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

Saturday, 30 November 13
NTPC STARTED IMPORTING COAL THROUGH NW1 FOR ITS FARAKKA POWER PLANT
COALspot.com: In a pioneering and path breaking operation, the very first consignment of about 69,060 metric tons of imported coal bought by MV HUAY ...


Friday, 29 November 13
DRY BULK MARKET BACK ON HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market is strengthening as a result of higher demand for Capesize vessels. The BDI (Baltic Dry Index) was up by 146 points yesterday, e ...


Wednesday, 27 November 13
DRY SEGMENTS EXCEPTION OF PANAMAXES, REMAINED OVERALL STABLE - INTERMODAL
COALspot.com : The Dry Bulk market closed off the week in the red, albeit the decrease noted was of short scale. With the exception of Panamaxes, th ...


Wednesday, 27 November 13
US WHEAT IMPORTS TO BRAZIL, REACHED A 35 - YEAR HIGH - EVA TZIMA
COALspot.com: As I am going through a number of dry market fixtures reported since the beginning of October, my eyes instinctively stop where they d ...


Wednesday, 27 November 13
SHIP OWNERS ONCE AGAIN TURN TO DRY BULK CARRIERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners once again turned to more dry bulk carrier ordering over the course of the past week, as more and more appear convinced of the industry ...


   796 797 798 799 800   
Showing 3986 to 3990 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 ...

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