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

Thursday, 21 July 11
DRY BULK RATES EDGE FURTHER DOWN ON WEAK MARKET SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell once again on Wednesday marking the ninth straight day of losses. The industry’s benchmark, the Baltic Dry Index (BDI ...


Wednesday, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...


Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...


Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...


Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
  COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...


   1035 1036 1037 1038 1039   
Showing 5181 to 5185 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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