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, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 20 ...


Saturday, 30 April 11
THE PANAMAX WAS THE BIGGEST GAINER
COALspot.com - The freight market appeared to recover slightly after the Easter holidays. However they market may not move up much and likely to mai ...


Friday, 29 April 11
KOMIPO ISSUES TENDER FOR 710,000 MT OF LCV & HCV COAL
COALspot.com - Korea Midland Power Co. Ltd (KOMIPO) has issued a spot supply tender for supply of total 710,000 MT of thermal coal for delivery betw ...


Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) ...


Friday, 29 April 11
CHINA'S IMPORTS 27 PERCENT LESS COAL IN Q1 2011 - ICAP SHIPPING
ICAP Shipping reported that, China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the rea ...


   1055 1056 1057 1058 1059   
Showing 5281 to 5285 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 ...

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