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, 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 ...


Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...


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

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