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, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR


Vistaar LogoCOALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.46 pct and closed at 3288 points.

“I will be interesting to see if the BDI would drop below 3000 points barrier”, said Capt. Reddy, an experienced ship operator in Singapore. 

The Panamax and Supra max was also quite soft and was down by 13.33 pct and 12.08 pct respectively. The handy size index was down by 6.52 pct and closed at 1333 points. The downward trend seems to continue and seems next week also will be soft.

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
3288
3844
556¯
-14.46
Baltic Cape Index
4276
5110
834¯
-16.32
Baltic Panamax Index
3361
3878
517¯
-13.33
Baltic Supra Index
2410
2741
331 ¯
-12.08
Baltic Handy size Index
1333
1426
93 ¯
-6.52
As of 11 June 2010


Spot vessels opening feast have been under pressure. However short period rates for supra max were fixed at US$ 22000 per day.

The average charter hire was at Cape/US$ 44244 per day, Panamax/US$ 27023 per day, Supramax/US$ 25201 per day and Handy size/US$ 19421 per day.

The supramax index in the Fareast (S6 route) was down by US$ 3696 per day and closed at US$ 20418 per day. The  ECI/China (S7) route continued to softened and was down by US$ 2911 per day and closed at US$ 21131 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$ 29000 per day, Panamax/US$ 20500 per day, Supra max/US$ 17500 per day, Handy size/US$ 14000 per day.

The congestion in EC Australian ports was at 113 vessels this week (last week 118 vessels ). The vessels waiting at main coal loading ports were at Hay point/11, DBCT/53, Gladstone/6, Abbot Point/Nil, New Castle/42 vessels, Port Kembla/1 vessel. On the WC Australia iron ore vessels waiting was down to 27 vessels (last week 27 vessels). 

The waiting at Indian ports for coal vessels was quite normal around 3/4 days, however Paradip and Haldia was getting congested.

The Brent crude prices was up at US$ 74.72 per barrel (last week US$ 71.71 per barrel). The bunker prices was at US$ 439.50 pmt (ifo 380 cst ex Singapore) on 11th 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, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points. B ...


Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank. The effort was ...


Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...


Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...


Thursday, 05 November 09
MERCATOR LINES AIMS TO BECOME A $5 BILLION COMPANY
Mercator Lines, India’s second largest private sector shipping line, plans to invest and expand, riding India’s next wave of growth, the ...


   1252 1253 1254 1255 1256   
Showing 6266 to 6270 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 ...

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