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, 11 December 13
THE INDONESIAN GOVERNMENT IS CONSIDERING SETTING A REGULATION ON THE MINIMUM PURITY TO REGULATE UNPROCESSED ORE BAN
COALspot.com: Energy and Mineral Resources Minister Jero Wacik recently proposed to house those mining (mineral) companies that had shown a commitme ...


Wednesday, 11 December 13
BDI REACHED A PEAK OF YEAR RECORD OF 2,237 POINTS WHICH IS A SIGNIFICANT CHANGE IN MARKET CONDITIONS
Getting closer to the end of 2013, it is important that we have a review of the course the market has taken these past 12 months by looking at the B ...


Tuesday, 10 December 13
HNL, AN INDIAN STATE-OWNED NEWSPRINT PAPER MAKER SEEKS 50K TONS OF INDONESIAN 5600 COAL
COALspot.com: Hindustan Newsprint limited (HNL), an Indian state owned news print paper producer invited bids to supply 50,000MT of min 5,200kcal/kg ...


Tuesday, 10 December 13
COLOMBIAN THERMAL COAL EXPORTS SLIPPED 25.54% M-M IN OCTOBER'13
COALspot.com: Colombia's Thermal coal exports in October dropped 25.54% month on month to 5,990,815.13 million mt, according to data from mining de ...


Tuesday, 10 December 13
NEWCASTLE COAL EXPORTS PLUNGE W-O-W
COALspot.com: In the week ended December 9, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.50 ...


   791 792 793 794 795   
Showing 3961 to 3965 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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