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

Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...


Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major s ...


Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to  award 300,000 MT of coal supply contract to Nehel General Trading of India.  Tamil Nadu state undertaking , Tamil N ...


Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...


Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...


   1131 1132 1133 1134 1135   
Showing 5661 to 5665 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 ...

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