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, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR


COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 points (down by 270 points).

Panamax  index recovered a bit and was down only by 13 points and closed at 1,923 points. Supramax also seemed to recover slightly with the index up by 52 points and closed at 1,393 points. The handy size index was almost at same levels and was down by 5 points and closed at 765 points.

The cape size vessels opening far east were reported fixed around $ 10,000 per day for trip via Australia to China and Panamax vessels fixed around $ 9,000 for Australia to China. The Supramax vessels were reported fixed around $ 8,000 for trip via Indonesia to India.

Short period rates for Supramax was at around $ 13,000 per day for vessels opening far east.

With the situation in Australia likely to continue for 2 to 3 weeks and with the Chinese New year coming first week of February , it is expected that the market is likely to be soft until mid February 2011 . The average charter rates was at Cape/$ 9,692 per day , Panamax/$ 15,341 per day , Supramax/$ 14,570 per day and Handy size/$ 11,129 per day.

The Supramax index in the far east (S6 route) was down by $ 682 per day (down by 7.40 pct) and closed at $ 8,536 per day (last week $ 9,218 per day). The EC India/ China (S7 route) was also severely affected and was down by $ 233 per day (down by 2.00 pct) and closed at $ 11,388 per day (last week $ 11621 per day). The S6 and S7 route is likely to be soft next week also.

The futures for three years (2011-2013) was at around Cape/$ 22,000 per day, Panamax/$ 16,500 per day, Supramax/$ 16,000 per day , Handy size/$ 11,000 per day.

The congestion in EC Australia reduced slightly to 120 vessels this week (last week 136  vessels). The vessels waiting at main coal loading ports were at Hay point/18, DBCT/39, Gladstone/11, Abbot Point/4, New Castle/43, Port Kembla /3 vessels. On the WC Australia iron ore vessels waiting was almost at same levels at 33 vessels (last week 24 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 be firm almost touching $ 100 per barrel and closed at $ 98.50 per barrel (last week was at $ 93.61 per barrel). Bunker prices also firmed and was at $ 540.00 pmt (last week $ 520.50 pmt) for IFO 380 CST ex Singapore on 14th Jan 2011.

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

Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...


Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...


Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...


Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...


Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...


   1091 1092 1093 1094 1095   
Showing 5461 to 5465 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 ...

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