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
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR


COALspot.com:
The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.

The BDI was up by 7.72 pct last week whereas Cape and Panamax was almost up by 12 pct. The Supramax and Handy size moved up only marginally by 0.86 pct and 3.27 pct respectively. Overall the futures saw a strong recovery. However towards end of the week the futures seemed soft. The iron ore prices and steel prices seems to be picking and showing signs of recovery. Seems the market would be fairly stable/firm balance period for 2010. 

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
1967
1826
141
7.72
Baltic Cape Index
1922
1708
214
12.53
Baltic Panamax Index
2632
2362
270
11.43
Baltic Supra Index
1760
1745
15↑
0.86
Baltic Handy size Index
1010
978
32 ↑
3.27
As of 30 July 2010


The average charter hire was at Cape/$ 14965 per day, Panamax/$ 21155 per day, Supramax/$ 18401 per day and Handy size/$ 14828 per day.

The Supramax index in the Fareast (S6 route) was up only by $ 294 per day and closed at $ 18,171 per day. The  ECI/China (S7) route also increased by  $ 700 per day and closed at $ 16,927 per day . The S6 and S7 routes seemed to be slightly soft this week compared to previous week.

The futures for three years (2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 26,000 per day, Panamax/$ 21,155 per day, Supramax/$ 18,000 per day, Handy size/$ 13,500 per day.

Short period and one year period rates for Supramax vessels was around $ 21-22,000 per day with delivery feast.

The congestion in EC Australian ports was at 126 vessels this week (last week 123 vessels ). The vessels waiting at main coal loading ports were at Hay point/7, DBCT/63, Gladstone/1, Abbot Point/1, New Castle/52 vessels, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting reduced to 27 vessels (last week 33 vessels).   

The waiting at majority of Indian ports for coal vessels was quite normal around 3/4 days excepts some ports up to 6/7 days.

The Brent crude prices was firm up at $ 78.24 per barrel (last week $ 77.57 per barrel). However the bunker prices was almost at same levels IFO ex. Singapore and was at $ 445.50 pmt (IFO 380 cst ex Singapore) on 30th July 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

Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...


Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...


Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...


Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...


Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...


   1161 1162 1163 1164 1165   
Showing 5811 to 5815 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 ...

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