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

Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release -  Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing  the international gathering ...


Tuesday, 04 January 11
DRY BULK MARKET TO RANGE BETWEEN 1,700 AND 2,600 POINTS IN THE FIRST QUARTER OF 2011, ANALYSTS SAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As we entered 2011, ship owners and analysts, as well as shipbrokers are looking into their “crystal balls” to try to decode the dry bul ...


Monday, 03 January 11
TAXATION FOR COAL MINING COMPANIES IN INDONESIA - A TAX EXPERTS VIEW
COALspot.com - Mrs. Sri Wahyuni Sujono, managing partner of SF Consulting has wrote an exclusive report regarding taxation for coal mining companies ...


Sunday, 02 January 11
JAISWAL TO SEEK COAL MINES IN AFRICA - HINDUSTAN TIMES
Coal Minister Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal asset ...


Saturday, 01 January 11
COAL PRODUCTION EXPECTED TO EXCEED 340 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce 340 million tons of coal in 2011, an increase of 23 percent from 275 millio ...


   1090 1091 1092 1093 1094   
Showing 5456 to 5460 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 ...

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