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

Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...


Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...


Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...


Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...


Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct. The BD ...


   1152 1153 1154 1155 1156   
Showing 5766 to 5770 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 ...

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