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, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY


COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.

The other sectors were under pressure and the Panamax/Supramax and Handy size index was down by 7.19 pct , 3.65 pct and 2.57 pct respectively. The market seems to be stabilizing and the firmness which was seen in the Panamax and Supramax sector for last couple of weeks has weakened.

"Overall with the financial markets in turmoil the market has been very unsteady. It appeared that the cargo stems out of Indonesia and Australia were less", said Capt. Reddy, MD of Vistaar Shipping, Singapore.

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
4078
3844
234
6.09
Baltic Cape Index
5217
4317
900
20.85
Baltic Panamax Index
4247
4576
329 ¯
-7.19
Baltic Supra Index
2982
3095
113 ¯ 
-3.65
Baltic Handy size Index
1477
1516
39 ¯ 
-2.57
As of 28 May 2010


The average charter hire was at Cape/US$ 57,095 per day, Panamax/ US$ 34,083 per day, Supramax/ US$ 31,176 per day and Handy size/ US$ 21,408 per day.

The Supramax index in the Fareast (S6 route) was down by US$ 696 per day and closed at US$ 26,234 per day. The  ECI/China (S7) route softened by US$ 4,179 per day and closed at US$ 27,200 per day and is likely to soften further.

The futures for three years (2010-2012) was at around Cape/ US$ 32,000 per day, Panamax/ US$ 21,500 per day, Supramax/ US$ 19,000 per day, Handy size/ US$ 14,000 per day.

The congestion in EC Australian ports was at 128 vessels this week (last week 117 vessels ). The vessels waiting at main coal loading ports were at Hay point/14, DBCT/63, Gladstone/11, Abbot Point/Nil, New Castle/16 vessels, Port Kembla /1 vessel. On the WC Australia iron ore vessels waiting increased to 42 vessels (last week 26 vessels). 

The waiting at Indian ports for coal vessels was quite normal around 3/4 days except that congestion starting to increase at Visakhapatnam and Haldia in addition to Paradip.

The Brent crude prices was slighlty up at US$ 74.14 per barrel (last week US$ 71.72 per barrel).  The  prices of bunkers was quite soft during later part of the week  and closed at US$421 pmt (IFO 380 CST ex. Singapore) on 28th  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, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK Handy Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect  some  fresh  enquiries  f ...


Thursday, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...


Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...


Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
  Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...


Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...


   1156 1157 1158 1159 1160   
Showing 5786 to 5790 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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