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, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY


COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been forced to fix at low numbers. The trend may continue at least until next week till the Chinese New year holidays are over.

BDI INDEX
The BDI dropped by 144 points by 5 pct and closed at 2,571 points. The cape index dropped by 215 points by 6 pct and closed at 3,259 points. The Panamax dropped only by about 4 pct this week compared to 8 pct last week and was down by 113 points and closed at 3,141 points. The Supramax index dropped by 108 points by 5 pct and closed at 2,048 points.

The handy size index dropped by 18 points by about 2 pct and closed at 1,038 points.

CHARTER HIRE
The average charter hire was at Cape US$ 29,649 per day, Panamax US$ 21.,412 per day, Supramax US$ 21,112 per day and Handy size US$ 15,169 per day.

“Short period rates for Supramax was around US$ 21,000 – 22,000 per day for vessels opening Far East / SE Asia” - Vistaar Shipping

The Supramax index in the Far East (S6 route) continued to softened and was down by US$ 1,572 per day and closed at US$ 14,998 per day. Next week also would continue to be soft because of Chinese new year holidays . The ECI/China (S7) route was almost at same levels with a drop of only US$ 528 per day and closed slightly lower at US$ 25,335 per day mainly.

Short period rates for Supramax was around US$ 21/22000 per day for vessels opening Far East/SE Asia. Supramax charter rates for one year is around US$ 19000 per day.

THREE YEARS FUTURE
The futures for three years (2010-2012) remained unchanged and was at around Cape US$  28,000 per day, Panamax US$ 18,500 per day, Supramax US$  15,500 per day, Handy size US$  12,500 per day.

PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be high at 148 vessels (last week 148 vessels), which is highest in 3 yrs. The congestion increased due to bad weather. The number of vessels waiting at DBCT and Newcastle was around 60 vessels. The  waiting at DBCT was around 30 days , Hay point and Gladstone 10-12 days and Newcastle about 16 days. On the WC Australia  iron ore vessels waiting was same as last week at 22 vessels (last week 25 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.

CRUDE
The crude prices firmed up this week and the Brent crude prices was at US$ 72.90 per barrel (last week US$ 70.23 per barrel). The  prices of bunkers also was up at US$456 pmts (IFO 380 cst ex Singapore) on 12th Feb 2010.

FREIGHT FORECAST
Click here for Vistaar’s forecasted (subject to terms & conditions) 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

Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In  May 2010 the BDI touched ...


Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...


Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...


Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...


Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia  reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...


   1082 1083 1084 1085 1086   
Showing 5416 to 5420 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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