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, 12 June 11
THE FREIGHT MARKET IS LIKELY TO BE SOFT NEXT WEEK - CAPT. REDDY


COALspot.com - The freight market continued to soften this week except for Panamax index. The BDI was down by about 4.77 pct and closed at 1,418 points, whereas the Cape index was down by 10.52 pct and closed at 1,735 points. The Panamax saw a fairly good gain which was up by 7.59 pct and closed at 1,927 points. The Supramax and Handy size index was down by 6.06 pct and 2.09 pct respectively.

Supramax delivery Far east have been reported fixed around US$ 11000 per day for single trips. Short period rates on Supramax were seen reported around US$ 13000 per day . The freight market is likely to be soft next week. 

The iron imports by China saw slight gains in May and will have to see if they would increase the imports. However is seems that the imports will be almost steady/soft due to high inventories. The coal demand by India and China has been steady and has been supporting with fairly large volume, Capt. Reddy, Director Vistaar Shipping says.

The sale of second hand of ships remained fairly good and prices were holding firm , which seems that some owners are taking advantage of low prices.

The average charter rates was at Cape/US$ 9320 per day , Panamax/US$ 15455 per day , Supramax/US$ 14090 per day and Handy size/US$ 11110 per day.

The Supramax index in the feast (S6 route) was down sharply by 12.96 pct and closed at US$ 11168 per day (last week US$ 12832 per day). The EC India/China (S7 route) also softened by 10.14 pct and closed at US$ 11446 per day (last week US$ 12738 per day) , the main reason could be towards monsoon.  The S6 and S7 routes likely to be soft next week.

The futures for three years (2011-2013) was at around Cape/US$ 15000 per day, Panamax/US$ 14000 per day, Supramax/US$ 13500 per day , Handy size/US$ 10500 per day.

The congestion in EC Australia increased sharply up and was at 63 vessels this week (last week 49 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/18, Gladstone/14, Abbot Point/Nil, New Castle/26, Port Kembla/1 vessels. On the WC Australia iron ore vessels waiting also increased to 34 vessels  (last week 32 vessels).

The Brent crude oil prices increased slightly and was up by 2.15 pct and closed at US$ 118.50 per barrel (last week US$ 116.00 per barrel). Bunker prices also firmed up and was at US$ 675.00 pmt (last week US$ 659.00 pmt) for IFO 380 CST ex Singapore on 10th June 2011.

Click here for Vistaar’s forecasts (terms & conditions apply) for 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, 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 ...

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