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, 08 January 11
AUSTRALIAN FLOODS MAY BOOST RIS COAL SALES - THE JAKARTA POST
The Jakarta Post reported that, Floods inundating Queensland have disrupted Australian coal production, and in turn may offer opportunities for Indo ...


Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors tur ...


Friday, 07 January 11
14 LARGE-SCALE COAL BASES TO BE BUILT DURING 12TH FIVE-YEAR PLAN - GLOBAL TIMES
During the Twelfth Five-Year Plan period (2011-2015), China aims to build 14 large-scale coal bases, and annex and restructure 20 coal bases in orde ...


Friday, 07 January 11
JSW ENERGY LTD OF INDIA IS LOOKING FOR 45 MILLION TONS OF STEAM COAL FOR 25 YEARS
COALspot.com - Supply of 1.80 mmt (+/- 10%) of steam coal per annum  for power plants at Toranagallu and Jaigad. Accordign to JSWE's websit ...


Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...


   1087 1088 1089 1090 1091   
Showing 5441 to 5445 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 ...

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