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, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...


Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable. Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...


Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...


Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...


Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...


   1279 1280 1281 1282 1283   
Showing 6401 to 6405 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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