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, 26 July 11
UT'S SALES COULD REACH TO 8000 UNITS BY THE END OF 2011
COALspot.com - Sales of Komatsu heavy equipment in the domestic market in the first half of 2011 rose 59 percent to 4333 units compared to the same ...


Monday, 25 July 11
INDONESIA STATE ELECTRICITY COMPANY HAS BURNED 19 MMT OF COAL FOR FIRST HALF OF 2011
COALspot.com - Indonesia's State Electricity Company and other IPPs have burned 19 million tons of coal for first half of this year said,Pamudji Nu ...


Monday, 25 July 11
AKR CORPORINDO TO PRODUCE 0.3 MMT OF COAL BY DECEMBER
COALspot.com - PT AKR Corporindo (AKRA) began producing coal from its mine in Muara Teweh, Central Kalimantan. The company is  targeting to pro ...


Sunday, 24 July 11
AN INDIAN PORT SETS A WORLD RECORD FOR CONVENTIONAL COAL DISCHARGE
COALspot.com - Krishnapatnam Port has set a World record for discharging 106,171 tons of steam coal in just 24 hrs using the conventional unloading sy ...


Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points ...


   1033 1034 1035 1036 1037   
Showing 5171 to 5175 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 ...

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