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

Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...


Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...


Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...


Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports.  "Pakistan's tota ...


Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...


   1127 1128 1129 1130 1131   
Showing 5641 to 5645 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 ...

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