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 August 14
INDIAN GOVERNMENT SHOULD TAKE NOTICE: THERMAL COAL IMPORT PRICES EXTREMELY LOW - COMMODORE RESEARCH
COALspot.com: Both Indonesian and Australian thermal coal prices are at the lowest levels seen this decade, with Indonesia's monthly benchmark ...


Saturday, 30 August 14
RECOVERY IN SIGHT FOR THE DRY BULK SHIPPING MARKET - DREWRY SHIPPING CONSULTANTS
Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities ...


Friday, 29 August 14
U.S. WEEKLY COAL PRODUCTION DROPS 1.3 PERCENT, EIA SAYS
COALspot.com – United States the world's second largest coal producer, produced approximately 19.40 million short tons (mmst) of coal in ...


Friday, 29 August 14
ADARO'S PROFITS SINK FURTHER AMID FALL IN COAL PRICES - JP
Adaro Energy, one of the country’s largest coal miners, has reported a 31 percent drop in net profit in the first half of this year as global ...


Friday, 29 August 14
CHINESE LIGNITE IMPORTS: QUANTITY OVER QUALITY? - CLARKSONS
In the first half of 2014, Chinese seaborne coal imports declined 0.4% y-o-y to 148mt, largely reflecting a 3.3% fall in imports of steam coal. Mea ...


   702 703 704 705 706   
Showing 3516 to 3520 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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