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
Tuesday, 03 July 18
SUPRAMAX: A 56,000-DWT WAS FIXED BASIS DELIVERY SINGAPORE TRIP VIA INDONESIA, REDELIVERY CHINA, AT $12,100 - BALTIC BRIEFING
Baltic BriefingCapesize
The market generally drifted and by mid-week dropped to what some felt was an artificially low level, only to bounce back at the end of the week to better levels as more cargo was quoting in both the Pacific and Atlantic.
 
Ore movements from West Australia were being fixed at around $7.20 level before dipping to $6.75 mid-week. By Thursday, Oldendorff had fixed Mingwah tonnage at $6.95 for mid-July loading and the sentiment was suggesting $7 might be breached again.
 
The KEPCO tender for Newcastle to Dangjin loading 16/20 July was awarded to Hyundai Glovis at $9.61.
 
US Steel fixed NYK tonnage for their 120,000 10% cargo from Quebec to Oita loading end July at around $32. Rates from Brazil nudged up a shade with recent fixtures like NYK’s ‘Lowlands Orchid’ (176,193 2005) loading Tubarao 20/25 July at $19.75 to Trafigura, while the ‘Ocean Confidence’ (174,332 2005 Daelim re-let) was loading 15/24 July at $19.80 to Polaris. Today there is talk of the ‘Gotia’ (178,010 2012 Phaethon re-let) fixing basis Sudeste to China with an eta of 24 July at $22.15 to Trafigura.
 
The Berge Weisshorn (171,995 2004) is said to have fixed trans-Atlantic business, but it is not certain whether on T/C basis or voyage, with rumours of a rate around $10.75 for Bolivar to Rotterdam being mentioned to Oldendorff.
 
Panamax
Finally, a week bereft of holidays and the market appeared to consolidate. The Atlantic saw more enquiry in the North for both front haul and trans-Atlantic trades, which has led to a clear out of tonnage, with rates stabilising and in some cases showing improvement. EC America was again very active and consumed a lot of ballasters. However, a weak Ultramax market has seen them take a few smaller stems, with an end July cargo from Paranagua to China fixed at $35.25 per mt this week, compared to $36.00 per mt last week. Despite this, in general, timecharter levels remained flat. The Pacific also began to turn the corner, with renewed grain enquiry in the North and more mineral business from Australia. However, the early ships continued to struggle to find cover and even the normally busy Indonesian market experienced a slower week. Owners are still being drawn to EC South America, and there was also more period interest as the paper market showed some improvement, with the next expected move likely to be up.
 
Supramax
With both basins struggling, it was a week full of negative sentiment. With less enquiry and longer tonnage lists, all routes lost ground. Despite the gloomy feel period activity remained. A 63,000-dwt open West Africa was covered for eight to ten months, trading at $14,000. From the East, a 60,400-dwt was reported fixed basis delivery Ganyu end of June for four to six months redelivery worldwide at $14,000.
 
In the Atlantic, pressure remained on rates, especially from the Eastern Mediterranean, with a ready supply of tonnage. An Ultramax was fixed at under $16,000 from here to the Far East. From the Continent, scrap continued to move, albeit with weaker rates. A 53,000-dwt was reported covered delivery Antwerp for a trip East Mediterranean at $11,900. Little activity from the US Gulf again this week, an Ultramax was linked to a front haul at close to $22,000 at the beginning of the week. From EC South America, limited activity, an Ultramax was on subjects for a trip to SE Asia at around $14,000 plus $400,000 ballast bonus.
 
The Asian market also lacked impetus. A 58,000-dwt was rumoured fixed basis delivery Dalian for a NoPac round redelivery Cebu at $11,350. Further south, a 56,000-dwt was fixed basis delivery Singapore trip via Indonesia, redelivery China, at $12,100. In addition, a 55,800-dwt was reported failed basis delivery Map Ta Phut, redelivery Chittagong, at $13,000. The Indian Ocean also had a lacklustre feel, but a 57,000-dwt was reported basis delivery Hazira trip via Bandar Abbas, redelivery EC India, at $15,000.
 
Handysize
Overall it was a dull week, with a single-digit drop for the Handysize index throughout the week. Most of the routes slipped in both the Atlantic and Pacific basin. On the period front, a 35,000-dwt 2018-built open Casablanca in early July was fixed for the balance of period for about five to seven months at a rate in the $11,000s. In the Mediterranean and the Black Sea area, a 31,000-dwt open Canakkale was failed for a trip via the Black Sea to the US Gulf at $7,500 for the first 40 days and $8,500 thereafter, and failed again for a similar run at $7,750 and $8,850 respectively. Another 33,500-dwt open Iskenderun, was later booked for this route at $6,500 for the first 40 days and $8,500 afterwards. There was also talk of a Handymax fixing at mid $12,000s for a Black Sea to Ravenna trip, whilst a 27,000-dwt open spot in Canakkale was reportedly failed on subjects for a trip to the similar redelivery at $8,000. A 35,000-dwt open Hamburg was fixed for a trip to the East Mediterranean at low $11,000. In the East, a 34,000-dwt open Cebu was fixed to run via Indonesia to Vietnam at $8,500.
Source: Baltic Briefing


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

Recent News

Thursday, 05 July 18
INDONESIAN COAL PRICE REFERENCE HITS 74 MONTHS HIGH OF $104.65 A TON
COALspot.com: HBA keeps rising. According to latest ministerial decree No.1892 K/30/MEM/2018 dated 2 July 2018, the Indonesian Coal Price Reference ...


Wednesday, 04 July 18
TANKER MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
2 years tanker briefing in tanker asset prices   The tanker market is undoubtedly passing one of its’ roughest times over the la ...


Tuesday, 03 July 18
COAL, THE SECOND MAIN COMMODITY FOR CAPES, HAS BEEN SHOWING A REMARKABLE RISE IN TRADE VOLUMES IN THE YEAR SO FAR - THOMAS CHASAPIS
Having reached the mid-point in the year, it seems to be a good time to summarize the overall trends noted in the Dry Bulk sector and more specific ...


Tuesday, 03 July 18
COAL OVERTAKES IRON ORE IN GOVERNMENT FORECASTS AS AUSTRALIA'S LARGEST EXPORT FOR 2018-19 - MINERALS COUNCIL OF AUSTRALIA
Coal is forecast to be Australia’s largest export earner at $58.1 billion in 2018-19 with iron ore exports forecast to earn $57.7 billion in ...


Monday, 02 July 18
THIESS SECURES NEW QCOAL NORTHERN HUB $480M CONTRACT
Thiess has been awarded a new A$480 million contract by QCoal to continue operations at the QCoal Northern Hub located in Queensland’s Bowen ...


   335 336 337 338 339   
Showing 1681 to 1685 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 ...

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