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, 01 December 13
PANAMAX RATES HAVE REBOUNDED - CAPT. REDDY


COALspot.com: The freight market was quite firm last week with all the indices increased. Cape Index was gained highest this week which supports increase of BDI.

The international dry bulk market ended last week with the Baltic Dry Index (BDI) at 1,821  points, an increase of 338 points of 22.79% from a week ago and the average cape index was up by 29.25 pct for the same period. Capesize rates index rebounded and was closed at 3,089 points and the Panamax index also saw a good gain week ended 29 November. Panamax index was closed  1665 points up by 22.25 percent compared to a week ago. The Supramax and handy size indices were also moved up steadily last few weeks. Supramax was up by 5.88 pct closed at 1,475 and Handy up 4.94 pct and closed at 764 points W-W.

The Supramax charter rates continued to be firm in the far east/SE Asia and the freight rates remained firm from Indonesia to India and China with owners getting a premium for WC India. The demand for Bauxite and nickel ore shipments from Indonesia remained high which keeping the charter rates firm in this region. Ships from EC India were being fixed around US$ 14,000 for trip via Indonesia to China. The charter rates expected to remain firm next week too. The panamax charter rates also firmed up and the Large , Modern and Economical type panamaxes were asking average US$ 13,000 for a trip via Indonesia to India.

The average charter rates was at Cape/US$ 24,611 per day , Panamax/US$ 13,293 per day , Supramax/US$ 15,424 per day and Handy size/US$ 10,870 per day.

The futures for three years (2014-2016) were at around Cape/US$ 18,000 per day, Panamax/US$ 12,000 per day, Supramax/US$ 12,000 per day , Handy size/US$ 9,500 per day.

The Supramax rates in the far east (S8 route) ended this week averaging US$ 15,938 per day (last week it was at US$ 14,920 per day) which was an increase of $1018 (6.82%) from a week ago and charter rates were firm.

In the meantime, the S7 route was at same levels or no changes this week compared to last week. The Supramax rates in the far east (S7 route) ended this week averaging US$ 7,875 per day (last week it was at US$ 7,875 per day).

However, the charter rates from EC India was firm and ships were being fixed around at US$ 13,000 per day for a trip to China. The freight market in this sector is expected to be firm next week too.

The Brent crude oil prices was soft down by 1.22 pct and closed at US$ 109.69 per barrel (last week US$ 111.05 per barrel). The bunker price was also soft and closed at 606.00 pmt (IFO 380 cst ex Singapore on 29th  Nov 2013).

Baltic Dry Index  - UP
Cape index - UP
Panamax index - UP
Supramax index - UP
Handy index: - UP
(as of week ended 29 November 2013 (W-W)) 

Click here for Solym Singapore's forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)

The information provided by SOLYM Carriers Pte Ltd, Singapore in this report is provided for information purposes only. No claim is made as to accuracy of the content in this report at any time. Solym Carriers Pte Ltd, Singapore and their Group companies or Subsidiaries do not accept any liability to any person or Company for the information provided in this report. No responsibility is taken for any information of services that may appear in this report.



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

Recent News

Friday, 17 January 14
DRY BULK MARKET ENDS DECLINE, BOUNCES BACK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's been a rough start to the New Year for the dry bulk market, which was supposed to be on the verge of rallying to new heights this year, on the ...


Friday, 17 January 14
SPOT COAL PRICE TRENDS IN US VARY ACROSS KEY BASINS DURING 2013, SAYS EIA
COALspot.com: Spot steam coal price trends in US varied across key basins in 2013, a latest EIA report says. Compared with 2012, while total coal de ...


Thursday, 16 January 14
PANAMAX : THE GAP BETWEEN SPOT AND PERIOD HAS INCREASED IN BOTH HEMISPHERES - FEARNRESEARCH
Handy In the Atlantic we have seen rates slowly sliding on lack of enough fresh business. USG/Continent still paying excess 28k and seems on an upw ...


Thursday, 16 January 14
SHIP OWNERS SCRAP 1,119 SHIPS DURING 2013 ON THE BACK OF OVERSUPPLY ISSUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Scrapping of older vessels is still the best bet that ship owners can make, in order to improve their newer vessels' fortunes, amid an oversupply o ...


Wednesday, 15 January 14
KOREA MIDLAND POWER CO INVITES BIDS FOR 360K MT OF SUB-BITUMINOUS COAL FOR ITS BORYEONG PLANT
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 360,000 Metric Tons (MT) of sub-bituminous ...


   779 780 781 782 783   
Showing 3901 to 3905 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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