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, 24 January 12
BUKIT ASAM FY11 NET PROFIT SURGES 50% - INSIDER STORIES
Insider Stories reported that, the state-controlled PT Bukit Asam Tbk (PTBA) estimated to book Rp3 trillion (approximately US$ 335,570,469) net prof ...


Sunday, 22 January 12
FREIGHT MARKET DROPPED TO THE LOWEST LEVEL SINCE 2008
COALspot.com - "The markets continued to soften almost reaching 2008 levels breaking the 1,000 point mark", said Capt. Reddy of Vistaar Sh ...


Saturday, 21 January 12
ASIAS PREMIER COMPREHENSIVE OPEN CUT MINING CONFERENCE SCHEDULED FOR FEBRUARY 2012
As the only such conference in the region for miners and service providers, IBC Asia’s Open Cut Mine Planning & Operational Excellence con ...


Saturday, 21 January 12
COAL MARKETS CELEBRATES A DECADE OF BRINGING BUYERS & SELLERS TOGETHER
In 2012, IBC Asia’s premier Coal Markets conference series – Asia’s only globally focused coal import, export and supply chain eve ...


Saturday, 21 January 12
SAMIN TAN COMPLETES BUMI PLC TAKEOVER - INSIDER STORIES
Insider Stories reported that, Indonesian coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by stellar businessm ...


   974 975 976 977 978   
Showing 4876 to 4880 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 ...

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