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, 28 January 12
WILL FREIGHT MARKET STABILIZE FROM NEXT WEEK?


COALspot.com - The markets continued to soften with BDI at 663 points down by 15.78 pct closing at 726 points and cape index was down by 5.73 pct closing at 1,465 points.

The biggest drop was in Panamax sector which dropped by 20.10 points closing at 815 points. The Supramax and Handysize also continued to drop by abt 13 pct closing at 695 points and 426 points respectively.

The BDI is almost close to the lows of Dec 2008 when BDI was at 663 points.

The markets seemed to have bottomed out and there are hopes that the market would stabilize from next week with Chinese new year holidays over. However as per reports there is huge stock pile of iron ore of about 94 mill tons in Chinese ports. The demand for iron may be weak for next couple of weeks, which may cause to affect the shipping market.

Supramax delivery South China for trips via Indonesia were reported around only US$ 5,500-6,000 per day. Short Period charter rates for Panamax and supramax was down to around US$ 6,000-7,000 per day with delivery Feast.

The average charter rates was at Cape/US$ 5,566 pday , Panamax/US$ 6,488 per day, Supramax/US$ 7,268 pday and Handysize/US$ 6,264 per day. The futures for three years (2012-2014) was at around Cape/US$16,000 per day, Panamax/US$ 12,000 per day, Supramax/US$ 11,500 per day , Handysize/US$ 9,250 per day.

The supramax index in the feast (S6 route) closed at US$ 5,231 pday (last week US$ 5,728 per day) and S7 route closed at US$ 5,569 per day (last week US$ 6,082 per day) . S6 and S7 route likely to remain steady next week.

The congestion in EC Australia increased to 90  vessels this week (last week 85). The vessels waiting at main coal loading ports were at Haypoint/4, DBCT/16, Gladstone/14, Abbot Point/4, New Castle/43, Port Kembla/11 vessels.

On the WC Australia iron ore vessels waiting was at 70 vessels (last week 53).

The brent crude oil prices closed at  US$ 111.53 per barrel and bunkers prices closed at US$ 739.00 pmt (last week US$ 740 pmt) for IFO 380 cst ex Singapore on 27th Jan 2012.

Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)



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

Recent News

Wednesday, 07 March 12
ASSESS ASIAS POTENTIAL, DEVELOPMENTS AND APPETITE FOR SHALE AT SHALE GAS SUMMIT
Press Release - Assess Asia’s Potential, Developments and Appetite for Shale at Shale Gas Summit on 23-24 Apr, 2012 in Beijing China is rep ...


Wednesday, 07 March 12
3RD MOZAMBIQUE COAL CONFERENCE
3rd Mozambique Coal Conference 2-4 July 2012 | Joaquim Chissano International Conference Centre , Maputo, Mozambique http://www.immevents.com/mo ...


Wednesday, 07 March 12
DRY BULK MARKET KEEPS UP TIMID REBOUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its rising momentum yesterday, rising for the eighth straight session, on the back of renewed demand for smaller bulk c ...


Wednesday, 07 March 12
BUKIT ASAM EYES 39% RISE IN COAL SALES - INSIDER STORIES
Insider Stories reported that, PT Bukit Asam Tbk is scouting a 39% increase in coal sales volume to 18.66 million tons this year from last year with ...


Wednesday, 07 March 12
PETROSEA SEALS US$188 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, coal mining contractor PT Petrosea Tbk has secured a US$188 million additional contract from its affiliated firm PT S ...


   963 964 965 966 967   
Showing 4821 to 4825 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 ...

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