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, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR

 
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 1000 points on Friday closed at 966 points (down by 12.67 pct). 

The Baltic Dry Index is issued daily by the UK-based Baltic Exchange, and has been in existence since 1744. It tracks the worldwide international shipping prices of major raw materials and dry bulk cargoes by sea, including grain, iron ore, coal and other fossil fuels. The BDI measures the shipping costs of these raw materials for four different sizes of merchant vessels on 26 different geographic routes and averages them into one index.

The cape index has also dropped by 1.67 pct and closed at 1832 points. The Panamax also continued to fall this week closed at 936 points . The supramax and handy size index was almost at same levels down by less than 1 pct closing at 760 points and 470 points respectively.

The charter rates dropped towards second half of the week due to drops in demand. The Freight market likely to be soft next week too.

The average charter rate for  Cape was around US$ 12,066 per day , Panamax was at around US$ 7441 per day this week. In the meantime Supramax was at US$ 7,947 per day and Handy size US$ 6,589 per day.

The futures for three years (2013-2015) was at around Cape / $14000 per day, Panamax $ 9,500 per day, Supramax $ 9,500 per day  and Handy size$ 8000 per day.

The supramax index in the far east (S8 route) was down by 3.36 pct and closed at $ 9770 per day (last week it was at $ 10110 per day). The route S7 was also down by 1.46 pct  closed at $ 5725 per day (last week was at  $ 5810 per day) . The market seems to be weak this week and the freights from Indonesia to India also to be soft next week.

The congestion in EC Australia increased to 79 vessels this week (last week 67 vessels).  The vessels waiting at main coal loading ports were at Haypoint/4, DBCT/17, Gladstone/17, Abbot Point/2, New Castle/33, Port Kembla/2 vessels.

The Brent crude oil prices was down by 3.59 pct and closed at $ 107.16  per barrel (last week  $ 111.15 per barrel). The bunker prices closed higher at $ 595.00  (last week $ 600.50 pmt) for IFO 380 cst ex Singapore on 6th Dec 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

Sunday, 13 January 13
THE FREIGHT MARKET: FAIRLY STEADY - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices up with maximum gain in the Panamax segment. The BDI was up by 7.65 pct clo ...


Saturday, 12 January 13
SUB-BIT FOB INDONESIA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has lost 0.32 percent WoW  but CFR South China coal ship ...


Saturday, 12 January 13
HIGHER COAL PRICES: SEASONAL EFFECT
COALspot.com : Bahana Securities, one of the leading securities in Indonesia, said in its latest coal outlook that,  on US and China&rsquo ...


Friday, 11 January 13
HBA HAS JUMPED BY US$ 5.80 PMT IN JANUARY 2013
COALspot.com -  The Indonesian government has declared bench mark price for coal higher than December price. The monthly coal reference price f ...


Thursday, 10 January 13
PANAMAX : SOME GLIMMERS OF HOPE MID WEEK - FEARNLEYS
According to Fearnley’s weekly report, the Atlantic handy market is stable with rates around USD 11k for Cont-Feast and USD 17k bss USG/Feast. ...


   884 885 886 887 888   
Showing 4426 to 4430 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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