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

Thursday, 05 September 13
DRY BULK MARKET ON A HIGH ROLL, MAINLY THANKS TO CAPESIZE APPETITE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize owners have been rejoycing on the back of renewed optimism for the further rise in the dry bulk market's freight rates, especially when on ...


Wednesday, 04 September 13
RBCT SHIPPED 16.18 PERCENT MORE COAL IN JULY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest coal export terminal South African as well as in the world has shipped 6,162, ...


Wednesday, 04 September 13
SUPRAS AND HANDIES : INDONESIAN COAL CARGOES ARE SUPPORTING HEALTHY ACTIVITY LEVELS - INTERMODAL
The Dry Bulk market has pooled back a bit this week after firming for two weeks in a row. The BDI is s holding above 1,100 points and despite the sm ...


Tuesday, 03 September 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 22.93 PER CENT MORE COAL W-O-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 22.93 per cent week on week to 3.39 million mt for ...


Sunday, 01 September 13
COAL SWAP SHOWS MIXED TREND
COALspot.com –  Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery 1.25 percent up month on month. The swap was moved posit ...


   827 828 829 830 831   
Showing 4141 to 4145 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 ...

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