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, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY


COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points.

BDI Index
The cape index also was quite firm and up by 536 points which is quite bug increase over last few weeks and index closed at 5,583 points. The Panamax index also was sharply up by 406 points which is an increase of about 13 pct last week and the index closed at 3,556 points.

There was not much increase in the Supramax and Handysize and closed at 1,888 points and 885 points respectively. The average charter hire was at Cape / US$ 58,627 per day, Panamax / US$ 28,549 per day , Supramax / US$ 19,736 per day and Handysize / US$ 12,700 per day.

Charter Hire
The supramax index in the Far East (S6 route) was quite firm this week at US$ 18,710 per day. The ECI / China (S7) route was also quite firm at US$ 20,075 per day. The Far East / SE Asia market continued to be quite firm this week with most supramax demanding close to US$ 20,000 per day.

Short period rates for Supramax was at US$ 18,500 / 19,000 per day for vessels opening Far East / SE Asia. There a Supramax reported fixed for US$ 16,000 per day for 2 years. There has been quite few Panamax period fixtures reported this week , one year period charter was report at US$ 20,000 per day and 2 year period rate reported at US$ 18,000 per day.

According to Chartering team of Vistaar Singapore, the futures for three years for 2010-2012 is around Cape / US$ 27,000 per day, Panamax / US$ 16,500 per day, Supramax / US$ 14,250 per day & Handysize / US$ 10,750 per day

The iron ore movement seems to be picking up again with vessels reported fixed at US$ 25,000 per day from WC India to China.

"The steam coal movement from Indonesia and South Africa to India remained quite strong" says Capt. Reddy, Managing Director of Vistaar Shipping, Singapore

The congestion in Australia increased to 116 vessels in EC Australia , whereas in the WC Australia the vessels waiting reduced and was only at 9 iron ore vessels.  The berthing delays at DBCT continued to be around 30/40 days and New Castle at 10 days. The congestion in Paradip and Haldia continues to high and uncertain.

Crude Oil
The brent crude prices moved up sharply this week to almost US$ 80 per barrel , however towards the close of week there was bit of softening and was at US$ 75.91 per barrel. The  bunker prices was around US$ 470 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

Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...


Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank. The effort was ...


Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...


Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...


Thursday, 05 November 09
MERCATOR LINES AIMS TO BECOME A $5 BILLION COMPANY
Mercator Lines, India’s second largest private sector shipping line, plans to invest and expand, riding India’s next wave of growth, the ...


   1252 1253 1254 1255 1256   
Showing 6266 to 6270 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 ...

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