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, 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 and the Panamax/Supramax and Handy size index was down by 7.19 pct , 3.65 pct and 2.57 pct respectively. The market seems to be stabilizing and the firmness which was seen in the Panamax and Supramax sector for last couple of weeks has weakened.

"Overall with the financial markets in turmoil the market has been very unsteady. It appeared that the cargo stems out of Indonesia and Australia were less", said Capt. Reddy, MD of Vistaar Shipping, Singapore.

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
4078
3844
234
6.09
Baltic Cape Index
5217
4317
900
20.85
Baltic Panamax Index
4247
4576
329 ¯
-7.19
Baltic Supra Index
2982
3095
113 ¯ 
-3.65
Baltic Handy size Index
1477
1516
39 ¯ 
-2.57
As of 28 May 2010


The average charter hire was at Cape/US$ 57,095 per day, Panamax/ US$ 34,083 per day, Supramax/ US$ 31,176 per day and Handy size/ US$ 21,408 per day.

The Supramax index in the Fareast (S6 route) was down by US$ 696 per day and closed at US$ 26,234 per day. The  ECI/China (S7) route softened by US$ 4,179 per day and closed at US$ 27,200 per day and is likely to soften further.

The futures for three years (2010-2012) was at around Cape/ US$ 32,000 per day, Panamax/ US$ 21,500 per day, Supramax/ US$ 19,000 per day, Handy size/ US$ 14,000 per day.

The congestion in EC Australian ports was at 128 vessels this week (last week 117 vessels ). The vessels waiting at main coal loading ports were at Hay point/14, DBCT/63, Gladstone/11, Abbot Point/Nil, New Castle/16 vessels, Port Kembla /1 vessel. On the WC Australia iron ore vessels waiting increased to 42 vessels (last week 26 vessels). 

The waiting at Indian ports for coal vessels was quite normal around 3/4 days except that congestion starting to increase at Visakhapatnam and Haldia in addition to Paradip.

The Brent crude prices was slighlty up at US$ 74.14 per barrel (last week US$ 71.72 per barrel).  The  prices of bunkers was quite soft during later part of the week  and closed at US$421 pmt (IFO 380 CST ex. Singapore) on 28th  May 2010.

CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...


Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...


Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...


Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...


Wednesday, 31 March 10
COAL INDIA MULLS JOINT VENTURE WITH RIO TINTO AND PEABODY - DNA
DNA reported that, Coal India Ltd. (CIL) has finalised two key contenders for its international joint venture (JV) in Australian and US each. The co ...


   1180 1181 1182 1183 1184   
Showing 5906 to 5910 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 ...

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