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

Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...


Saturday, 19 June 10
STRONG DEMAND, RISING PRODUCTION SETTING SCENE FOR COAL BONANZA - THE JAKARTA GLOBE
The Jakarta globe rerported that, As the nation’s coal miners enjoy burgeoning demand from energy-hungry economies such as China and India, th ...


Saturday, 19 June 10
DRY BULK MARKET DOWN ON CHINESE SLOWDOWN FEARS
Dry bulk freight rates have been on a freefall for more than two weeks now, something which has caused the industry’s benchmark, the Baltic Dr ...


Saturday, 19 June 10
COAL INDIA KEEN ON BLOCK DEVELOPMENT IN INDONESIA - THE HINDU BUSINESS LINE
Expanding horizon Agreement by the Indonesian Government is likely to help CIL gain foothold in India's largest sourcing point of thermal coal. ...


Friday, 18 June 10
THE PANAMAX MARKET CONTINUED ITS SOFTENING TREND - FEARNBULK
Handy Flat Atlantic markets with most markets in ´slow mode´ due to holidays in China. Supramax vessels open in the USG are achievi ...


   1153 1154 1155 1156 1157   
Showing 5771 to 5775 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 ...

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