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
Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING


COALspot.com (Singapore):  Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity prices.

The Baltic Index continued to rally this week with an increase of 309 points and ending at 3803 points. However the BDI dropped in the later part of the week but overall still appeared to be firm. Next weeks seems will be steady .

The Cape size sector continued to be firm and saw a increase of 687 point and ending with 6812 points. Panamax also gained 352 points and ending at 3252 points. The supramax and Handysize was almost stable ending at 1832 points and 880 points respectively.

"The average charters at the closing of the week is Cape / US$ 76,396 pday; Panamax / US$ 26,077 pday ; Supramax / US$ 19,152 pday and Handysize / US$ 12,690 pday" - Vistaar Shipping

The South American and US Gulf market remained firm. However in the Far East / South East Asia the demand was weak and quite a few spot ships were ballasting south wards. The Chinese imports of iron ore and coal seemed to remain firm. The cargoes bound to India also likely to remain strong especially in steam coal and fertilizers. The cargo movement seems quite good and freight market is expected to be fairly firm.

However with lot of New deliveries in the second half of 2009, there could be over supply of tonnage and the market could remain flat. The bunker prices continued to remain firm with brent crude touching almost US$ 70 per barrel and the IFO (380 cst) prices ex Singapore was around US$ 400 pmt levels.

The crude prices is expected to remain firm over next couple of weeks and hence the bunker prices also would be high.

The short period (4/6 months)rates for supramax continued to remain firm at around US$ 16000 per day with delivery Feast/SE Asia region future.

One year period rate for supramax reported at around US$ 14,000 -15,000 per day with delivery India / Far east region.

The forward freight rates for 3 / 5 months is expected to be around the same as the below indicated spot rates. The indicative spot freight rates on Supramax as follows:

Coal

- Indonesia / East Coast India        :  US$ 13.50 / 14.00 pmt
- Indonesia / West Coast India       :  US$ 17.00 / 17.50 pmt
- Richards Bay / WC India                :  US$ 19.00 / 19.50 pmt
- Richards Bay / East Coast India  :  US$ 20.00 / 20.50 pmt
- Queensland / East Coast India    :  US$ 19.50 / 20.00 pmt
 
 
Iron Ore

- Wast Coast India / N.China            :  US$  16.50 / 17.00 pmt
- East Coast India / N.China             :  US$  15.00 / 15.50 pmt



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

Recent News

Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...


Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in  Karachi port, coal carrying vessels were sufferi ...


Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH - THE JAKARTA POST
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...


Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week ...


Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd. In the ...


   1343 1344 1345 1346 1347   
Showing 6721 to 6725 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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