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, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR


COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by 11 pct to 2,677 points and charter rate dropped by US$ 4,200 this week to US$ 23,317 per day.

The cape index has been softening continuously since July 2009 and seems that there would be pressure on Cape size vessels in next coming weeks. The Panamax index softened this week and the index dropped by 10 pct to 2,317 points. The Supramax / Handy size index has been steady this week and closed at 2,058 and 960 points respectively. The charter hire end of this week was at Cape / US$ 23,317 per day, Panamax / US$ 18,593 per day, Supramax / US$ 21,514 per day and Handy size / US$ 13,529 per day.

The Supramax index in the Far East (S6 route) continued to be holding and the charter hire was at US$ 14,900 per day. The ECI / China (S7) route also firmed up by 6 pct and the charter hire was at US$ 19,613 per day. The India / Far East seems will be firm next week.

Short period rates for Supramax was around US$ 17,000 per day for vessels opening Far East / SE Asia. The futures for three years for 2010-2012 is around Cape / US$ 23,000 per day, Panamax / US$ 15,000 per day, Supramax / US$ 14,000 per day, Handy size / US$ 10,500 per day.

According to Allied Ship broking’s latest weekly report, the global order book for all ship types equals to more than 4,800 vessels, with expected deliveries from 2009 and up to 2012.

During this year, there are expected deliveries of 690 dry bulk vessels, with their numbers almost doubling at 1,273 in 2010, before dropping to 940 in 2011 and even lower at 345 in 2012.

As far as tankers are concerned, owners are expected to accept deliveries of 508 in 2009, 600 in 2010, 400 in 2011 and just 56 in 2012.

The unprecedented deliveries of this large volume is definitely likely to put pressure on charter rates says Capt. Reddy, Managing Director of Vistaar Shipping, an experienced ship operator in Singapore.

The congestion in Australia was at 112 vessels in EC Australia and 18 iron ore vessels waiting WC Australia. 

The berthing delays at DBCT is almost at 24 days and New Castle at 12 days. The congestion in EC India Paradip and Visakhapatnam continues to be uncertain.

The crude prices was soft this week and Brent crude was at US$ 65 pmt per barrel and the bunker prices was around US$ 417 pmt for IFO (380 CST) prices ex Singapore.

Click here for Vistaar’ s forecasted (terms & conditions apply) 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, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4, ...


Wednesday, 23 September 09
NAVA BHARAT TO ADD 300MW CAPACITY, RAISE RS1,386 CRORE (US$ 289,674,610)
The firm plans to place orders for equipment by the end of October and commission both the plants by April 2012 to sell power in the open market ...


Tuesday, 22 September 09
ASIA COAL-PRICES TOPS $70 AS TRADERS SEEK BARGAINS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, rose for the second week to top $70 a tonne this week, clawi ...


Tuesday, 22 September 09
QINHUANGDAO COAL PRICES SURGE ON STRONG DEMAND
People's Daily Online reported that, Coal prices at Qinhuangdao port, China's largest coal port, witnessed the sharpest increase in the year last ...


Tuesday, 22 September 09
SHORT PERIOD RATE FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI just dropping by about 5 pct to 2,356 points last week. The change ...


   1280 1281 1282 1283 1284   
Showing 6406 to 6410 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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