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, 06 August 12
3RD ANNUAL INDONESIA POWER
Press Release - 3rd Annual Indonesia Power is Indonesia’s premier power event, where commercial opportunities and new projects are identified. ...


Monday, 06 August 12
COAL EXPORTS COULD ADD $2B TO $6B ANNUALLY TO U.S. ECONOMY - HELLENIC SHIPPING
Business groups backing Pacific Northwest coal export proposals on Thursday lauded a new report that claims increased U.S. coal exports could bring ...


Sunday, 05 August 12
SUB-BIT INDONESIA COAL SWAPS ARE WAY UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.36 percent on Friday (3 August 2012) closing W-o-W but gained& ...


Sunday, 05 August 12
INDONESIA'S ADARO TRIMS PRODUCTION FORECAST, CITES BAD ECONOMY - THE JAKARTA GLOBE
The Jakarta globe reported that, Adaro Energy, the country’s second-largest coal producer, has cut its annual production forecast to between ...


Sunday, 05 August 12
DRY BULK FREIGHT MARKET TO STAY WEAK NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com - The freight market continued to soften further in all segments. The BDI was down by 8.68 pct closing at 852 points. The cape index ...


   925 926 927 928 929   
Showing 4631 to 4635 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 ...

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