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, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR


COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which was up by 5.7 pct and closed at 3429 points. The BDI was up by 3.45 pct and closed at 2991 points.  The Panamax and Supramax dropped by 6.48 pct and 8.91 pct respectively. The Handy size index was also down by 6.14 pct.

BDI (Baltic dry index changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
2991
3098
107¯
3.45
Baltic Cape Index
3429
3244
185
5.70
Baltic Panamax Index
3708
3965
257 ¯
6.48
Baltic Supra Index
2409
2647
238¯
8.91
Baltic Handy size Index
1360
1449
89 ¯
6.14
As of 1 April 2010


Ships opening Fareast continue to be struggling for cargoes. The Supramax vessels open N. China were seen fixed at low/mid teens for trip via Indonesia to India.

The average charter hire was at Cape US$  30,641, Panamax US$ 29,836, Supramax US$ 25,188 and Handy size US$ 19,781 per day respectively .

The Supramax index in the Fareast (S6 route) softened by US$  2,850 per day (down by 11.87pct) and closed at US$  21,160 per day. The ECI / China (S7) route also softened by US$  3,217 per day (down by 8.64 pct) and closed at US$  33,996 per day.


Ships from WC India to china continued to be fixed at healthy levels at around US$ 35/40,000 per day .

The futures for three years (2010-2012) was at around Cape US$  29,000 per day, Panamax US$  21,000 per day, Supramax US$  18,000 per day, Handy size US$  14,000 per day.

The congestion in EC Australian ports continued to be high at 174 vessels (last week 178 vessels)  with Hay point and DBCT operational the congestion is expected to reduce. The vessels waiting at main coal loading ports were at Hay point 34 , DBCT 62 , Gladstone 19 ,New Castle 48 vessels. On the WC Australia iron ore vessels waiting was at 19 vessels (last week 24 vessels). 

With the major iron ore shippers maintaining spot prices for the iron ore, it ill be interesting to see how the steel prices will hold and how it will affect the shipping market.

The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia where congestion continues due to slow clearance of cargoes from the port due to railway wagon shortage.

The crude prices was firm this week and closed on Thursday at 84.42 per barrel (last week at US$  79.30 per barrel) . The  prices of bunkers was up at US$ 464 pmts (IFO 380 CST ex. Singapore) on 1st April 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

Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...


Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...


Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...


Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard  reported that, India is expected to import nearly 60 million tonnes of thermal coal this year. After coking coal and iron ...


Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...


   1175 1176 1177 1178 1179   
Showing 5881 to 5885 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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