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

Thursday, 04 November 10
GVK TALKS WITH MEC FOR INDONESIAN MINES DEAL - DNA INDIA
As reported by DNA India, GVK Power and Infrastructure on Wednesday said it is in talks with Gulf-based MEC Coal to buy its coal mines in Indonesia, ...


Wednesday, 03 November 10
PANAMAX SIZE DRY-BULK CARRIER MARKET IS STRONG - GERSON LEHRMAN
Panamax class vessels have been part of the fluctuation of the broader current dry bulk market. They have experienced occasional steep movements, du ...


Tuesday, 02 November 10
ADDED VALUE REMAINS STAGNANT - MAJALAH TAMBANG
The improvement of added value of mining products in accordance with mandate of the mining law has not been visible. Minerals and coal are still exp ...


Saturday, 30 October 10
THE SUPRAMAX FREIGHT MARKET THIS WEEK REMAINED ALMOST AT LAST WEEK LEVELS - VISTAAR SINGAPORE
COALspot.com: The freight market this week remained almost at same levels except for Panamax index which was up by 191 points. The feast/SE Asia ...


Friday, 29 October 10
CAPE MARKET STARTED TO BREAK THOUGH THE UPWARDS RESISTANCE LEVEL OF USD 40K DAILY FOR SPOT CARGOS - FEARNLEYS
HANDY The  Atlantic  markets  remain  flat  and  lackluster.  The  expectations  that  the grain ...


   1107 1108 1109 1110 1111   
Showing 5541 to 5545 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 ...

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