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, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...


Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...


Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...


Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...


Sunday, 25 December 11
THERMAL COAL PRICES GAINED UP TO 4.32 PERCENT
COALspot.com - globalCOAL index gained 4.32 percent to US$106.36 per ton in RBCT, benchmark for South Asia and West Europe markets, for the week end ...


   981 982 983 984 985   
Showing 4911 to 4915 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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