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, 31 March 13
COAL FREIGHTS ARE IN FLAT TO WEAK TREND - VISTAAR
COALspot.com - This freight market after several weeks of firming up seemed to lose steam and this week all the indices were down except for handy s ...


Friday, 29 March 13
SUB-BIT INDONESIA COAL SWAPS: UP 0.55 % WOW; CFR SOUTH CHINA COAL CONTRACT: UP 0.23 % WOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.55 percent and CFR South China coal shipment&nbs ...


Thursday, 28 March 13
SHIP OWNERS KEEN ON ACQUIRING SECOND HAND TONNAGE, AS WELL AS NEW BUILDINGS IN CONVENTIONAL SEGMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The recent rally of the Baltic Dry Index (BDI), coupled with renewed optimism, at least in some parts of the wet market, have prompted many ship own ...


Wednesday, 27 March 13
PTBA HAS CONCLUDED US$ 16.14 BILLION WORTH OF COAL SALES AND PURCHASE AGREEMENT WITH PLN
COALspot.com - PT. Bukit Asam, a 32 years old Indonesian state owned coal miner has signed a coal sales and purchase agreement with PT PLN, (a state ...


Wednesday, 27 March 13
SHIPPING CONFIDENCE REACHES HIGHEST LEVEL FOR TWO YEARS - MOORE STEPHENS
Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according ...


   865 866 867 868 869   
Showing 4331 to 4335 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 ...

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