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, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy A  sluggish  start  to  the  week  in  the  Atlantic  with  little  fresh  busin ...


Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive  reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...


Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...


Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that,  Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...


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 ...


   1184 1185 1186 1187 1188   
Showing 5926 to 5930 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 ...

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