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, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...


Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...


Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...


Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...


Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
  COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...


   1031 1032 1033 1034 1035   
Showing 5161 to 5165 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 ...

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