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

Monday, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...


Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. T ...


Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...


Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...


Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...


   1139 1140 1141 1142 1143   
Showing 5701 to 5705 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 ...

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