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
Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING


COALspot.com (Singapore):
The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovered and closed at 2,752 points almost at same levels as last week.

The cape , panamax and supramax index was down by about 7 pct and closed at 4,708 , 2,391 and 1,709 respectively. The handysize index was almost steady and closed at 829 points. The average charter rates on closing of this week was at Cape / US$ 47,719 , Panamax / US$ 19,213, Supramax / US$ 17,875 and Handysize / US$ 12,010.

As we had mentioned earlier the BDI resistence levels seems to be around 2,500 points and seems next week the BDI will move up again by 10/15 pct and would be around 3,000 points .

The china's uncertainty of iron ore and coal imports seems to be the main reason of the week shipping market and is expected to be volatile for some time. The charter rates for supramax opening Far East was at around US$ 14,000 pday , however spot vessels for short voyages were reported fixed at lower levels. The Supramax rates from India to China was at around US$  21,000/22,000 per day.

This week both these routes are expected to be firming up.

According to Capt. Reddy, MD of Vistaar Shipping, one year charter rates for Supramax was at around US$ 17,000 per day and short period rates for vessels opening Far East.SE Asia was around US$ 17,000-18,000 per day. He further said, Two / Three year charter rates is around US$ 15000-16000 per day.

The congestion in Australia seems to be easing off slightly with about 94 coal vessels waiting EC Australia and 22 iron ore vessels waiting WC Australia.  The congestion in EC India Paradip and Visakhapatnam continues to be high with almost about 12/14 days waiting and this is expected to continue for some more time.

The crude prices was fairly firm during the week with brent crude , however on 14th Aug closed a bit lower at around US$ 70.70 per barrel.  However the bunker prices for IFO(380 cst) prices ex Singapore continued to be firm at around IFO(380cst)/usd 445 pmt.

Click here for Vistaar's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes. (cs)



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

Recent News

Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009  the steam coal prices sank massive in comparison to the previous years quart ...


Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal State-owned trading firm MMTC Ltd has scrapped its controversi ...


Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...


Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...


Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...


   1297 1298 1299 1300 1301   
Showing 6491 to 6495 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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