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
Friday, 25 June 10
DEMAND FOR COAL COULD BE GRADUALLY RETURNING - FEARNBULK


Handy
Atlantic markets seeing more activity today (23 June 2010) after a slump the last weeks. Supramax vessels open in USG are achieving low/mid 30´s to the Med and high 40´s to the FEast. Handymax tonnage ex BSea achieving low 20´s fronthaul and Supras low/mid 30´s.

Nevertheless there are surely positive signs of much more fresh enquiries for the next weeks ex NCSA/USG/ CONTINENT. The immediate outlook is for recovering conditions and remains optimistic about future prospects. Last week we experienced the biggest weekly drop in BDI since October 2008. NoPac RV fixed at 20K with similar numbers for Indo RV´s, vessels opening N. China. Low to mid 20´s for ECI/FEast.

Period rates are early/mid 20´s for delivery end June/ July dates. With high season of thermal coal we hope to see the Pacific market stabilise as China imports of thermal coal pick up but there is still decreasing steel demand meaning coking coal and iron ore global imports continue to be low.

Panamax
After a substantial dive on Panamax freight rates in both basins the market seems to level out and possibly enter a turning point mid week. Demand for coal could be gradually returning but overall not enough coal, iron ore, and grains to bring the market back to new highs yet.

Congestion on the ease and new buildings keep coming into the market. However, owners are back to the hold-and-wait attitude although the amount of fresh requirements is not exactly overwhelming. Atlantic rounds fixed at mid/upper 20´s, fronthaul 36k or considerably higher for prompt Continent grain buiz. The Pacific is still in the low 20´s although short Indo rounds may reach closer to mid 20 ´s.

The period market is showing signs of recovery with short period fixtures climbing to 25k from low 20´s hand in hand with the FFA market also getting some more buying interest.

Capesize
Challenging times for the biggest ships as spot demand presently not matching flow of early units. The Atlantic is struggling in particular, as fronthaul cargoes for July dates are few and far between. Ballasters from FEast are plentiful, and consequently the Tubarao/Qingdao conference trade has fallen by usd 3.50 pmt/usd 14k per day to present usd 37k.

The W.Aust/ China trade is on a similar track, with daily earnings for Pacific rounds cut by more than 30% to come in at below usd 20k. Although no sign of recovery evident, numerous major players considering present levels temporary and thus willing cough up upto almost 50% hire premiums for tonnage willing short period.
Source: FEARNRESEARCH



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...


Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...


Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...


Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct. The BD ...


Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...


   1152 1153 1154 1155 1156   
Showing 5766 to 5770 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 ...

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