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

Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported  that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...


Monday, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...


Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...


Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index. The BDI was up by 6.87 pct closing at 824 points ...


Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake. The regulation known as ...


   961 962 963 964 965   
Showing 4811 to 4815 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 ...

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