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, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY

 
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.

The holiday season seems to have severely affected the freight market with all indices down. Many spot vessels were caught and had to charter out at very low levels. Panamax and Supramax vessels opening far east have been fixed at around $ 8,000-9,000 per day for single trips, however the short period rate have been around $ 15,000 per day.

Seems these are the lowest fixtures reported since mid 2009. 

The Handy size index was the least affected, down by just about 1.19 pct and the biggest drop was cape index which was down by 13.85 pct. The Panamax and Supramax index was down by 9.43 pct and 7.44 pct respectively.

The average charter rates was at Cape/$ 20,009 per day , Panamax/$ 14,711 per day , Supramax/$ 15,611 per day and Handy size/$ 12,157 per day.

The Supramax index in the feast (S6 route) was down by $ 1,985 per day (down by 13.73 pct) and closed at $ 12,470 per day (last week $ 14,455 per day). The EC India/ China (S7 route) was also severely affected and was down by $ 1,537 per day (down by 9.69 pct) and closed at $ 14,309 per day (last week $ 15,846 per day). The S6 and S7 route is likely to be soft and is expected to be under pressure next week also.

The futures for three years (2011-2013) was at around Cape/$ 23,000 per day, Panamax/$ 16,500 per day, Supramax/$ 16,000 per day , Handy size/$ 12,000 per day.

The congestion in EC Australia increased to 142 vessels this week (last week 125 vessels). The vessels waiting at main coal loading ports were at Hay point/8, DBCT/44, Gladstone/20, Abbot Point/6, New Castle/57, Port Kembla/6 vessels. On the WC Australia iron ore vessels waiting was almost at same levels at 24 vessels (last week 23 vessels).

The waiting at Indian ports for coal vessels was quite normal except for Paradip, Haldia, Kandla where the berthing delays was high.

The Brent crude prices continued to firm up reaching highest levels in last 2 years and closed at $ 93.46 per barrel (last week $ 91.67 per barrel). However bunker prices was almost at same levels and was at $ 507.50 pmt (last week $ 507.00 pmt) for IFO 380 CST ex.Singapore on 24th Dec 2010.

Click here for Vistaar’s forecasted (terms & conditions apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
Reported by Vistaar Shipping, Singapore



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

Recent News

Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...


Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...


Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...


Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...


Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...


   1088 1089 1090 1091 1092   
Showing 5446 to 5450 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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