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

Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...


Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...


Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...


Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...


Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...


   1190 1191 1192 1193 1194   
Showing 5956 to 5960 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 ...

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