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, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...


Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...


Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...


Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy Activity continues to be solid in the Atlantic. Supramax  physical  market is strong which pushed the BSI to a 17 month high at ...


Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...


   1185 1186 1187 1188 1189   
Showing 5931 to 5935 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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