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

Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore):  Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...


Saturday, 06 June 09
COAL PRICE HIT RECORD ON STRONG CHINA DEMAND - INVESTMENT WATCH
Investment watch reported that, “Coal price hit a new high of over $72 a tonne at Australia’s Newcastle Port, a benchmark for Asia, spur ...


Friday, 05 June 09
CEMENT INDUSTRY NEEDS POLICY ON FLY ASH
H.M. Bangur, President of Cement Manufacturers' Association, on the objectives and economic impact of the proposed national policy on utilisation o ...


Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for  40,000/10 pct steam size in June 2009. South African c ...


Thursday, 04 June 09
CHINA'S SHANXI PROVINCE CONSIDERS COAL FUTURES BOURSE - MINE WEB
Mine Web reported that, China hopes to establish a coal futures exchange to obtain more rights on international pricing. China's largest coal pr ...


   1339 1340 1341 1342 1343   
Showing 6701 to 6705 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 ...

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