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

Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...


Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...


Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...


Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace tha ...


Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd  will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...


   1337 1338 1339 1340 1341   
Showing 6691 to 6695 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 ...

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