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

Thursday, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...


Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad. &ld ...


Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...


Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T * Talks between individual power firms and miners ongoing South Korean utilities ...


Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
  A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...


   1334 1335 1336 1337 1338   
Showing 6676 to 6680 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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