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
Saturday, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS


Handy
Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnage on ppt /beg of June positions. US Gulf to the Far East is slowly but surely firming further and more activity seen on transatlantic round voyage. ECSA is balanced with very little movement on rates.

Outlook: stable. The Pacific market remains soft and owners unwilling to come in India due to lack of outbound cargoes. For Indo-India, Supras in North China are getting close to12k. Nickel-ore rounds are getting firm rates in mid-high teens from Indonesia. WCI-China rates slided to 15k and from ECI around 12k. Red Sea; ferts on handymax/ Supras are fixed at very mid 20´s pmt on voyage basis to WC India. Large Supras for RBCT/India round are now asking 15k. Short period deals done at mid-teens for large Supras.

Panamax
After a slow start to the week, we saw more cargoes in the market on Tuesday with both coal from US and grains from ECSA. Especially the Pacific basin took a turn on Tuesday evening with chrts chasing prompt ships which were lacking. NoPac rounds were fixed at around 14k and still climbing, while the Atlantic rounds were fetching around USD 15k. Fronthauls hovering around USD 250k. It has been some short period activity this week with rates hovering around 13/14k.  It was also rumored a kmax being fixed and failed for 3 years at a tick more than USD 14k.

Capesize
Finally some good news for ship-owners with interests in this segment, even though rates in general are at a historic low and fundamentals have changed very little over the week. Driven almost entirely by increased transatlantic coal trades and a steady volume on the Brazil/China iron ore run, average spot levels are up more than 50% to come in at close to USD 9k. Pacific is slow and eventless in comparison, though, with resultant levels for the WAust/China ore run only marginally up at USD 7.35 pmt which is still below opex. Expectations are there for this to last a little longer, thus more period fixing is expected - last done is 178kdwt/built 1998 done for 10-14 months at USD 10700/day basis delivery Qingdao mid June.
Source: FEARNBULK



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 : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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