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, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...


Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies. N ...


Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...


Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...


Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks. The BDI softened ...


   1150 1151 1152 1153 1154   
Showing 5756 to 5760 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 ...

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