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

Friday, 04 February 11
ADARO ENERGY FY10 COAL SALES UP 6 PERCENT TO 43.84 MILLION
As reported by insider stories, Indonesian coal miners PT Adaro Energy Tbk has produced 42.20 million tons of coal in 2010, a 4 percent increase com ...


Thursday, 03 February 11
MERCATOR LINES TO INVEST RS 200-250 CRORE ON COAL MINE IN INDONESIA - ECONOMIC TIMES
Economic Times reported that, Mercator Lines, the HK Mittal-controlled shipping-to-mines major, will invest about 200-250 crore (US$ 43.825 - 54.781 ...


Thursday, 03 February 11
DRY BULK MARKET LOOKS SET TO BOTTOM OUT NIKOS - ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market having lost more than 72% of its value in the last month or so and having retreated to a 2-year low, it seems that the bott ...


Wednesday, 02 February 11
INDONESIA MAY MISS COAL EXPORT TARGET IN 2011
COALspot.com - Indonesian Trade ministry has instructed independent surveyors temporarily not to issue pre-shipment survey report (LS) to the compan ...


Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...


   1078 1079 1080 1081 1082   
Showing 5396 to 5400 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 ...

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