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
Monday, 22 June 20
KAMSARMAX TYPES REGULARLY HIT THE $9,000 PER DAY LEVEL FOR INDONESIAN COAL RUN TO CHINA, BALTIC BRIEFING SAYS
Baltic Briefing LogoCapesize
The Capesize market trajectory this week has been one of the steepest rallies the sector has experienced. Opening at $12,410, the sector had almost doubled to $25,511 by the end of the week as the Atlantic basin surged into life v reported in its latest weekly update. 
 
Baltic Briefing further noted that, a barrage of negative fundaments in recent times has weighed heavily on Cape demand and pushed imbalances into the fleet positioning. Strengthening iron ore demand in the Far East has been answered by fronthaul loading location sparking a revival of sorts. The Atlantic Basin, bereft of business weeks back, has now reached unexpected heights settling at $23,850 – a lift of +$15,200 on the week. The Pacific Basin was largely swept up in the sentiment this week, as it was forced to compete for vessels being lured away to greener pastures. Voyage route C5 West Australia to China reached a high Thursday at $8.918 to drop slightly to $8.841 to close the week. Ending Friday the Capesize 5TC posted its smallest daily gain for the week of +231 and appeared to have reached an altitude too high to survive.
 
Panamax
Commenting on Panamax, Baltic Briefing says, a dramatic week in the Panamax world with the Atlantic market sparking into life.  Route P1A marked at $4,670 on Monday and virtually doubled in value over the week, whilst P2a gained well over $3,000 on the week too. Tight tonnage count in the north Atlantic for June and improved demand from the US Gulf – as well as steady flow from EC South America – were the main contributors to said push. In Asia, Baltic Briefing further says, a less frenetic pace, but a week in which saw the market gain in values. Solid coal demand from Indonesia being the main demand driver, as well as sourcing of tonnage in the Asian basin for US Gulf and EC South America trade all impacted rates. On the Indonesian coal run to China, several Kamsarmax types regularly hit the $9,000 level for such trade. Confidence in the market for the rest of the year gave testament to an improved number of period fixtures this week, the highlight being an 81,000dwt achieving $12,500 for short period.
 
Supramax/Ultramax
According to Baltic Briefing, BSI, like the larger sizes, gained during the week closing 45 points up from Monday. Increased demand was seen from a few key areas. A 61,000-dwt open US Gulf, fixing nine to 11 months, at $11,150 with redelivery Atlantic. From Asia a 58,000-dwt open north China, fixed three to five months, in the low $9,000s. From the Atlantic increased enquiry from east coast south America helped rates with Ultramax sizes being covered in the upper $12,000s, plus upper $200,000s ballast bonus for fronthaul business. From the Continent there was also stronger demand. A 57,000-dwt fixing a trip to the east Mediterranean with scrap in the upper $7,000s. Like the previous week, the Indian Ocean remained firm and drew vessels from south east Asia. A 56,000 fixing delivery Gresik trip via South Africa redelivery in the far east at $10,000. Nickel ore demand remained a 61,000-dwt fixing delivery Tianjin via Philippines redelivery south China at $8,500 option north China at $9,000.
 
Handysize
Rates remained strong in both basins and further improved throughout the week. The Continent and Mediterranean market saw better numbers compared with last week, whilst east coast South America and the US Gulf continued firming up. Particularly in the East, the Pacific routes recorded the highest values since 2020 began with the rates gaining over $3,000 respectively on each route over the last 40 days. Mid-sized Handysize were fixed from east coast South America in the range of $7,000 to $8,000 for a transatlantic run. Handy vessels were reported fixed from Canakkale for a trip via east Mediterranean / Black Sea to redeliver in the US Gulf in the mid/low $5,000s. A 35,000-dwt delivery in the Philippines was fixed for a trip to China in the mid/high $8,000s and a 34,000-dwt open Indonesia was fixed for a steel trip via Indonesia to Hong Kong in the low $8,000s.


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

Recent News

Tuesday, 12 May 20
CAN INDONESIA'S COAL INDUSTRY SURVIVE COVID-19? : IEEFA
Pandemic Lockdown and Slumping Prices Put Extreme Pressure on Coal Miners   Executive Summary While attention has been focused on th ...


Tuesday, 12 May 20
INDIA'S COAL PRODUCTION TO CLOCK RECORD 700 MILLION TONNES IN FY21: COAL SECRETARY - PTI
Coal Secretary Anil Jain said FY20 coal production was lower than the target of 660 million tonnes because of flooding of a key coal mine. &nbs ...


Monday, 11 May 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...


Monday, 11 May 20
CORONAVIRUS PUTS MORE THAN A THIRD OF SEABORNE COAL SUPPLY AT RISK - WOOD MACKENZIE
The full impact of the coronavirus outbreak on the global economy is yet unclear. However, the demand destruction is already becoming evident, with ...


Saturday, 09 May 20
ANGLO AMERICAN CONSIDERS SPINNING OFF SOUTH AFRICAN COAL OPERATIONS - REUTERS
Diversified miner Anglo American said on Thursday it prefers unbundling and listing its thermal coal operations in South Africa on the Johannesburg ...


   193 194 195 196 197   
Showing 971 to 975 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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