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, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY


COALspot.com (Singapore):
The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct this week to 4,107 points. The panama index also moved up by 14 pct this to 2,705 points. The supramax and handysize index did not change much and was almost at same levels. The average charter hire was at Cape / US$ 40,711 per day,Panamax / US$ 21,722 per day , Supramax / US$ 18,825 per day and Handysize / US$ 13,749 pday.

According to Vistaar Shipping, the supramax index in the Far East (S6 route) moved up by about US$ 500 and was at US$  14,970 per day. The ECI / China (S7) route was also slightly soft at US$ 18,533 per day. These routes is expected to move as the Chinese holidays are over.

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$ 24,000 per day, Panamax / US$ 15,000 per day, Supramax / US$ 14,000 per day, Handysize / US$ 10,500 per day says, Capt. Reddy, MD Vistaar Shipping, Singapore

According to yesterday’s weekly report by shipbrokers George Moundreas & Co, compiled by George Grigoriadis, India could also emerge as a potential “player” in the dry bulk market. “India is actively looking for new sources of coal, with Mozambique being the latest trend. According to Coal India Ltd., imports could increase by 140 million tonnes per year by 2012” said Mr. Grigoriadis.

He further adds that “this means in simple arithmetic and in Supramax terms, additional needs for 300 ships by 2012, just for this trade. The size of the current Supramax orderbook for the period 2010-2013 is about 50% of this, which is a clear indication that the days of balance (between supply and demand) may not come soon, but they will arrive sooner than what we think”. Still, in the short and mid-term this type of dependence from emerging economies must be reduced during 2010, through a speedier recovery and contribution to tonnage demand from the US, the EU and Japan, in order for the freight market to withstand the delivery of almost five new dry bulk carriers per day, as dictated by the current global orderbook.

The congestion in Australia was slightly less at 122 in EC Australia and 22 iron ore vessels waiting WC Australia.  The berthing delays at DBCT continued to be around 24 days and New Castle at 16 days. The congestion in Paradip and Haldia continues to high and uncertain.

The crude prices slightly moved up this week and brent crude was at US$ 69.50 per barrel and the bunker prices was around US$ 431 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 specific routes
 (cs)



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

Recent News

Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply. ME ...


Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...


Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...


Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...


Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...


   1259 1260 1261 1262 1263   
Showing 6301 to 6305 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 ...

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