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, 16 September 12
GLOBAL LOW DEMAND ; INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS DIP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 1.345 percent W-O-W on Friday, 14 September 2012, closing but gai ...


Sunday, 16 September 12
THE FREIGHT RATES FROM INDONESIA TO INDIA EXPECTED TO BE STEADY - VISTAAR
COALspot.com - The freight market was  mixed with most indices closing positive except for the Panamax index. The main sentiment seems to be ...


Saturday, 15 September 12
FINANCE MINISTRY OPPOSES TAX INCENTIVE PLAN FOR COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry has turned down the idea of providing a fiscal incentive to the country’s coal mining ind ...


Friday, 14 September 12
DRY BULK MARKET LOOKS TOWARDS CHINA FOR SOME POSITIVE NEWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market freight rates submerged underwater for a large part of the year, dry bulk owners are looking for some positive enhancement ...


Friday, 14 September 12
GOVT OFFERS CONDITIONAL TAX HOLIDAY TO AILING COAL MINERS - JP
The Jakarta Post, one of the leading English news paper in Indonesia reported that, acknowledging difficulties encountered by coal miners due to a p ...


   913 914 915 916 917   
Showing 4571 to 4575 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 ...

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