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

Saturday, 17 December 11
THE FREIGHT MARKET SEEMS TO HAVE ALMOST BOTTOMED OUT AND MAY REMAIN STEADY AT THESE LEVELS CAPT REDDY
COALspot.com - The BDI and Cape index closed lower this week with BDI closing at 1,888 points (down by 1.76 pct) and Cape index at 3,572 points (dow ...


Friday, 16 December 11
DRY BULK MARKET LOSES TRACK ON CAPESIZE LOSSES, SHIP FINANCING REMAINS TROUBLESOME - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn’t manage to sustain earlier gains, losing track yesterday, on reduced Capesize demand and persisting troubles in smal ...


Thursday, 15 December 11
BERAU SEES INDIA AS POTENTIAL MARKET FOR LOW-CALORIE COAL - THE JAKARTA POST
The Jakarta Post reported that, Publicly listed coal mining company PT Berau Coal Energy (BRAU), the fifth largest coal producer in Indonesia, sees ...


Thursday, 15 December 11
PANAMAX HARDLY AFFECTED BY THE RECENT FIRMER TENDENCY FOR THE BIG SISTERS - FEARNBULK
Handy The rates are more or less the same as last week. Continent/US Gulf fixing at tick below USD 10k and Gulf/Continent levels at USD 25k. Trips ...


Thursday, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...


   984 985 986 987 988   
Showing 4926 to 4930 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 ...

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