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, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points. According to Vistaar Shipping of S ...


Saturday, 20 November 10
ITALIAN STEAM COAL MARKET HAS RECOVERED - ITALIAN COAL ASSOCIATION
Press Release - This year Italy will import 17 million tons of steam coal, up 3% from 2009, and 5.5 million tons of coking coal and PCI, up 37% over ...


Friday, 19 November 10
WE'LL THINK ABOUT COAL TOMORROW - ANALYSIS
  The future of coal generation in Russia is in question. The largest energy companies have abandoned their initial plans to switch their therma ...


Friday, 19 November 10
DRY BULK MARKET ON THE ROPES WITH BDI PLUNGING TO 2,164 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the panamax markets suffering the most this week, but a ray of hope for the capesize market, which appears to be stabilizing after days of fall ...


Thursday, 18 November 10
WORLD COAL ASSOCIATION WELCOMES NEW CHAIRMAN & SHENHUA GROUP AS NEW MEMBER 17 NOVEMBER 2010
Press Release – The premier global coal industry association marks its 25th anniversary with a new Chairman and welcomes China’s lar ...


   1103 1104 1105 1106 1107   
Showing 5521 to 5525 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 ...

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