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

Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In  May 2010 the BDI touched ...


Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...


Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...


Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...


Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia  reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...


   1082 1083 1084 1085 1086   
Showing 5416 to 5420 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 ...

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