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, 22 December 13
QUIET FREIGHT MARKET DUE TO LONG HOLIDAYS
COALspot.com: The market was soft this week with all indices down. However towards second half of the week the futures on segments was firming up. ...


Friday, 20 December 13
US PRODUCED 2.71% MORE COAL WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal in ...


Friday, 20 December 13
DRY BULK MARKET SLUMPS AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As has been the case in recent years, the dry bulk market has been on a downward trend ahead of the Holiday Season for a large part of the world. Th ...


Thursday, 19 December 13
SHIPPING CONFIDENCE HITS THREE-YEAR HIGH - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 201 ...


Wednesday, 18 December 13
SNP ACTIVITY IN CHINA SEEMS TO BE SLOWING DOWN - CHRISTOS TRAGEAS
Approaching the end of the year, SnP activity in China seems to be slowing down in comparison to the first half of this quarter, as most Chinese Shi ...


   788 789 790 791 792   
Showing 3946 to 3950 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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