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, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...


Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks. Bank of Tokyo Mitsubishi ...


Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...


Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...


Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy. Shareholders will get a combine ...


   1173 1174 1175 1176 1177   
Showing 5871 to 5875 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 ...

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