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
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. The latter may see a drop in activity in the coming weeks due to the Mississippi floods which are reported to be affecting current barge traffic. In the coal market, the newly active US coal export market warned future growth could be constrained by infrastructural limitations. The US coal industry logged exports of around 25m tonnes in the first quarter of 2011 but Xcoal Energy chief executive Ernie Thrasher said producers would be unable to export more with the current east coast terminal capacity. US coal exports have provided significant new tonne-miles for the dry bulk market as coal supplies have become tight, but it appears they will be capped at around 100m tonnes per year due to the current infrastructure.

Capesize
Although the drift is not significant, the Capesize recorded another week-on-week decline this week. The four time charter average finished at US$6,002, a drop of US$775 from the previous Friday, with the largest declines logged Aus-China, and Braz-China not far behind. There was a flurry of activity by the Australian mining groups, but there was ample tonnage to meet the demand and rates did not improve. The bearish sentiment was also evident in the FFA market with the Q3 contract losing 12% w-o-w to finish last week at US$9,036 and Cal 12 10% w-o-w. Monday was another typical day with the BCI sliding 19 points, with no signs of a severe drop but none of a major improvement either.

Panamax
In the Panamax market the BPI slipped by US$400 week-on-week. The Atlantic remained stable thanks to a good balance between cargoes and ships; even spot vessels managed to fix at good levels at close to US$14,500/day on the TA round.  Out of ECSA, the market eased throughout the week and the fronthaul lost US$1,000 to close at US$22,500/day. Indian exports eased too and the Panamax rate Goa-China was close to US$13 pmt, down US$2 pmt from the previous week. The Nopac and Far East markets were quiet and by the end of the week the number of vessels had started to increase, pushing the NOPAC round closer to just US$12,000/day. Friday to Friday, the period market interest vanished and very few vessels were reported fixed – the market for a Tess 74 BPI type was in the low-mid US$14,000s/ day, a US$2,000 drop from a week ago.

Supramax/Handy
The Supra and Handy markets witnessed  a steady flow of activity last week with barely 5  points difference  between Monday and Friday for the Supras and just 1 point for the Handies. We saw a slight drop in the Supras in the Far East, which appeared to be linked to the drop in paper values. India -China voyages went for about US$14,500 even though some owners tried to resist and rated ships at US$16,500 for the same routes. Indo – India went for an average of about US$17,500/day. We still saw strong numbers such as US$30,000 from the US Gulf to the Far East.

The market anticipated an immediate impact from the floods in the Mississippi but this was not the case.   Continent-Med trips went for about US$18,000 while ECSA-Cont went for US$28,000. The Med was nearly dormant for the Supras. Out of the Black Sea we started to see some Corn cargoes for the first time since May last year. The rates are still not the best as a few Handies were fixed at about US$6,000 for trips Black Sea-Cont and about US$9,000 Med-Cont. Handies went for an average of about US$20,000 for US Gulf– Cont voyages and about US$22,000 for Cont –Far East trips.  On the period front, we noticed many ships who were willing to go for short period but not many takers. Supras went for about US$14,000 for 4-6 months delivery east Med redel Atlantic and another at US$15,000 same 4-6 months redel Atlantic. A Handy went for US$13,000 for 1 year period redel worldwide.
Source:
Barry Rogliano Salles 



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

Recent News

Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...


Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mi ...


Tuesday, 06 September 11
DRY BULK MARKETS RALLY POWERS THROUGH TO NEW WEEK, BUT A CORRECTION COULD BE OVERDUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s freights rates kept leaping forwards during the beginning of the week, with the industry’s benchmark, the Baltic D ...


Monday, 05 September 11
TNPL POSTPONES BID OPENING UNTIL 12 SEPTEMBER 2011
COALspot.com - TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said. Due to Ram ...


Monday, 05 September 11
INDONESIAN COAL BENCHMARK PRICE - ANALYSIS
Analyst : Sunil K Kumbhat COALspot.com - As a part of the Government’s efforts to stop transfer pricing abuses which have resulted in the los ...


   1019 1020 1021 1022 1023   
Showing 5101 to 5105 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 ...

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