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

Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...


Wednesday, 15 December 10
SMALLER DRY BULK VESSELS ARE LOOKING UP, LARGER ONES FAIL TO DELIVER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground at the beginning of the week, in what could prove one of the slowest periods ship owners have been faced. Ye ...


Tuesday, 14 December 10
COAL IMPORTS MAY INCREASE 78% TO CHINA, INDIA: ENERGY MARKETS - BUSINESS WEEK
Business Week reported that, China and India may increase imports of coal by 78 percent to 337 million metric tons next year, further driving up pri ...


Tuesday, 14 December 10
BANPU PLANNING PRODUCTION BOOM - BANGKOK POST
Australian, Indonesian output to lead growth Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, wants to nearly double its coal ...


Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY
COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points  and closed at 2,694 poi ...


   1097 1098 1099 1100 1101   
Showing 5491 to 5495 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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