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, 13 August 13
AUSTRALIA NEWCASTLE COAL EXPORTS JUMP 30.61 PERCENT ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 30.61 per cent week on week to 2.95 million mt for ...


Monday, 12 August 13
GBCE SUCCESSFUL IN UPGRADING LOW RANK INDONESIAN COAL ON INDUSTRIAL SCALE
COALspot.com : GB Clean Energy Ltd. (GBCE) has annoused that, the company has successfully upgraded 2,426 tonnes of low rank 4,018 kcal NAR Ind ...


Monday, 12 August 13
INDIA - SAFE SHIPMENT OF IRON ORE FINES FROM INDIAN PORTS - WEST OF ENGLAND P&I CLUB
As Members may be aware, in 2009 two ships, the ‘Asian Forest’ and the ‘Black Rose’, capsized and sank following the liquefa ...


Sunday, 11 August 13
INDONESIAN COAL SWAPS : FLAT ON DAY
COALspot.com –  Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery flat on day due to holidays in Indonesia, Malaysia & ...


Sunday, 11 August 13
SUPRAMAX FREIGHT RATES FROM INDONESIA TO INDIA CONTINUED TO BE SOFT - VISTAAR
COALspot.com : The freight market was soft this week with all indices down , the reason could be long weekend holidays in Indonesia, Singapore and M ...


   832 833 834 835 836   
Showing 4166 to 4170 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 ...

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