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

Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...


Thursday, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY Activity  has  gradually  improved  in  the  Atlantic  throughout  the  week.  All areas&n ...


Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...


Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...


Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...


   1191 1192 1193 1194 1195   
Showing 5961 to 5965 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 ...

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