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

Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal * Chinese owner must list the assets on Australian exchange Reuters reported that, ...


Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...


Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said. The proposed Balaclava ...


Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...


Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much. The upward re ...


   1261 1262 1263 1264 1265   
Showing 6311 to 6315 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 ...

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