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, 23 December 11
SPOT PACIFIC CAPESIZE VESSELS HAVE COMMANDED HIGH PREMIUMS - FEARNLEYS


Handy
Rates in the Atlantic kept stable from last week, with a touch of negativity closer to the end.  Less spot cargoes seen, and owners are keen to fix their tonnage before Christmas. Continent/Us Gulf fixed at USD 6500, and US Gulf/Continent at USD 24700.  Fixtures to the east reported around USD 24-25k.  The Pacific market remains quiet.  Indo-India rounds are fixed dop 5000. Iron ore activity from India also remains quiet, especially from EC India.  WCI China rates are now around USD 11k and from ECI around USD 8k.  Red Sea fertilizers to India are fixed in the low 20s.  RBCT rounds are also fixed close to USD 10k dop WCI.  Short period activity is less and rates are around USD 11k for large eco Supras.

Panamax
Limited fresh business appearing in both hemispheres as Christmas is getting closer, causing the market to slide slowly.  As the majority of December cargoes have been cleared out and the list of open positions is growing, expectations for the coming days and weeks are not over enthusiastic.  15k for TA, 25k for trip out, and 11k for Pacific rounds represents market levels this week.  2011 seems to end where it started, with a BPI on about 14000 and on a downward trend. Fluctuating from lowest 10372 Feb 2nd to highest 17115 March 11th the year is about to close with an average BPI also at 14000.  With a descending forward curve passing 11500 for 2012 it may be highly relevant to wish all market participants a Merry Christmas and a Happy New  Year!

Capesize
The Cape market has remained strong in the near term, but sharply dropping off for slightly forward dates. Spot Pacific vessels have commanded high premiums with an extreme high of USD 17.20 being paid, for WestAustralia  to  China, at the end of last week for very tight dates.  End December cancelling has demanded USD 14.50,  while second half January is being fixed at a much lower USD 11.25. January front haul positions are very tight with few or no ballaster, and recent rumours indicate rates for Brazil/China being paid well over USD 30.00 (perhaps  even  USD  32.00). The one-year period market has now been done at a new high of USD 18500.  Although the curve has moved, the sentiment is still pessimistic and the forward market is discounted heavily.
Source: FEARNLEYS AS



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

Recent News

Saturday, 17 December 11
THE FREIGHT MARKET SEEMS TO HAVE ALMOST BOTTOMED OUT AND MAY REMAIN STEADY AT THESE LEVELS CAPT REDDY
COALspot.com - The BDI and Cape index closed lower this week with BDI closing at 1,888 points (down by 1.76 pct) and Cape index at 3,572 points (dow ...


Friday, 16 December 11
DRY BULK MARKET LOSES TRACK ON CAPESIZE LOSSES, SHIP FINANCING REMAINS TROUBLESOME - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn’t manage to sustain earlier gains, losing track yesterday, on reduced Capesize demand and persisting troubles in smal ...


Thursday, 15 December 11
BERAU SEES INDIA AS POTENTIAL MARKET FOR LOW-CALORIE COAL - THE JAKARTA POST
The Jakarta Post reported that, Publicly listed coal mining company PT Berau Coal Energy (BRAU), the fifth largest coal producer in Indonesia, sees ...


Thursday, 15 December 11
PANAMAX HARDLY AFFECTED BY THE RECENT FIRMER TENDENCY FOR THE BIG SISTERS - FEARNBULK
Handy The rates are more or less the same as last week. Continent/US Gulf fixing at tick below USD 10k and Gulf/Continent levels at USD 25k. Trips ...


Thursday, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...


   984 985 986 987 988   
Showing 4926 to 4930 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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