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

Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...


Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...


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 remain ...


Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...


Thursday, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...


   1065 1066 1067 1068 1069   
Showing 5331 to 5335 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 ...

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