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, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The market continued to move up with all sectors gaining except for handy size. The BDI was up by 3.26 pct and closed at 1895 poin ...


Friday, 18 November 11
MMTC SEEKS 1.365 MMT OF IMPORTED COAL
COALspot.com - India's MMTC, the largest trading company of India and a major trading company of Asia, has issued a term supply tender for 1.365Mt ...


Friday, 18 November 11
KPC, ARUTMIN OUTPUT REACHED 47.1 MIO TONS - INSIDER STORIES
PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia, reported 47.1 million tons of coal production in 9M 2011, according to Indiser Stories. Insi ...


Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy The Atlantic Supramax market experienced a steady and firm tendency this week.  Especially the North Atlantic and Mediterranean position ...


Friday, 18 November 11
BERAU COAL 9M PROFIT SOARS 194.46% - INSIDER STORIES
Insider Stories reported that, PT Berau Coal Energy Tbk (BRAU), which is 84.7% owned by Bumi Plc, reported a 194.46% jump in net profit by end of Se ...


   993 994 995 996 997   
Showing 4971 to 4975 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 ...

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