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

Wednesday, 02 June 10
PLN TO DEVOUR 133 PERCENT MORE COAL IN NEXT FIVE YEARS
The Jakarta globe reported that, State electricity company PT Perusahaan Listrik Negara will more than double the amount of coal it uses over the ne ...


Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is ...


Monday, 31 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE SHORTENS
Business week reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in powe ...


Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct. The other sectors were under pressure ...


Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, co ...


   1159 1160 1161 1162 1163   
Showing 5801 to 5805 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 ...

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