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, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE


COALspot.com
(Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limited of Singapore, said to COALspot.com. 

Vistaar, a ship operator from Singapore,further said, Over the last 2 weeks the BDI is up by 40 pct and almost up by 300 pct since the lows of 2008. The BDI ended this week at 2544 which is an increase of 352 points over last one week. The demand for ships has been quite good in all regions and the vessels enjoyed healthy charter rates.

The main reason for the increase in the freight market seems to be huge imports of iron ore and coal by China. China has imported in excess of 50 million tons of iron ore in April alone, which seems to be the main reason for the increase in the freight market. It will be interesting to see if the same momentum is maintained.

The spot supramax demand was quite firm for cargoes out of Indonesia and have been demanding US$ 15,000 / 18,000 per day depending on the position for trips to India and Pacific round voyages.

"The market is expected to remain firm over next week" - Capt. Reddy, MD, Vistaar Shipping

The iron ore exports from India has been steady and supramax ships were being fixed at around US$ 15000 / 17000 per day. There is pressure to ship out maximum iron ore cargoes out of WC India before monsoons. The week also saw quite a few supramax vessels ballasting to South America from India / PG range fixed at around US$ 15000 per day.

The bunker prices remained firm with brent crude at US$ 58 / 59 per barrel and the IFO prices ex Singapore touching US$ 355 pmt levels. 

The short period (4/6 months) rates for larger supramax is around US$ 15000 / 16000 per day in Far east / SE Asia region future. One year period rate for supramax reported at US$ 13000 / 13500 per day with delivery India / Far east region.

The indicative spot freight rates forecasted by VISTAAR SINGAPORE on Supramax as follows:

Coal

Indonesia        /  East Coast  (EC) India  : US$ 13.00 / 13.50 pmt
Indonesia        /  West Coast (WC) India : US$ 16.50 / 17.00 pmt
Richards Bay  /  Est Coast    (WC) India  : US$ 16.00 / 17.00 pmt
Richards Bay  /  East Coast   (EC) India  : US$ 17.50 / 18.00 pmt
Queensland    /  East Coast   (EC) India  : US$ 19.00 / 19.50 pmt

Iron Ore

WC India / N.China : US$ 15.00 pmt
EC India / N.China  : US$ 14.00 pmt



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

Recent News

Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...


Saturday, 20 June 09
MINING LICENSE PROCEDURES `PROPER' - (UPDATE 3)
All 13 coal mining firms operating in Sawahlunto, West Sumatra, complied with procedures in obtaining their licenses, authorities say, as a recent m ...


Saturday, 20 June 09
TECK SEES 2009 COAL SALES AT UPPER-END OF FORECAST
* Sees 2009 coal sales at upper-end it of prior forecast * Says increased Chinese demand, driving brighter outlook Teck Resources Ltd said on Fr ...


Saturday, 20 June 09
COAL OUTLOOK DARKENS AS PRODUCERS LOOK FOR PRICING FLEXIBILITY
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for ...


Saturday, 20 June 09
AUSTRALIA'S NEWCASTLE THERMAL COAL PRICES FALL 7.7% TO $70.81
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 7.7 percent, declining for the first time since the week e ...


   1332 1333 1334 1335 1336   
Showing 6666 to 6670 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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