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
Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS


There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% increase. The rise in Panamax rates represents the first positive development in some time after almost seven weeks of consecutive declines. Even with the small gain seen this week, the Panamax 4TC has lost 70% of its value since early March. Of course, coal shipments have been severely disrupted by weather related factors, and this week China reported a 25% decline in its coal imports over the first three months of 2011. This stands in sharp contrast to its iron ore imports which rose nearly 10% in the same period. 

Capesize
Holidays in Europe reduced activity in the Atlantic, although a period of fixing by the mining groups in the Pacific kept activity ticking over there. Overall the BCI inched up 1% while the time charter average closed the week at just under US$ 6,700. With worldwide steel production continuing to rise (up 7% in March), demand for iron ore remains strong. However with an average 27 ships joining the fleet each month, supply continues to outpace demand. In the paper market, rates picked up across the board and short-term prices strengthened. Prices are now US$ 10,700 and US$ 11,160 for June and July respectively.

Panamax 
The Panamax market saw very quiet conditions in both the Atlantic and Pacific this week, mainly due to the long weekend in the East. There was plenty of tonnage still available in both basins and the time charter rates barely managing to break into four digits for the Atlantic and Pacific round voyages. Fronthauls were being fixed in the low US$ 20,000s. Period activity also declined, with rates still in the low teens for short periods of 3-5 or 4-6 months.

Handysize
Last week activity remained slow due to the holidays in the east. The Handy market continued  to slide down, and the TC average closed the week at US$ 11,897 compared to US$ 11,985 the week before. Supras remained steady and finished the week at US$ 14,530 led by the route USG/skaw –Passero. East coast South America remains the leading actor in the Atlantic with wheat and sugar traded to various destinations. A few fixtures have been done from USG to Cont/Med at around US$ 17,000 for Handies and US$ 24,000 for the Supras. The Mediterranean/Black Sea market remained lacking in action.  In the east, rates continued to slids down for both Handies and Supras. Supras were fixed from Indonesia to China at around US$ 17,000 with mainly coal, and around US$ 14,000 from India to China. A few Supras have been taken for 4-6 months at around US$ 15,000 delivery India.
Source: Barry Rogliano Salles



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

Recent News

Thursday, 30 June 11
DRY BULK MARKET SHOWS SIGNS OF FURTHER WEAKENING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to shake off the additional supply of vessels, an oversupply issue of grave concern that would have occured e ...


Wednesday, 29 June 11
ANOTHER STRONG PERFORMANCE BY CAPESIZE - BRS
Another strong performance by the Capesize market this week, bringing the BCI up 8% to 1,974 points. However the Panamax market was penalised, losin ...


Monday, 27 June 11
THE IRON ORE IMPORTS BY CHINA SEEMED TO SLOW DOWN - VISTAAR
COALspot.com - The BDI was holding as previous week and was just up by 1 point and closed at 1424 points end of last week. The biggest gain was ...


Friday, 24 June 11
THE INDONESIAN GOVERNMENT WILL NOT EXTEND ALL EXPIRED MINING CONTRACTS - JAKARTA UPDATES
The Indonesian Government have decided not to extend all mining concessions under the scheme called Contract of Work and instead will take over the ...


Friday, 24 June 11
BERAU EYEING 70 PERCENT GROWTH IN EBITDA
Indonesia's coal producer PT Berau Coal Energy Tbk (BRAU) is eyeing a 60 -70 percent growth in EBITDA to US$ 560 million-US$595 million this year. ...


   1041 1042 1043 1044 1045   
Showing 5211 to 5215 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 ...

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