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

Wednesday, 09 April 14
DRY BULK MARKET STRUGGLED THROUGHOUT THE WEEK - INTERMODAL
The Dry Bulk market struggled throughout the week but the poor performance across the board didn't allow for any positive reversal, pushing ...


Tuesday, 08 April 14
PORT OF NEWCASTLE SHIPPED 2.90 MMT OF POWER PLANT AND SEMI-SOFT COKING COAL IN A WEEK
COALspot.com: In the week ended 07:00 hours 7 April 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensla ...


Tuesday, 08 April 14
RBCT SHIPPED 53.79% MORE COAL IN MARCH 2014
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 6.90 million to ...


Tuesday, 08 April 14
APRIL 2014 INDONESIAN COAL PRICE REFERENCE DROPS TO LOWEST SINCE JANUARY 2010
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised down again the coal bench mark price by US$ 2.20 / MT to ...


Tuesday, 08 April 14
TALKING ABOUT A ONE-HORSE RACE - GEORGE LAZARIDIS
Ever since the onslaught of the financial crisis, China along with the other BRIICs, have played a pivotal role in supporting global economic gr ...


   751 752 753 754 755   
Showing 3761 to 3765 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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