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, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE


COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued to be firm however towards end of the week the freight market appeared to slow down , the main reason could be due to holidays in most parts of the world.

The BDI ended this week at 2786 with a increase of 242 points. The main reason for increase in BDI is due to increase in Cape Size index which has gone up this week by 852 points and charter hires gone up by US$ 11,000 per day at US$ 45,000 per day .The Panamax went up by 181 point and Supramax by 83 points .

The momentum of Chinese imports of iron ore / coal seemed to be steady and needs to be seen whether this will be maintained over the next few weeks. Understand the Chinese are stocking iron ore and some sources suggest that about 100 million tons of iron ore is piled up at various ports which is enough for several months production.

"The decisive election results in India and formation of a stable government for next 5 years, the Indian market is expected to have a sustained growth"  Vistaar shipping MD Capt. Reddy told to COALspot.com

The spot supramax continued to be firm , however there was slight softening towards end of the week.  The supramax in feast/se Asia were seen being fixed at US$ 15,000/18,000 per day depending on the position for trips to India and Pacific round voyages. 

The monsoons is expected to hit West Coast India early this year and the iron ore shipments will slow down from west coast India.

The week continued to see Ships vessels ballasting to South America / Black sea from India / PG range being  fixed at around US$ 16,000 per day.

The bunker prices continued to remain firm with brent crude at US$ 61 per barrel and the IFO prices ex Singapore touching US$ 357/358 pmt levels. 

The short period (4/6 months) rates for larger supramax is around US$ 15,000 per day in Far east / SE Asia region future. One year period rate for supramax reported at US$ 14,000 per day with delivery India / Feast region.

The forward freight rates for 3/5 months is expected to be around the same as the below indicated spot rates, unless there are some major changes in the global scenario.

The indicative spot freight rates on Supramax as follows:

Coal 

-Indonesia / East Coast India             : US$ 13.00 / 13.50 pmt
-Indonesia / West Coast India            : US$ 16.00 / 16.50 pmt
-Richards Bay / West Coast  India      : US$ 18.00 / 18.50 pmt
-Richards Bay / East Coast  India       : US$ 19.00 / 19.50 pmt
-Queensland / East Coast  India         : US$ 21.50 / 22.00 pmt
 
Iron Ore

-West Coast  India / N.China                : US$ 15.50 / 16.00 pmt
-East Coast  India  / N.China                : US$  14.00 / 14.50 pmt



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps * Coal industry grapples with carbon polluter image German imports of hard coal are like ...


Thursday, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...


Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad. &ld ...


Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...


Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T * Talks between individual power firms and miners ongoing South Korean utilities ...


   1334 1335 1336 1337 1338   
Showing 6676 to 6680 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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