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, 18 December 12
NEWCASTLE PORT IN AUSTRALIA SHIPPED 20.19 PERCENT MORE COAL W/E 17 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 3,269,640 MT of thermal and coking coal for week ended  0700 hours 17 December 2012, Newc ...


Monday, 17 December 12
SHIP PRICES TO BOTTOM OUT IN 2013 SAYS GEORGE D. GOURDOMICHALIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship values especially in older tonnage, or even modern vessels with poor quality are expected to fall further during 2013, with the market as a who ...


Monday, 17 December 12
SYNERGISING WITH PIONEERS TO DEVELOP TOMORROW'S LATIN AMERICAN RAILWAYS
Press Release: Brazil being one of the largest country in South America has one of the most dynamic rail markets in the world. Rail transport in Bra ...


Sunday, 16 December 12
FREIGHT TREND SOFTENED THIS WEEK - VISTAAR
COALspot.com - The freight market further softened this week and closed at 784 points (down by 18.84 pct).  The cape index had the biggest fall ...


Friday, 14 December 12
GMR GROUP OF INDIA TO IMPORT 100K MT OF 4800 GAR COAL
COALspot.com: GMR Group of India to invite bids for 100,000 Metric Tons of imported non coking coal to be delivered during January and February 2013 ...


   891 892 893 894 895   
Showing 4461 to 4465 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 ...

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