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
Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE


COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared to last week, Capt. Reddy says.

The BDI was marginally up by 1.02 pct and the Cape index was up by 6.48 pct. The Panamax index was down by 3.97 pct and closed at 1,791 points, whereas the Supramax and handy size index was down by about 1 pct.

Supramax delivery Far east have been reported fixed around US$ 12,500-13,000 per day for single trips. Short period rates on Supramax were seen reported around US$ 14,000 per day . The freight market is likely to be soft next week.

The iron imports by China seems to be slowing with the prices of iron ore softening. However the coal imports by China is likely to increase and is expected that the market may be fairly stable. The sale of second hand of ships remained fairly good and prices were holding firm , which seems to show many owners are bullish on the market.

The average charter rates was at Cape/US$ 11,773 per day , Panamax/US$ 14,360 per day , Supramax/US$ 15,004 per day and Handy size/US$ 11,365 per day.

The Supramax index in the far east (S6 route) softened as expected by 3.12 pct and closed at US$ 12,832 per day (last week US$ 13,345 per day). The EC India/China (S7 route) also softened by 2.07 pct and closed at US$ 12,738 per day (last week US$ 13,008 per day).  The S6 and S7 routes likely to be soft next week.

The futures for three years (2011-2013) was at around Cape/US$ 15,000 per day, Panamax/US$ 14,000 per day, Supramax/US$ 13,500 per day , Handy size/US$ 10,500 per day.

The congestion in EC Australia increased sharply up and was at 49 vessels this week (last week 67 vessels). The vessels waiting at main coal loading ports were at Hay point/1, DBCT/16, Gladstone/8, Abbot Point/Nil, New Castle/23, Port Kembla/1 vessels.

On the WC Australia iron ore vessels waiting also increased to 32 vessels  (last week 37 vessels).

The Brent crude oil prices increased slightly and was up by 0.887 pct and closed at US$ 116.00 per barrel (last week US$ 114.98 per barrel). Bunker prices also firmed up and was at US$ 659.00 pmt (last week US$ 646.50 pmt) for IFO 380 cst ex Singapore on 3rd June 2011.

Click here for Vistaar’s forecasted (terms & conditions apply) spot freight rates for coal & Iron-ore cargo for specific routes (cs)



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 ...

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