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
Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS


It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm however, so a big slide was not expected in the short term. In the coal market, South Africa’s Richards Bay terminal confirmed a sharp rise in Asian exports, which rose to 42% of total shipments in the first quarter of this year, up from 25% a year earlier – due mainly to Chinese and Indian demand. In Europe, Thyssenkrupp became the first European buyer to confirm it had agreed an iron ore price on a quarterly basis. In line with the Japanese contracts, it also reported a 100% price increase, back-dated to April 1. Meanwhile China confirmed steelmaker Pangang Group would be combined with Angang Steel and Benxi Iron and Steel. The merger will create the country’s largest steel group. 

Supra/Handy 

The Handy/Supramax markets stayed firm and stable in the Atlantic throughout the week, while in the Pacific basin the market was also healthy but with less activity and a softening tendency. Supramaxes from West Africa were fetching close to US$ 30,000 per day for trips via ECSA to Continent and closer to low US$ 40,000s for trips out to the East.  The USG and ECUS also remained very firm with trips USG to the Med paying in the high US$ 40,000s, and above US$50,000 for trips out. Scrap cargoes from the Continent to the Med are paying Supramax units in the low US$ 30,000s TC equivalent.

The transatlantic round on Supramax was negociated in the low US$ 30,000s level towards the end of the week. Looking at the Pacific market now, India softened during the week with WC stems to China paying in the very low US$ 30,000s TC equivalent on large units and about the same levels from EC India. Supras for Richards Bay rounds back to India were paying in the mid/high US$ 20,000s and it is becoming difficult to persuade owners to finish trips in WC India with Monsoon kicking in.

Nopac and Aussie rounds saw larger units fixed in the low-mid US$ 20,000s, while Indonesia/India and Indo/China rounds were fixed closer to mid US$ 20,000s level depending on delivery point. There were few short period candidates in the Far East but large Supras are seeing close to mid US$ 20,000s levels.  

Panamax

A continued slump in the market saw rates slip further on the week. The BPI fell 7% to finish the week at 3,757 points, while the four time charter average closed at US$ 30,239. The Atlantic lacked any fresh enquiry and although there was a clear-out of early tonnage, rates remain under pressure for now, although charterers with stems ex north Continent found tonnage a lot more positional. In the Pacific, the South American grain market continued to serve tonnage out east but again here rates had slipped to around US$ 28,000. The Australia and north Pacific round voyages too came off with less fresh enquiry and deals were being fixed at close to the US$ 30,000 mark. The longer term period market saw a 12 month deal concluded with delivery in the east for prompt dates at a steady US$ 28,000 level.

Capesize

An 8% leap in the four time charter average this week, with rates finishing the week at US$ 28,441. The rise was mainly achieved on the back of strong Atlantic rates where activity picked up noticeably. There was again little period business although a 177,000 dwt vessel ex yard in May was reported fixed at 2 years for US$ 31,500. The market will continue to watch what impact the new, higher commodity prices will have on demand. The BCI inched up 39 points on Monday, with some expectations of a further increase this week.   
Source: BRS Dry Bulk



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

Recent News

Wednesday, 29 October 14
GOOD REASON WHY Q4 CAPESIZE OUTLOOK WAS SO BULLISH AT START OF THE YEAR - COMMODORE RESEARCH
COALspot.com: There was good reason why so many analysts' capesize outlook for Q4 was so very strong at the start of this year.  Brazilian ...


Tuesday, 28 October 14
SGX'S FOB RICHARDS BAY COAL SWAP FOR DELIVERY Q1' 2015 CLOSED AT $ 68.07 ON 24 OCT
COALspot.com: API 4 FOB Richards Bay coal swap for Q4’ 2014 delivery decreased US$ 0.65 (-0.96%) month over month and increased US$ 1.79 (+2. ...


Tuesday, 28 October 14
SUB-BIT FOB INDONESIA COAL SWAP FOR Q1' 15 DELIVERY CLOSED 3.68% LOWER MONTH ON MONTH
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 lost month on month and gained day on day and week on week. The swap has lost US ...


Monday, 27 October 14
GOVT PROMISES TO EASE LICENSING PROCEDURES IN MINING SECTOR - THE JAKARTA POST
The Energy and Mineral Resources Ministry’s directorate general for mineral and coal plans to simplify the complicated licensing procedures i ...


Monday, 27 October 14
FOB NEWCASTLE COAL SWAP FOR Q1' 15 DELIVERY CLOSED $ 0.10 LESSER THAN Q4' 14 CLOSING OF $ 53.27 PMT
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2014 delivery decreased US$ 1.43 (-2.61%) month over month and increased US$ 0.05 (+0.09% ...


   680 681 682 683 684   
Showing 3406 to 3410 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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