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

Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release  - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...


Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...


Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...


Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...


Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...


   1030 1031 1032 1033 1034   
Showing 5156 to 5160 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 ...

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