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, 11 March 13
SUB-BIT FOB INDONESIA COAL SWAPS FELL 1.41 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 1.41percent and CFR South China coal shipment  ...


Sunday, 10 March 13
INDIA - INDONESIA SUPRAMAX FREIGHT : FIRM TREND
COALspot.com – This week freight market was raised and remained firm in all segments. The BDI was up by 6.70 pct closed at 843 points,  ...


Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state&rsqu ...


Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY
COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordin ...


Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
COALspot.com -  The Indonesian government has declared bench mark price for coal has moved upwards in March 2013. The monthly coal reference ...


   870 871 872 873 874   
Showing 4356 to 4360 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 ...

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