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, 23 June 11
DRY BULK MARKET KEEPS EXHIBITING SIGNS OF WEAKNESS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market seems to be unable to climb at new highs this week, showing signs of weakness, across most ship types. Yesterday, the Baltic Dry ...


Wednesday, 22 June 11
BOOMING INDONESIAN COAL EXPORTS - BLEEDING INDIAN POWER INDUSTRY
COALspot.com - Indonesia shipped 28.962 Million tons of coal  in May 2011, up by 15.86 percent compared to April export of about  24.995 m ...


Tuesday, 21 June 11
SURGE IN PRODUCTION AND PRICES TO PUSH BUKIT ASAMS NET PROFITS ABOVE RP 3T - THE JAKARTA GLOBE
State-owned coal company Perusahaan Tambang Batubara Bukit Asam expects its net income to increase about 50 percent this year on the back of rising ...


Tuesday, 21 June 11
COURT BATTLE PUTS MASSIVE COAL PROJECT IN JEOPARDY - KOREA JOONGANG DAILY
As Korean companies race to exploit Indonesia’s abundant natural resources, two companies have been locked in a court case that has become so ...


Tuesday, 21 June 11
DRY BULK MARKET TURNS RED AGAIN ON VESSEL OVERSUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk entered this week on a negative turn, with the industry’s benchmark the Baltic Dry Index (BDI) retreating by 0.35% to end the ses ...


   1042 1043 1044 1045 1046   
Showing 5216 to 5220 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 ...

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