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
Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK


Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requirements on the market but Owners are resiting the temptation in the hope that markets will recover further in the next coming weeks on the back of positive indexes across all sizes on Monday/Tuesday.

Outlook  :  Uncertainty and volatility. There is continued upward movement in the Pacific region as prompt tonnage remains tight. Supras in S. China are fixed at low teens for trips via Indonesia to India with coal. Supras on WC will see at least USD 20k and EC rates have also improved to about 16k levels for iron ore trips to China. Red Sea; ferts on handymax/ supras are fixed at mid 20´s pmt on voyage bss to WC India.

Panamax
The Panamax market continued its positive trend from last week much driven by increased grain activity out of ECSA and USG. This lead to firming rates in both hemispheres. This week we see  more cargos giving support to the rates, contrary to last weeks´ FFA driven market for short/ long periods. The short period market continued to firm up this week and for LME´s with Sth China delivery owners are getting USD 18.5k-19k. Tarv ´s paying around USD 15k while fronthauls with Cont dely are getting in region of USD 25k daily. Pac rounds are being fixed at around 15k and a backhaul was done on Wednesday at USD 5k. Chrts interested in taking in1-year deals, needs to pay around USD 17k. We find it hard to clearly state that this market will continue firming as we see some pressure from FFA´s and the bigger Capes.

Capesize
Activity is up and fair - but apart from compensating rising bunker costs,spot rates and consequent daily earning are still at levels not sufficient to cover operating expenses. Oversupply of tonnage remains the one factor to which the present crisis is attributable, and sharply accelerated scrapping combined with general slow-steaming appears the only way to bring this segment anywhere near short- and long term equilibrium. Whilst performance failures spread and rumours of financial uncertainty looms over a number of profiled players, average spot earning have improved marginally to come in at USD 7k/day. Widespread "warm"  ayup is expected - for vintage units in particular. A few majors still take period tonnage at huge premiums to spot - but with partial support from paper trades - last exemplified by 178kdwt/built 2010 done for 4-6 months basis delivery S.Korea  prompt at USD 16k.
Source: FEARNBULK



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

Recent News

Saturday, 30 April 11
BUKIT ASAM PROFIT HAS JUMPS 108 PERCENT IN Q1, 2011
The Indonesian state-controlled coal miner PT Bukit Asam Tbk (PTBA) reported a 108.07 percent jump in net profit during the first three months of 20 ...


Saturday, 30 April 11
THE PANAMAX WAS THE BIGGEST GAINER
COALspot.com - The freight market appeared to recover slightly after the Easter holidays. However they market may not move up much and likely to mai ...


Friday, 29 April 11
KOMIPO ISSUES TENDER FOR 710,000 MT OF LCV & HCV COAL
COALspot.com - Korea Midland Power Co. Ltd (KOMIPO) has issued a spot supply tender for supply of total 710,000 MT of thermal coal for delivery betw ...


Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) ...


Friday, 29 April 11
CHINA'S IMPORTS 27 PERCENT LESS COAL IN Q1 2011 - ICAP SHIPPING
ICAP Shipping reported that, China's coal imports in the first quarter were some 27% down on a year ago at 32.3 Mt (2010: 44.4 Mt). Part of the rea ...


   1055 1056 1057 1058 1059   
Showing 5281 to 5285 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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