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, 23 July 10
KOWEPO TO IMPORT ADDITIONAL 1.2 MILLION TONS OF INDONESIAN COAL WITHIN 5 MONTHS
 Korea Western Power Company Limited has finalized around 1.2 million tonnes of  Indonesian origin of coal last week. According to  K ...


Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...


Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...


Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...


Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...


   1140 1141 1142 1143 1144   
Showing 5706 to 5710 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 ...

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