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
Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE


COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct.

The cape index was down by almost 13 pct, which appears to be slowing down of iron ore imports. The Panamax and Supramax was strong and was up by 6.58 pct and 3.36 pct respectively, however this sector was quite firm for spot and short period rates. The Handy size index was almost at same levels and was just up by 0.36 pct.

Supramax vessels opening Fareast were seen mostly being fixed for short period and were seen fixed at $ 26,000 / 27,000 per day.

“The Supramax vessels open N. China were seen fixed at high teens for trip via Indonesia to India” said, Capt. Reddy, MD of Vistaar Shipping, Singapore. Vistaar shipping is an experienced ship operator operating in Singapore and India.

BDI (Baltic dry index changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
2913
2991
78¯
2.60
Baltic Cape Index
2984
3429
445 ¯
12.98
Baltic Panamax Index
3952
3708
244
6.58
Baltic Supra Index
2490
2409
81
3.36
Baltic Handy size Index
1355
1360
5 ¯
0.36
As of 9 April 2010



“With quite a lot of new deliveries still coming it will be interesting to see how the freight market will be affected. However it appears that at least for the first quarter the new deliveries have not affected and market has remained firm”, Capt. Reddy further said.

The average charter hire was at Cape $ 25,115 per day, Panamax $ 31,799 per day, Supramax $ 26,040 per day and Handy size $19,733 per day.

The Supramax index in the Fareast (S6 route) firmed up by $ 1,190 per day (up by 5.62 pct) and closed at $ 22,350 per day. The ECI/China (S7) route continued to soften and was down by $ 2,004 per day (down by 5.89 pct) and closed at $ 31992 per day.

The futures for three years (2010-2012) was at around Cape $ 29,000, Panamax $ 21,000, Supramax $ 18,000 and Handy size $ 14,000 per day respectively.

The congestion in EC Australian ports reduced to 155 vessels this week (last week 173 vessels ). The vessels waiting at main coal loading ports are at Hay point/20 , DBCT / 63, Gladstone / 17 ,New Castle / 49 vessels. On the WC Australia iron ore vessels waiting was at 20 vessels (last week 19 vessels).   

The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia where congestion continues to be high due to slow clearance of cargoes from the port due to railway wagon shortage.

The crude prices continued to be firm 84.78 per barrel (last week at $  84.42 per barrel) . The  prices of bunkers was up at 481.50 pmts (IFO 380 CST ex.Singapore) on 9th April 2010.

CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
VISTAAR SHIPPING, SINGAPORE



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...


Thursday, 03 June 10
GOVT CONSIDERING IMPORT PARITY PRICE FOR DOMESTIC COAL
The government on June 1 said it is considering to price domestic coal on par with global rates, a move which may increase the cost of the raw mater ...


Wednesday, 02 June 10
SRI LANKA TESTS 1ST COAL POWER PLANT IN SEPT.
Sri Lanka will start testing its first 300 MegaWatt coal power plant in September with plans to connect it to the national distribution grid by Janu ...


Wednesday, 02 June 10
CHINA'S IRON ORE IMPORTS TO KEEP BEING THE BIGGEST FACTOR FOR DRY BULK FREIGHT RATES SAY READERS
With dry bulk freight rates staging a positive rally during most of May, the industry’s main benchmark, the Baltic Dry Index (BDI) has managed ...


Wednesday, 02 June 10
KIDECO TO PRODUCE 29.5 MILLION TONS OF COAL IN 2010
COALspot.com: Kideco to produce 29.5 million tons of coal in 2010 up 4.8 million or about 19 percent up from 2009 production. Kideco produced 24.7 m ...


   1158 1159 1160 1161 1162   
Showing 5796 to 5800 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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