After  a  quiet  end  to  last  week,  the  Atlantic  handysize  market  continued&nb ...


   1157 1158 1159 1160 1161   
Showing 5791 to 5795 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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