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
Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS


A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major spike in earnings.

While all four bulk segments recorded an increase, the improvement in rates for the large ships finally took the Cape 4TC average over the Panamax 4TC again.  Developments in the coal and grain sectors raised the possibility of changing trade patterns later in the year. Indonesia announced it would miss 2010 coal production targets after heavy rains disrupted mining. Output is now predicted to remain unchanged from 2009, at 300m tons instead of the projected 320m tons. Meanwhile Russia’s drought, and its subsequent ban on grain exports until December, is expected to result in greater foreign sales of US grain, with producers already reporting a surge in enquiry. 

Supramax/Handy
Handies and Supras woke up again after several weeks of lethargy, mainly due to the anticipated large volume of grain exports out of the US. Most activity concerned short period, which shows the extreme nervousness of charterers who are unwilling to commit beyond a few months. All in all, short period rates went up to US$22/23,000 irrespective of delivery. South America also saw some activity with spot rates reaching close to US$30,000 dop WAF for trip east. This also tightened the market for tonnage open India but ships open there are still abundant and one can still see ballasters going south. In the Pacific, coal shipments are in short supply prompting spot rates to hover in the region of US$18-19,000

Panamax
The Panamax market firmed this week at a steady pace driven by an overall bullish sentiment which pushed the 4TC average up by US$2,000 to close the week at US$23,000 per day. The biggest increase came from Asia where the NOPAC and China/Indo/China routes gained US$3,000 to end at $22,000 per day on Friday. Short period rates followed the trend even though the paper market slowed during the week. Standard LME were getting $26/26,500 per day delivery North China for short period, up from US$24,500 a week ago.  In the Atlantic, the physical market remained very slow all week but again sentiment kept rates stable. Russia’s ban on wheat export added some agitation in the market. One expects a firm and active grain season out of the USG/USEC area. The TA round voyage ended the week at a tick below US$25,000 per day. 

Capesize 
A very strong week for the Capesize market, with the four time charter average leaping from US$18,400 to just short of US$30,000 by Friday, mainly due to prompt fixing by the major iron ore producers. All routes showed improvements although West Australia –  China showed the biggest increase with US$11.40 reported by the end of the week. In the paper market, rates for September and October rose to US$30,000 per day, and 4Q even traded up to US$33,000 mid week before falling back to just under US$30,000. The pace could not last however and Monday saw the 4TC plateau, falling back by a minor US$11.  
Source: BRS



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...


Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to  award 300,000 MT of coal supply contract to Nehel General Trading of India.  Tamil Nadu state undertaking , Tamil N ...


Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...


Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...


Saturday, 14 August 10
INDONESIAN THERMAL COAL PRICES EXPECTED TO MOVE UP IN SEPTEMBER 2010 - CHAIRMAN ICMA
COALspot.com: Indonesian Coal Mining Association is expecting, the Indonesian and international coal prices will increase, and will be reached ...


   1131 1132 1133 1134 1135   
Showing 5661 to 5665 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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