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
Saturday, 08 May 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND PANAMAX / $ 21500 & SUPRAMAX / $ 18500 PER DAY - VISTAAR SHIPPING


COALspot.com: The BDI continued to go up and was up by 7.57 pct even though the stock markets was severely affected with worries on Greek debt crisis. All other sectors also was up with cape index up by 10.47 pct , however less than last week which was up by 21.55 pct. Panamax , Supramax and Handy size also was up by 4.15 pct. 6.37 pct and 4.13 pct respectively.

The effect of new deliveries seems not having any affect and all the vessels are being  absorbed. China's iron ore and coal imports continues to be firm and the sourcing is being done from places like Indonesia ,Colombia, and Russia.

The period activity continued to be active in Cape and Panamax sectors. Capsize size vessel for short period reported fixed at around US$ 34,000 per day and Panamax vessels reported fixed for one year at US$ 27,000 per day  and short period at US$ 30/32,000 per day y . Supramax Short period rates continued to be firm and were fixed at around US$ 27,000 per day  and one year was seen fixed at around US$ 23,000 per day.

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
3608
3354
254
7.57
Baltic Cape Index
4348
3956
412
10.47
Baltic Panamax Index
4062
3900
162
4.15
Baltic Supra Index
2888
2715
173
6.37
Baltic Handy size Index
1412
1356
56
4.17
As of 7 May 2010


The average charter hire was at Cape / US$ 43,686 per day y, Panamax / US$ 32,679 per day , Supramax / US$ 30,196 per day  and Handy size / US$ 20,616 per day.

The Supramax index in the Fareast (S6 route) quite firm and was by US$ 1,706 day and closed at US$ 23,345 per day. The ECI/China (S7) route also firmed up by US$ 1,873 per day  and closed at US$ 31,904 per day .

The futures for three years (2010-2012) was at around Cape / US$ 30,000 per day , Panamax / US$ 21,500 per day , Supramax / US$ 18,500 per day , Handy size / US$ 14,500 per day .

The congestion in EC Australian ports reduced to 113 vessels this week (last week 123 vessels ).

The vessels waiting at main coal loading ports were at Hay point/2, DBCT/63, Gladstone/9, Abbot Point/3, New Castle/34 vessels, Pot Kembla/2 vessels. On the WC Australia iron ore vessels waiting also reduced to 19 vessels (last week 22 vessels).   

The waiting at Indian ports for coal vessels was quite normal around 2/3 days except and congestion situation improved 3/4 days.

The Brent crude prices dropped this week by US$8.81 per barrel and closed at US$ 78.51 per barrel (last week US$ 87.38 per barrel). The  prices of bunkers was also soft and was down at US$ 473.00 pmt (ifo 380 cst ex Singapore) on 7th May 2010.

CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542  MT of coal in April  2010, compare to 27.61 million tons in ...


Monday, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments ...


Monday, 17 May 10
GREEK CRISIS TO SEE FREIGHT RATES FALL BANGKOK POST
The Greek debt crisis will likely cause shipping rates to fall this quarter enabling SET-listed Precious Shipping Plc to buy second-hand vessels at ...


Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of it ...


Sunday, 16 May 10
THREE FIRMS SHORTLISTED FOR CIL'S $ 2BN OVERSEAS PROJECTS - ECONOMIC TIMES
Economic Times reported that, State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/S ...


   1165 1166 1167 1168 1169   
Showing 5831 to 5835 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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