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

Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks. Bank of Tokyo Mitsubishi ...


Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...


Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...


Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy. Shareholders will get a combine ...


Monday, 19 April 10
PLN TO OPERATE COAL MINES IN BID TO FUEL POWER PLANTS
The Jakarta Globe reported that, state electricity utility PT Perusahaan Listrik Negara said on Sunday that it aimed to take over operation of small ...


   1173 1174 1175 1176 1177   
Showing 5871 to 5875 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 ...

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