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
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING


The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falling to more than a three-month low. Yesterday, the index posted its second straight rise, ending at 1,268 points, up by 0.63% on the back of firming up signs in the capesize market. The Capesize Index was up by 1.80% to 1,807 points, while the Panamax markets remained subdued to 1,475 points, down by 0.41% on the day.

Commenting on the Panamax market, shipbroker Fearnley’s stated that “summer silence continue with limted cargo flow and softening levels. Atlantic somewhat, especially north, is firmer than pacific. Levels hovering arnd 14k. Some cargoes even stay unfixed due to owners not accepting charterers ideas. Limited period activtity and owners like to hold back doing short employment and wait for better levels. In the pacific rounds being closed just above 8000,- and more and more vessels ballast dir ecsa. Backhaul´ s now at weak 3600/3700 and hopefully it find some resistance now preventing further drop. Expectation´s for next 1-2 weeks is still slow activity but if rates move up or down reamins to be seen” the report said.

On the Capesize front, it mentioned that “after a quiet week and with rates dropping day by day, we finally see more activity. at the time of writing Rio Tinto taken ships in the range usd 7,85 to usd 8 pmt for west australia / china and there is clearly more support in the pacific. The other majors have been active elyer this week, but are now absent. for the front haul marked, charters have been aiming usd 19 - 19,10 rnge throughout the week, with owners at mid 19s and encouragement to do slightly less. In spite of a couple of fixtures, activity has remained week. The same goes for TARV activity, where there is few cargoes. Short period is more or less non excisting after the hype last week” the shipbroker said.

In a separate report, shipbroker Shiptrade Services said on the supramax market that it was a week with mixed feelings at both basins. “In the Atlantic region, the Continent/Mediterranean market was quiet with supras’ reported fixed around USD 4.000 per day for cargoes to USG, while scrap stems ex Continent to Mediterranean sea were done at USD mid teens. Rates for Transatlantic round remained around USD 14-15.000 per day. Fixtures for trips to Far East reported USD high teens - 20.000per day, for GOA traders ex Mediterranean. On the ECSA/F.East market fixtures reported at levels around USD 20.000 – low twenties per day basis W.Africa delivery. In the pacific market increased, with Indonesia being the driving force. Rates for Pacific round held at levels USD 9.000-10.000per day, while trips ex Nopac were performed around USD 10.000 per day basis N.China delivery (M/V Cos Orchid 55.539/06’)” said Shiptrade in its report.

On the Handysize segment, the general trend was also downward. “Rates drifted further down. “In the Atlantic region the Continent/Mediterranean/Black Sea remains flat, with not many cargoes moving eventhough we could see some coal stems to Mediterranean Sea and some grain cargoes from the Black sea. On the ECSA market grain are still available but sugar parcels are scarce. In the Pacific there was still a constant flow of coal to China, clinker to destination Bangladesh is always there, and a few steel parcels” said the report.

Meanwhile, attention should be brought on the impact of Typhoon Muifa which is likely to hit Eastern China. In a notice issued yesterday from Commodore Research & Consultancy, it mentioned that “Typhoon Muifa has continued to gain strength and remains likely to make landfall near Shanghai. As of now, the typhoon is expected to make landfall south of Shanghai, near the ports of Zhoushan and Taizhou, late Saturday night. If Typhoon Muifa ends up making landfall close to a port, port damage could occur. Coastal trade is also very likely to be affected at several ports including Wenzhou, Taizhou, Zhoushan, and Shanghai. We will continue to monitor the storm very closely and will be publishing additional updates” said Commodore.
Source: Nikos Roussanoglou, Hellenic Shipping



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...


Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...


Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.  Oil price at ...


Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at ...


Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...


   1029 1030 1031 1032 1033   
Showing 5151 to 5155 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 ...

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