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, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE


COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week. 

The Cape index up by 10.32 pct and Supramax index  was up by 10.47 pct. The Panamax and Handy size was up by 4.34 pct and 6.35 pct respectively. The Supramax opening Fareast seemed to be getting healthy rates and have been reported fixed on time charter around mid/high  20's.The freight rate of coal from Indonesia to India and China was up by almost about 8-10 pct.

BDI (Baltic dry index changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
3506
3242
264
8.14
Baltic Cape Index
4328
3923
405 ↑
10.32
Baltic Panamax Index
4177
4003
174 ↑
4.34
Baltic Supra Index
2731
2472
259 ↑
10.47
Baltic Handy size Index
1338
1258
80 ↑
6.35
As of 12 March 2010


The average charter hire was at Cape US$ 41,877 per day, Panamax US$ 33,587 per day, Supramax US$ 28,561 per day and Handy size US$ 19,558 per day.

The Supramax index in the Fareast (S6 route) was firm and was by US$ 1,860 per day (up by 8.40 pct) and closed at US$ 23,980 per day. The ECI/China (S7) route continued to remain firm and was up by US$ 1,040 per day (up by 2.91 pct) and closed at US$ 36,717 per day.

Ships from WC India to china continued to be fixed at healthy levels at around US$ 38/40,000 per day and some vessels have ballasted from EC India to WC India.

THREE YEARS FUTURE
The futures for three years (2010-2012) was at around Cape US$ 31,000 per day, Panamax US$ 22,500 per day, Supramax US$ 18,500 per day, Handy size US$ 14,500 per day.

There is no indication of slowing down of iron ore  and coal imports by China and market expected to remain firm next few weeks.

PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be on the same at 151 vessels (last week 151 vessels). The weather seems to be improving , however the affect of bad weather previously continues. The number of vessels waiting at DBCT and Newcastle was around 60 vessels. The  waiting at DBCT was around 30 days , Hay point - abt 10 days and Gladstone about 12-16 days and Newcastle about 16 days. On the WC Australia  iron ore vessels waiting was at at 20 vessels (last week 20 vessels). The bad weather continues in Queensland and all four berths were closed for loading at Hay point.

The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia which are congested. Waiting at Paradip is about 7/8 days. The Indonesian anchorages port also continued to experience delays.

CRUDE OIL
The crude prices was almost at same levels as last week and the Brent crude prices closed at US$ 79.26 per barrel (last week US$  80.11 per barrel). The  prices of bunkers was at US$ 461 pmts (IFO 380 CST ex.Singapore) on 12th March 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

Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...


Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...


Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...


Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...


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 ...


   1190 1191 1192 1193 1194   
Showing 5956 to 5960 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 ...

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