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

Monday, 31 March 14
CFR SOUTH CHINA COAL SWAP FOR Q2 14 DELIVERY LOST 1.17% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 1.17 percent month on month and closed at US$ 75.38  per m ...


Sunday, 30 March 14
FREIGHTS FROM INDONESIA TO INDIA IS EXPECTED TO BE SOFT NEXT WEEK - REDDY
COALspot.com: The freight market dropped drastically and all sectors were affected severely. The BDI was down by 14.13 pct and closed at 1, ...


Friday, 28 March 14
US PRODUCED APPROXIMATELY 18.9 MMST IN A WEEK - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal i ...


Friday, 28 March 14
CHINA'S ENVIRONMENTAL MEASURES WILL NOT CURB GROWTH IN DOMESTIC STEEL PRODUCTION AND SEABORNE IRON ORE - WOOD MACKENZIE SAYS
Steel plants in China have been targeted as a major source of the toxic smog enveloping Beijing and Shanghai. Emergency measures have been impos ...


Thursday, 27 March 14
PANAMAX : SEEMS TO HEAD FURTHER DOWN; CAPESIZE : ANOTHER CHOPPY AND UNPREDICTABLE WEEK - FEARNLEYS AS
Handy A weaker sentiment for the smaller size as well, with reduced activity in the Atlantic where Owners have to face significantly lower ret ...


   754 755 756 757 758   
Showing 3776 to 3780 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 ...

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