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, 19 May 11
INDONESIAN COAL EXPORTS DROP 7.98 PERCENT IN APRIL
COALspot.com - Indonesian coal exports dropped to 2.168 million  tons in April, and up 7.13 percent on the year and 7.98 percent below March, a ...


Thursday, 19 May 11
OVERSUPPLY, VERY LARGE ORE CARRIERS EAT UP ON DRY BULK FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a brief upward momentum which ended early last week, the Baltic Dry Index, the dry bulk market’s benchmark has returned to its usual pat ...


Wednesday, 18 May 11
THE US COAL INDUSTRY LOGGED EXPORTS OF AROUND 25M TONNES IN 1Q OF 2011 - BRS
Another slow decline in the bulk markets this week, with the BCI losing the most at nearly 5%, the BPI 2.8% and the smaller sizes sub-1% amounts. Th ...


Wednesday, 18 May 11
AKR AIMS TO SELL COAL WORTH RP216 BILLION - PAPER
Bisnis Indonesia, an Indonesia's one of the leading business paper reported that, PT AKR Corporindo Tbk has targeted coal sales valued at Rp216 bil ...


Wednesday, 18 May 11
OVERHAUL OF MINING LAW MAY DETER INVESTMENT, S&P SAYS - THE JAKARTA GLOBE
The Jakarta Globe, an Indonesian English language news paper reported that, A report by Standard & Poor’s Ratings Services that a regulatory ...


   1050 1051 1052 1053 1054   
Showing 5256 to 5260 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 ...

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