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, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...


Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...


Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...


Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday. Bambang Setiawan, the director general of mineral r ...


Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...


   1221 1222 1223 1224 1225   
Showing 6111 to 6115 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 ...

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