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
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE


COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.

However it was interesting to see Cape Index down by almost 10 pct. The BDI had just increased by 24 points last week. Spot Supramax vessel opening far east were seen getting around US$ 18/19,000 per day and for short period around 24,000 per day.  This week most owners were keen to fix on period to take advantage of the firm market sentiment. 

The average charter hire was at Cape US$ 28,378 per day, Panamax US$ 27,326 per day, Supramax US$ 23,927 per day and Handy size US$ 16,872 per day.

BDI (Baltic dry index changes (As of 26 Feb 2010))

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
2738
2714
24
0.88
Baltic Cape Index
3174
3517
343 ¯
9.75
Baltic Panamax Index
3399
3179
220
6.92
Baltic Supra Index
2288
2077
211
10.16
Baltic Handy size Index
1153
1055
98
9.28

The Supramax index in the far east (S6 route) was quite firm and was by US$ 3,660 per day (up by 23 pct) and closed at US$ 19,540 per day. Next seems will also be firm at least beginning of the week. The ECI/China (S7) route moved up quite sharply and was up by US$ 6,667 per day (up by 25 pct) and closed at US$ 33,617 per day. Ships from WC India to china were seen being fixed at healthy levels at around US$ 38/40,000 per day. 

Supramax charter rates for one year is around US$ 19,000/20,000 per day.

THREE YEARS FUTURE
The futures for three years (2010-2012) remained unchanged and was at around Cape US$ 29,000 per day, Panamax US$ 20,000 per day, Supramax US$ 17,000 per day, Handy size, US$ 13,000 per day.

Iron ore and coal imports by China is continuing to be strong and is expected to keep the freight market firm. The coal import by India also is strong and will continue to increase.

PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be on the rise at 150 vessels (last week 143 vessels). The congestion increased due to bad weather and some shippers declaring force majeure. 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 7-10 days and Newcastle about 16 days. On the WC Australia  iron ore vessels waiting was same as last week at 23 vessels (last week 24 vessels).

The waiting at Indian ports for coal vessels was quite normal around 3/4 days.

CRUDE OIL
The crude prices was almost stable and the Brent crude prices closed at US$ 77.65 per barrel (last week US$ 78.37 per barrel). The  prices of bunkers also was up at US$ 455 pmts (ifo 380 cst ex Singapore) on 26th Feb 2010.

FREIGHT FORECAST
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
VISTAAR SHIPPING, SINGAPORE



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...


Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...


Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China * Firm bids in freight market * More shipments expected Colombian coal is starting to move ...


Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned  coal mining company,  is planning to build an additi ...


Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...


   1220 1221 1222 1223 1224   
Showing 6106 to 6110 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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