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

Wednesday, 11 April 12
TWO PERCENT OF IBP CONCESSION CONTAINS 42 MMT OF COAL
COALspot.com - 42.35 million ton of coal found in just 2% of  PT Insani Bara Perkasa’s total concession area of 24,477 hectare. Accord ...


Wednesday, 11 April 12
DRY BULK MARKET STILL SUBDUED, RECOVERY NOT YET SEEN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market entered the new week after the past days of easter holidays in western countries in a subdued mood. The industry’s benchma ...


Monday, 09 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first week of April ended with the Baltic Dry Index falling below 950 points, before Catholic Easter, and capesizes showing a modest upturn with ...


Sunday, 08 April 12
CHARTER RATES COULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI was almost at same levels closing slightly lower by 0.64 pct at 928 points. The Cape index was up by 6.73 pct closing at ...


Friday, 06 April 12
INDONESIAN HBA FALL TO LOWEST LEVEL SINCE JANUARY 2011
COALspot.com -  Indonesian HBA fall to lowest level since January 2011 this month. The monthly coal reference price for coal sales in April fal ...


   953 954 955 956 957   
Showing 4771 to 4775 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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