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

Monday, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small ...


Sunday, 18 April 10
GOVT FORMS PANEL FOR RS 12,000-CR (US$ 2.711 BILLION) COAL INDIA IPO - ECONOMIC TIMES
Economic Times reported that, the government has formed an inter-ministerial panel to carry forward the proposed Rs 12,000-crore (US$ 2.711 billion) ...


Sunday, 18 April 10
THE FUTURES FOR THREE YEARS (2010-2012) FOR PANAMAX WAS AT AROUND US$ 21500 PER DAY - VISTAAR
COALspot.com: The BDI indices up by 3.30 pct and overall market continued to be firm except for India to Fareast. “The cape index for the f ...


Saturday, 17 April 10
DRY BULK SHIPPING MARKET ANALYSIS - BIMCO
Strong Chinese steel market is set to cushion the flood of new Capesize vessels entering the dry bulk fleet Demand: The first quarter of 2010 saw up ...


Saturday, 17 April 10
DRY BULK MARKET EDGES HIGHER ON STRONGER DEMAND
The dry bulk market managed to inch higher by the end of the week as brokers indicated that stronger cargo demand pushed freight rates that much hig ...


   1174 1175 1176 1177 1178   
Showing 5876 to 5880 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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