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, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...


Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...


Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...


Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...


Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...


   1068 1069 1070 1071 1072   
Showing 5346 to 5350 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 ...

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