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

Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...


Monday, 22 September 14
CFR SOUTH CHINA COAL SWAPS LOST ON DAY, WEEK AND MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 3.10 (-4.50%) month over month and $ 0.95 PT MT week over ...


Monday, 22 September 14
INDONESIAN COAL SWAPS LOST WEEK ON WEEK AND MONTH OVER MONTH
COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.35 (+0.69%) day on day and lost US$ 0.30 (-0.58%) per mt week on week. ...


Sunday, 21 September 14
CAPE INDEX LOST 17% W-O-W ; BALTIC DRY PLUNGES 106 POINTS
COALspot.com: This week the freight market softened a bit compared to last week. BDI fell 8.97% week on week and closed BDI at 1075 points on ...


Friday, 19 September 14
U.S. WEEKLY COAL PRODUCTION RELATIVELY FLAT AT +0.1% - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...


   694 695 696 697 698   
Showing 3476 to 3480 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 ...

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