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

Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...


Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as produ ...


Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...


Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...


Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...


   1162 1163 1164 1165 1166   
Showing 5816 to 5820 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 ...

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