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, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal. &q ...


Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...


Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...


Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...


Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003 ...


   1095 1096 1097 1098 1099   
Showing 5481 to 5485 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 ...

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