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

Friday, 14 June 13
U.S. COAL PRODUCTION TOTALED APPROXIMATELY 18.20 MILLION SHORT TONS W/E 8 JUNE 2013
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 18.20 million short tons (mmst) of ...


Thursday, 13 June 13
HANDY: SHORT PERIOD WERE FIXED AT AROUND USD 9000 LEVEL
Handy Despite falling rates for bigger sizes, the Supras in Atlantic are seeing some improvements with fresh biz. US Gulf positions fetching tick a ...


Thursday, 13 June 13
BIMCO EXPECTS SUBDUED CAPESIZE EARNINGS FOR THE COMING WEEKS - HELLENIC SHIPPING NEWS
Bulk is not only about China even though it is a key driver. In this section, we have taken a closer look at the European seaborne coal markets, whi ...


Thursday, 13 June 13
RIO TINTO AGREES SALE OF EAGLE PROJECT FOR AN ESTIMATED US$325 MILLION IN CASH
COALspot.com - Rio Tinto has reached a binding agreement to sell its Eagle project to Lundin Mining Corporation for an estimated US$325 million in c ...


Thursday, 13 June 13
HARD COAL IMPORTS RISE SHARPLY IN GERMANY IN Q1 2013 - COAL IMPORTERS ASSOCIATION
Coal-fired Power Plants in Germany: Pillars of the Grid and the Energy Turnaround; Hard Coal Consumption and Hard Coal Imports Rise Sharply in Germa ...


   848 849 850 851 852   
Showing 4246 to 4250 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 ...

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