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
Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL


It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdown have seen charter rates for large dry bulk ships go into freefall as iron ore cargoes evaporated Shipbrokers said a dearth of coal cargoes and an oversupply of large ships had also contributed to the slump in rental prices.

Charter rates for large dry bulk capesize vessels of around 180,000 deadweight tonnes are down to their lowest level for 14 months. The crash has been so swift that shipowners and operators have lost around USD 270,000 in revenue in the past week on a voyage from Australia to China and more than USD 800,000 on a Brazil to China voyage.

Shipowners would generate revenue of about USD 1.17 million from an Australia-China voyage based on the prevailing rate recently compared with USD 1.44 million last Thursday.

Shipbrokers said rates for a large capesize vessel were on a par with those for a handysize ship that had a cargo carrying capacity that was almost six times smaller. Observers thought the slump would continue until at least the end of August.

Shipbrokers said mainland iron ore traders had been largely absent from the chartering market for large vessels for the past two months. This became apparent after preliminary customs figures showed the mainland imported 47.17 million tonnes of iron ore in June, down 9.1% from the 51.9 million tonnes in May and down 15%YoY. The May import figure was also down by 6pct MoM.

Customs said the mainland brought in 309.3 million tonnes of iron ore in the first six months of 2010 up by 4.1%YoY.
Source: CargoNewsAsia / Hellenic Shipping



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

Recent News

Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 bil ...


Friday, 01 October 10
COAL TRADERS POWER FOREIGN ASSET BUYS - ECONOMIC TIMES
Economic Times reported that, the rush to own coal assets is leading to innovative alliances. are teaming up with utilities like , Reliance Power an ...


Thursday, 30 September 10
LOW CALORIFIC VALUE COAL MAY BE SOLD BELOW COAL REFERENCE PRICE IN INDONESIA
COALspot.com: Indonesia, the world’s largest coal exporter has issued another ministerial decree to regulate the selling price of coal of Indo ...


Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and t ...


Thursday, 30 September 10
THE PANAMAX CONTINUED ITS DOWNWARD TREND FROM LAST WEEK - FEARNBULK
HANDY Activity remains slow this week combined with a lack of fresh enquiry and tonnage over-supply in the Atlantic. Indexes are all negative exce ...


   1116 1117 1118 1119 1120   
Showing 5586 to 5590 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 ...

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