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

Tuesday, 29 October 13
NEWCASTLE PORT SHIPPED 12.29 PER CENT MORE COAL W-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 12.29 per cent week on week to 3.61 million mt for ...


Monday, 28 October 13
API 8 CFR SOUTH CHINA COAL FOR Q3'14 DELIVERY LOST ON D-D,W-W & M-M
COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.22 percept M-M on Friday 25 October 2013. The CFR South China Co ...


Monday, 28 October 13
COAL SWAP FOR Q3' 2014 DELIVERY LOST ON D-D, W-W AND M-M
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery gained 0.46 percept  month on month on Friday 25 October 2 ...


Saturday, 26 October 13
PANAMAX CHARTER RATES FROM INDONESIA TO INDIA STAY FIRM - SOLYM
COALspot.com: The freight market showed tendency of softness with Cape and Panamax futures and physical soft. The BDI was down by 12 pct week end ...


Saturday, 26 October 13
DRY BULK MARKET KEEPS ON RETREATING, BUT NEW BUILDING ORDERS KEEP ON PILING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market kept on retreating this week, with the industry's benchmark, the Baltic Dry Index (BDI) falling to 1,708 points, down 78 on the ...


   807 808 809 810 811   
Showing 4041 to 4045 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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