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, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR


COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD of Vistaar Shipping Singapore. Vistaar Shipping an experienced ship operator operating from Singapore and India .

The Cape index softened by 18.62 pct and the BDI was down by 3.62 pct. The Panamax index was up by 4.00 pct , Supramax index up by 7.25 pct and Handy size index up by 9.71 pct. The Fareast /SE Asia market was quite firm and vessels for being fixed at around US$ 29/30000 per day. The Supramax out of India also were being fixed in excess of US$  40000 per day.

BDI (Baltic dry index changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
3379
3506
127¯
3.62
Baltic Cape Index
3522
4328
806 ¯
18.62
Baltic Panamax Index
4344
4177
167
3.99
Baltic Supra Index
2929
2731
198
7.25
Baltic Handy size Index
1468
1338
130
9.71
As of 19 March 2010



According to Vistaar, the average charter hire was at Cape US$  32157 per day, Panamax US$  34906 per day, Supramax US$  30629 per day and Handy size US$  21420 per day.

The Supramax index in the Fareast (S6 route) was firm and was by US$ 1860 per day (up by 8.40 pct) and closed at US$ 23980 per day. The ECI/China (S7) route continued to remain firm and was up by US$ 1040 per day (up by 2.91 pct) and closed at US$ 36717 per day. Ships from WC India to china continued to be fixed at healthy levels at around US$ 38/40000 per day and some vessels have ballasted from EC India to WC India.

The futures for three years (2010-2012) was at around Cape US$ 29000 per day, Panamax US$ 22000 per day, Supramax US$  18750 per day, Handy size US$ 14500 per day. With the cape index down by 18 pct and futures also showing slight softness on all other the market may be steady next week. However do not expect the market to soften or major changes on the Supramax and Handy size for next couple of weeks.

The congestion at Australian ports in the EC for coal loading was high at 158 vessels (last week 151 vessels). The weather seems getting worse, with Hay point closed since 11th March and DBCT since 17th March and several shippers declaring Force Majaure for ships loading from Gladstone. Except for Abbot Point and Port Kembla , all other ports are experiencing uncertain delays. On the WC Australia iron ore vessels waiting increased to 27 vessels (last week 20 vessels).

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.

The crude prices was up beginning of the week however closed almost at same levels by end of the week on Friday at US$ 79.79 per barrel (last week US$ 79.26 per barrel). The  prices of bunkers was slightly soft at US$ 456 pmts (ifo 380 cst ex Singapore) on 19th March 2010.

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

Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...


Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines. "Arutmin is being impacted by ...


Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...


Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under  Ministry of Commerce, has invited Expression of Interest from coal suppliers ...


Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...


   1145 1146 1147 1148 1149   
Showing 5731 to 5735 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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