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

Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country. &q ...


Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...


Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...


Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported  1.3 million tons of non - Coking coal and  468,229 Mt of coking coal for the period 16 - 22 August 2010 ...


Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured ...


   1128 1129 1130 1131 1132   
Showing 5646 to 5650 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 ...

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