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, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...


Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...


Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...


Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...


Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A  joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...


   1197 1198 1199 1200 1201   
Showing 5991 to 5995 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 ...

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