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, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...


Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...


Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify. ANZ senior commodities analyst Mark Pervan has increased h ...


Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...


Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...


   1218 1219 1220 1221 1222   
Showing 6096 to 6100 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 ...

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