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
Sunday, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE


COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.

The Cape Size and Panamax index also fell by 8.85 pct (closing at 1,298 points) and 17.17 pct (897 points)  respectively. The Supramax and Handysize index fell by 8.50 pct (closing at 1,023 points) and 4.61 points (closing at 621 points) respectively.

The freight market from Indonesia to India was weak and soft.

The spot fixture rates for Supramax in SE Asia remained weak with vessels trading around $ 7000  Indonesia with ballast bonus.  Short period rate for Supramax reported around $ 9500 per day and for Panamax around $ 8500 delivery Far east.

The shipping market is expected to be weak in next coming weeks and at the moment the supply is more than the demand.

The average charter rates was at Cape/$ 4814 per day , Panamax/$ 7138 per day , Supramax/$ 10694 per day and Handysize/$ 9217 per day.

The futures for three years (2012-2015) was at around Cape/$ 14500 per day, Panamax/$ 10500 per day, Supramax/$ 10500 per day , Handysize/$ 9000 per day.

The supramax index in the feast (S8 route) was down by 30.38 pct and closed at $ 4,968  per day (last week it was at $ 7,136 per day) and S7 route  was down by 21.33 pct  and closed at $ 5,550 per day (last week $ 7,055 per day) .

Both routes likely to be soft next week.

The congestion in EC Australia was at 90 vessels this week (last week 78 vessels).  The vessels waiting at main coal loading ports were at Haypoint/6, DBCT/8, Gladstone/11, Abbot Point/3, New Castle/50, Port Kembla/12 vessels. On the WC Australia iron ore vessels waiting was at 31 vessels (last week 34 vessels).

The Brent crude oil prices softened by 7.58 pct closed at $ 98.68 per barrel (last week  $ 106.78 per barrel) and bunkers prices also softened closing at $ 611.00 pmt (last week $ 653.50 pmt) for IFO 380 cst ex Singapore on 1st June 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

Tuesday, 21 February 12
THREAT ISSUED ON MINERAL FIRMS AS GOVT PLANS EXPORT BAN - THE JAKARTA POST
The Jakarta Post, one of the leading english news papaer in Indonesia reported that, the government has given mineral producers three months to subm ...


Monday, 20 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU
The dry market experienced one more disappointing week with tonnage oversupply and limited cargo demand that pushes earnings for shipping players to ...


Monday, 20 February 12
JATENERGY SECURES FIRST 8000-TONNE COAL SALES CONTRACT FOR JONGKANG MINES
8000-tonne contract with Singaporean buyer signed for March delivery 50% down payment due in five working days Production continues at both Jongka ...


Monday, 20 February 12
DIAN SWASTATIKA ACQUIRES ANDALAN LESTARI - INSIDER STORIES
Insider Stories reported that, PT Dian Swastatika Sentosa Tbk (DSSA), controlled by Fuganto Widjaja, son of Indra Widjaja, reported a 99.83% takeove ...


Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...


   967 968 969 970 971   
Showing 4841 to 4845 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 ...

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