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
Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR


COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an experienced ship operator in Singapore.

Even though the cape index showed gains beginning of the week , but started to soften towards second half of the week and the index closed at 3,844 points down by 2.04 pct.

The BDI was down by 5.74 pct and closed at 3,844 points. The most affected was Panamax and Supramax category with indices softening by almost 8 pct and closed at 3,878 points and 2,741 points.

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
3844
4078
234   ¯
-5.74
Baltic Cape Index
5110
5217
107   ¯
-2.05
Baltic Panamax Index
3878
4247
369   ¯
-8.69
Baltic Supra Index
2741
2982
241  ¯
-8.08
Baltic Handy size Index
1426
1477
51  ¯
-3.45
As of 4 June 2010

The handy size index was down by 3.45 pct and closed at 1,426 points. The market seems heading for some correction at least for the time being as the steel demand seems to be softening and having affect on iron ore demand. Spot vessels will willing to fix at low rates compared to previous weeks as there were not many firm orders out of Indonesia and Australia.

The average charter hire was at Cape/US$ 55,010 per day, Panamax/ US$ 31,118 per day, Supramax/ US$ 28,662 per day and Handysize/ US$ 20,703 per day.

The Supramax index in the Fareast (S6 route) was down by US$ 2,120 per day and closed at US$ 24,114 per day. The  ECI/China (S7) route continued to softened and was down by  US$ 3188 per day and closed at US$ 24,042 per day . The downward trend for S6 and S7 route is likely to continue next week also.

The futures for three years (2010-2012) was at around Cape/ US$ 31,000 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 118 vessels this week (last week 128 vessels ). The vessels waiting at main coal loading ports were at Hay point/12, DBCT/56, Gladstone/12, Abbot Point/Nil, New Castle/37 vessels, Port Kembla/1 vessel. On the WC Australia iron ore vessels waiting was down to 27 vessels (last week 42 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 to US$ 71.71 per barrel (last week US$ 74.14 per barrel). The was slightly firm this week and closed at US$ 443 pmt (ifo 380 cst ex Singapore) on 4th June 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

Saturday, 14 August 10
INDONESIAN THERMAL COAL PRICES EXPECTED TO MOVE UP IN SEPTEMBER 2010 - CHAIRMAN ICMA
COALspot.com: Indonesian Coal Mining Association is expecting, the Indonesian and international coal prices will increase, and will be reached ...


Thursday, 12 August 10
ETA STAR INDIA PUTS FORWARD COAL MINING PLAN FOR TETE, MOZAMBIQUE, IN 2011
ETA Star India Projects Pvt, which is carrying out coal prospecting and surveying work in the Moatize coal region, in Tete province, will present it ...


Thursday, 12 August 10
SUPRAS WERE FIXED IN THE MID/HIGH TEENS FOR INDO-INDIA TRIPS - FEARNBULK
Handy Activity is gradually picking up in the Atlantic with more enquiries seen for short period tonnage for the end of August. With the grain sea ...


Thursday, 12 August 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 94.86 FOR AUGUST 2010 SUPPLIES
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...


Wednesday, 11 August 10
BRAZILIAN GIANT VALE LOOKING TO BOOST ITS COAL OUTPUT
BRAZILIAN mining giant Vale is not content with being the world's largest iron ore miner. The miner is banking on ambitious growth plans to see it ...


   1132 1133 1134 1135 1136   
Showing 5666 to 5670 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 ...

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