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

Saturday, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director ...


Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after l ...


Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now ...


Thursday, 05 May 11
SUPRAS IN NORTH CHINA ARE GETTING CLOSE TO $ 13K FOR INDO-INDIA
Handy The Atlantic market is stable/flat with positive undertone meaning more enquiries hitting the market today. Lack of prompt vessels. Trips to ...


Thursday, 05 May 11
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark, the Baltic Dry Index (BDI) managed to edge higher yesterday, rising by 1.81% to 1,292 points, in the first po ...


   1053 1054 1055 1056 1057   
Showing 5271 to 5275 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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