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

Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...


Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...


Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...


Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011. China was a largest importer of Indonesi ...


Wednesday, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...


   994 995 996 997 998   
Showing 4976 to 4980 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 ...

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