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

Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...


Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...


Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...


Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...


Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...


   1051 1052 1053 1054 1055   
Showing 5261 to 5265 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 ...

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