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

Wednesday, 15 June 11
DRY BULK MARKET WEAKENS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite this time of year traditionally being one of the busiest for the dry bulk market, it seems that in the post-crisis era trade patterns are co ...


Monday, 13 June 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 1.2 PERCENT IN JUNE
COALspot.com - The Ministry of Energy & Mineral Resources sets coal spot price benchmark for June 2011 at US$ 119.03 per ton, higher than US$ 1. ...


Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...


Friday, 10 June 11
BUKIT ASAM RECORDED RP1.3 TRILLION PROFIT IN MAY - TEMPO INTERACTIVE
Tempo Interactive reported that, PT PT Tambang Batubara Bukit Asam Tbk (PTBA) made a net profit of Rp 1.3 trillion (approx. US$ 152,779,410) at the ...


Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...


   1045 1046 1047 1048 1049   
Showing 5231 to 5235 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 ...

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