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

Tuesday, 25 June 13
NEWCASTLE PORT SHIPPED OUT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 3,101,378 tons of coal for the week ended  0700 hours 24 June 2013, Newcastle Port Corp. ...


Monday, 24 June 13
INDONESIA COAL SWAP FOR AUGUST 2013 DELIVERY GAINS WEEK ON WEEK
COALspot.com –  Coal prices for immediate supply contracts have started moving up, but prices for next year supply shows a negative trend ...


Sunday, 23 June 13
BDI CROSSED ITS PSYCHOLOGICAL BARRIER THIS WEEK - VISTAAR
COALspot.com : The BDI crossed the psychological barrier of 1000 points after many months and closed at 1,027 points, which were up by 14.11 pct wee ...


Sunday, 23 June 13
SHIP PRICES NOT FOLLOWING FREIGHT MARKET FUNDAMENTALS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Although it's been the case in many occasions in the past, it appears that ship prices haven't been quite following freight market fundamentals, i ...


Friday, 21 June 13
U.S. COAL PRODUCTION INCREASED WEEK ON WEEK, EIA SAYS
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 19.70 million short tons (mmst) of ...


   846 847 848 849 850   
Showing 4236 to 4240 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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