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
Thursday, 03 May 12
HANDY EAST COAST INDIA - CHINA AROUND USD 7000 - FEARNLEYS AS


Handy - Stable demand in the Atlantic offered good rates for the tonnage.

USG/Cont was worth USD 17500 and more. Baltic and Black Sea appeared to be nice places as well and paid FE destinations in excess of USD 18k/day for Black Sea/Aden able vessels and over USD 16k daily for Baltic carriers. Short period in the Atlantic stayed almost unchanged at USD 15/16k levels. Pacific market has softened due to on-going holidays and extended weekend in FEast. For Indo-India, large eco Supra can fetch close to USD 8k bss N.China. Nickel ore cargoes are seen fixed at USD 10k dely N.China. Nopac also fixed around USD 9k dop Japan. Indian iron ore market remains quiet with less activity on WCI & ECI. WCI-China rates around USD 11k and ECI-China around USD 7k. Some ECI Supras have been ballasting to pick up Indo cargoes as well. RBCT rv fixed at APS USD 11k + BB USD 350k. Red Sea fertilisers to India are fixed high teens. Not much activity on short period and rates around USD 12k for large Supra.

Panamax - The Panamax market has experienced a major upturn the last couple of weeks.

This trend has now stopped, and it might only be short lived correction until rates will keep on firming. The trend has been driven mainly by coal cargos with India and China being the 2 major buyers of same. We believe this will continue for a while as the prices for US coal are historically low for the Chinese. India announced that they would need to import about 15 million mt more coal, and this will again tie up tonnage and make the Atlantic more tight. Tarvs are now fixing around USD 16k while the Fhauls are being concluded at a strong 22/23k per day. In the Pacific, rounds are being fixed at around USD 11-11.5k. The short period market has seen some deals being concluded at around 11.5/11.8k for Pacific delivery.

Capesize - The Cape market has continued to be depressed.

The Pacific is weaker and rates from Western Australia have fallen to USD 7.40 from about USD 7.60+ last week. The front haul market has also fallen to about USD 20.70. The only bright spot is the US coal that has become competitive in the Chinese market and several sales have been concluded with tonnage ballasting from the Far East. This is due to the continued lack of tonnage in the Atlantic, with the few ships that are open preferring to continue to trade within the Atlantic. Short period has also been quiet with only a couple of fixtures done at a suggested level of USD 12k per day, which is still a significant premium to the spot market.
Source: FEARNLEYS AS



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

Recent News

Friday, 04 May 12
DEMOLITION KEY FOR DRY BULK MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The overflow of newbuilding vessels which “spilled over” into 2012 from 2011 brought the dry bulk market to a near collapse level at the ...


Thursday, 03 May 12
DRY BULK MARKET REMAINS INACTIVE, POSTING MILD DECREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
  The dry bulk market has kept retreating this week, although at a very low pace, on the back of a lull in demand. The industry's benchmark, th ...


Thursday, 03 May 12
MINERS DEMAND LEGAL CERTAINTY ON PRE-BAN INTERIM POLICY - THE JAKARTA POST
The Jakarta Post reported that, Mining companies represented by the Indonesian Mining Association (IMA) welcomed the government’s plan to impo ...


Wednesday, 02 May 12
CHINA BLACKOUTS HIGHLIGHT PRICING POLICY WEAKNESS - FITCH
Fitch reported that,  the likelihood of further electricity blackouts in China this summer underlines Fitch's view of the basic problem f ...


Tuesday, 01 May 12
VIETNAM FEARS IT MAY NOT SEEK COAL SUPPLIES - TBKTSG / VIETNAMNET BRIDGE
TBKTSG / VietNamNet Bridge reported that, with five coal-run thermopower plants under construction, PetroVietnam alone would need 18 million tons of ...


   947 948 949 950 951   
Showing 4741 to 4745 news of total 6871
News by Category
Popular News
 
Total Members : 28,695
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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