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
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK


Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.

The USG remains firm paying in the mid 20´s for trips into the MED and low/mid 30´s for trips FE. Nevertheless tonnage is piling up again with ballasters which will push rates downwards in a few weeks unless activity picks up more to absorb tonnage. In the Pacific, there is a tight tonnage supply on prompt positions in China/ SEA for mostly handy up to 45,000 dwt which means rates are on the rise for those sizes. Supras on the other hand, are in abundance. There has also been a high amount of short period activity with charterers scrambling/ hoping to take tonnage ´on the cheap´. The Far East  remains reasonably tight on prompt tonnage, however with activity low and owners resisting. The market for North Pacific/Indo/India for tonnage delivering North China is in the USD 16,000 range.

Panamax
After a slow week with marginal decline in rates the market found supportwith levels moving upwards from mid week.

This was predominantly driven by ECSA and USG grains and short period activity to cover same with owners now able to secure healthy USD 27,000 with equivalent ballast bonus for front haul. Short period was also fairly active with grain traders and operators booking tonnage in the Far East in the mid 17,000 range. Lack of other fresh mineral business in both hemispheres kept a stable but not very enthusiastic sentiment. North Pacific and Pacific business is fixable at mid to upper teens while Atlantic rounds close to 17,000/day. One year period is being secured at 16,500-17,000 but takers are reluctant to pay owners similar levels fo  longer duration.

Capesize
The capesize market continued to fall  through last week bottoming out on Monday at an average time charter rate of USD  9,298.

This has now picked up to USD 10,089 which is still not very exciting. Nonetheless, the paper market is enthused and the front end of the curve has picked up somewhat,but not enough to allow a repeat of the 3 year fixture reported last week. There are takers for this period but they are rateing lower numbers and owners are not ready to accept these figures. On the spot market fixtures remain relatively flat and the Atlantic continues to be stronger than the Pacific. In general, uncertainty due to events in Japan and in the Mediterranean are keeping the market weak, though there could be some more near term activity in the Atlantic due to nuclear plants in Germany being taken off line for safety checks.
Source: FEARNBULK



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

Recent News

Sunday, 20 March 11
FREIGHT MARKETS COULD SOFTEN NEXT WEEK DUE TO JAPANESE PORTS CLOSURE AND LIBYAN CRISIS - VISTAAR
COALspot.com - The BDI was down by 1.98 pct (closing at 1531 points) mainly due to Cape index which was down by almost 11 pct and closed 1687 points ...


Friday, 18 March 11
FALL IN INDONESIAN COAL EXPORTS IN FEBRUARY 11
COALspot.com -  Indonesian coal exports seen a fall of 10.76% during Feb 2011. The world’s largest coal exporter shipped 22.029 MMts of c ...


Thursday, 17 March 11
THE PACIFIC HANDY MARKET IS CURRENTLY STEADY - FEARNBULK
Handy The Atlantic market is showing signs of recovery and does not seem to be affected by the Japan disaster. The market is very positional and i ...


Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE
The Jakarta Globe  reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to ...


Monday, 14 March 11
IRON ORE TRADING WORLD EUROPE 2011
Press Release - Strategy and opportunity for miners, steelmakers, end users and the financial community. The iron ore spot market is growing at a ...


   1067 1068 1069 1070 1071   
Showing 5341 to 5345 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 ...

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