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

Monday, 13 September 10
FREIGHT MARKETS MAY BE A BIT SOFT THIS WEEK - VISTAAR SINGAPORE
COALspot.com: The freight market continued its upward trend with the BDI almost touching 3000 points. However the uncertainty seems to continue with ...


Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK
The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and n ...


Friday, 10 September 10
WCI INTO CHINA WITH IRON ORE ARE AIMING AROUND $ 20K - FEARNBULK
Handy The rates are firm in every corner of the world. However it still looks Atlantic/Baltic/Black Sea offer better employment opportunities for ...


Thursday, 09 September 10
INDIANS BALCO TO BUY 50 K OF 3,000 TO 4,500 GAR CALORIFIC VALUE COAL
COALspot.com: Bharat Aluminium Company Limited (BALCO) is a subsidiary of Sterlite Industries (India) Limited and part of Vedanta Resources PLC, a L ...


Thursday, 09 September 10
INDONESIA SWAPS COAL FOR INFRASTRUCTURE - FT
As Asia’s major economies bound forward and their hunger for energy surges over the next decade, Indonesia is strategically positioned to take ...


   1122 1123 1124 1125 1126   
Showing 5616 to 5620 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 ...

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