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, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR


COALspot.com:
The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 pct closing at 2194 points. The panamax and Supramax was slightly down by 1.94 pct and 1.65 pct respectively, whereas handy size index was down by 3.56 pct.

Towards the end of the week the market seemed to be firmer with all the futures ending firmer. Chinese iron ore and coal imports are expected to improve towards fourth quarter 2010. The indian coal imports are likely to continue to be strong and will play an important part in keeping the freight market firm.

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
2030
1967
63
3.2
Baltic Cape Index
2194
1922
272
14.15
Baltic Panamax Index
2581
2632
51
-1.94
Baltic Supra Index
1731
1760
29
-1.65
Baltic Handy size Index
974
1010
36
-3.56
As of 6 August 2010
 


The average charter hire was at Cape/$ 18422 per day, Panamax/$ 20733 per day, Supramax/$ 18096 per day and Handysize/$ 14307 per day.

The supramax index in the Fareast (S6 route) was down by $ 540 per day and closed at $ 17631 per day. The ECI/China (S7) route was also increased by $ 1192 per day and closed at $ 18119 per day. The S6 and S7 routes are likely to be steady/firm.

The futures for three years(2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 26000 per day, Panamax/$ 21000 per day, Supramax/$ 18500 per day, Handy size/$ 13500 per day. Short period and one year period rates for Supramax vessels were around $ 20-21000 per day with delivery feast.

The congestion in EC Australian ports was at 124 vessels this week (last week 126 vessels). The vessels waiting at main coal loading ports were at Hay point/6, DBCT/65, Gladstone/5, Abbot Point/3, New Castle/43 vessels, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting further reduced to 17 vessels (last week 27 vessels).   

The waiting at Indian ports for coal vessels was quite normal around 3/4 days.

The Brent crude prices was firm touching above $ 82 per barrel and closed at $ 80.39 per barrel (last week $ 78.24 per barrel). The bunkers prices also firmed up by about $ 20 pmt and prices ex Singapore and was at $ 465.50 pmt (IFO 380 cst ex Singapore) on 6th August 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, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly ...


Tuesday, 13 September 11
CAPITAL COSTS OF INDIAN COAL MINING PROJECT - AN ANALYST VIEW
By Mr Dipesh Dipu, Director - Consulting (Mining), Deloitte Touche Tohmatsu India Private Limited The coal mining sector that has been opened par ...


Tuesday, 13 September 11
INDONESIAS COAL SECTOR EYES 2012 BOOM - JG
The Jakarta Globe, Indonesian English language News paper reported that, Coal production is set to surge next year as coal miners bolster their busi ...


Tuesday, 13 September 11
DRY BULK RALLY MAINTAINS MOMENTUM AT START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum at the start of the week, as the industry’s benchmark, the Baltic Dry Index (BDI) was up by 2.07% ...


Monday, 12 September 11
INDONESIAN GOVERNMENT HAS ALLOCATED MORE COAL FOR 2012
COALspot.com - Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 perc ...


   1016 1017 1018 1019 1020   
Showing 5086 to 5090 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 ...

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