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

Monday, 06 April 09
RICHARDS BAY COAL TERMINAL EXPORTS ROSE 5 PERCENT IN MARCH - BLOOMBERG
South Africa’s Richards Bay Coal Terminal, the world’s largest coal-export facility, shipped 5 percent more coal in March than the same ...


Monday, 06 April 09
INDIA'S OSWAL CHEM EYES INDONESIAN COAL MINES -ECONOMICTIMES
Oswal Chemicals and Fertilisers (OCFL), part of Abhay Oswal-led Oswal group, has initiated talks with three separate Indonesian coal  firms to ...


Thursday, 02 April 09
FOREIGNERS ALSO CHEER FOR INDONESIA'S THE NEW MINING LAW - MAJALA TAMBANG
Three mining giants, Australia's Rio Tinto along with Canada's Barrick Gold and Southern Arc, are among foreign corporations currently applying fo ...


Wednesday, 01 April 09
INDONESIAN GOVERNMENT REVISES MINING REVENUE TARGET DOWN 26% - THE JAKARTA POST
Government income from mining this year, excluding taxes, is expected to drop by about 26 percent to Rp 11 trillion ($957 million), primarily becaus ...


Wednesday, 01 April 09
INDONESIAN OFFICIAL CLAIMS NEW LEGISLATION IS VINDICATED AS OVERSEAS FIRMS LINE UP FOR MINING LICENSES - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry is expected to issue six mining licenses under the country’s new mining law over the next two months ...


   1362 1363 1364 1365 1366   
Showing 6816 to 6820 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 ...

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