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, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE


COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sector for all type of vessels. However towards end of the week appeared lose some steam", said Capt. Reddy, MD of Vistaar Shipping, Singaproe.

All other sectors also was up with cape index up by 10.49 pct ,  Panamax /6.84 pct , Supramax/6.84 pct  and Handy size/4.89 pct. The spot market behaved much higher than the index with freight rates from Indonesia to India up by 25-30 pct this week.

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
3921
3354
321
8.90
Baltic Cape Index
4804
4348
456
10.49
Baltic Panamax Index
4340
4062
278
6.84
Baltic Supra Index
3076
2888
 188   
6.50
Baltic Handy size Index
1486
1412
   69   
4.88
As of 14 May 2010


The period activity continued to be strong and Supramax for short period were fixed at almost US$ 30000 per day and one year was seen fixed at around US$ 24000 per day. It appears that the markets peaked this week and some correction expected in the coming weeks.

The average charter hire was at Cape/US$ 49931 per day, Panamax/US$ 3,4901 per day, Supramax/US$ 32,160 per day and Handy size/US$ 21524 per day.

The Supramax index in the Fareast (S6 route) quite firm and was by US$ 3,619 day and closed at US$ 26,964 per day. However the vessel were reported fixed at much higher levels at almost at US$ 28/30,000 per day. The ECI/China (S7) route also firmed up by US$ 1,123 per day and closed at US$ 33,027 per day.

The futures for three years(2010-2012) was at around Cape/US$  31,000 per day, Panamax/US$ 22,500 per day, Supramax/US$ 19,500 per day Handy size/US$ 15,000 per day.

The congestion in EC Australian ports was at 115 vessels this week (last week 113 vessels ). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/66, Gladstone/10, Abbot Point/1, New Castle/31 vessels, Pot Kembla/3 vessels. On the WC Australia iron ore vessels waiting also reduced to 24 vessels (last week 21 vessels). 

The waiting at Indian ports for coal vessels was quite normal around 2/3 days except and congestion situation improved 3/4 days except for Paradip port where berthing delays was high.

The Brent crude prices was almost at same levels as last Friday closed at US$ 78.15 per barrel (last week US$  78.51 per barrel). The  prices of bunkers was also firm during the week however closed at US$ 474.00 pmt (ifo 380 cst ex Singapore) on 14th 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

Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...


Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...


Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...


Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...


Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...


   1130 1131 1132 1133 1134   
Showing 5656 to 5660 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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