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, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...


Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target. According to Irwan Budiarto analyst at Bahana Securities, US ...


Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts. The API 5 index represents 5,50 ...


Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points. The Cape index also was down by 5.78 pct closing a ...


Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ ...


   938 939 940 941 942   
Showing 4696 to 4700 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 ...

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