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

Saturday, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS
Handy Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnag ...


Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman ...


Friday, 27 May 11
LARGER DRY BULK CARRIERS LEAD BDIS RALLY THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Larger dry bulk vessels have kept on leading the market’s rise this week, with the BDI (Baltic Dry Index) rising by a more than healthy 3.43% ...


Wednesday, 25 May 11
70 PERCENT OF HARUMS PRODUCTION SOLD - BISNIS INDONESIA
Coal producer PT Harum Energy Tbk claimed that out of this year's total production target of 10 million tons, 70% or 7 million tons had been sold, ...


Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would ...


   1048 1049 1050 1051 1052   
Showing 5246 to 5250 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 ...

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