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, 23 July 12
NTPC INVITES BIDS FOR 2.6 MILLION TONS OF LOW MOISTURE IMPORTED COAL
COALspot.com - India’s largest electricity generator, NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government ...


Sunday, 22 July 12
NEW CHAIRMAN FOR AUSTRALIAN COAL ASSOCIATION
The Australian Coal Association (ACA) announced that Mr Ross Willims has been appointed as its new independent Chairman effective November 5 2012. M ...


Sunday, 22 July 12
CENTRAL KALIMANTAN COAL RAILWAY NETWORK WILL BE BUILT BY 2015 - THE BORNEO POST
The borneo post reported that, a declaration to build a coal railway network is signed today (12/07/2012) in front of the Indonesian Vice President ...


Sunday, 22 July 12
COAL PRICES IN MIXED TRENDS; STOCKS REMAIN HIGH AT BOTH ENDS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery fell 0.99 percent on last Friday closing (d-o-d) and 1.19 percent com ...


Sunday, 22 July 12
TATA POWER SIGNS A LONG TERM COAL SUPPLY AGREEMENT WITH PT ANTANG GUNUNG MERATUS, INDONESIA
COALspot.com - Tata Power, India’s largest integrated power utility, last Friday announced that it has signed a long term coal suppl ...


   928 929 930 931 932   
Showing 4646 to 4650 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 ...

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