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
Sunday, 13 June 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS AT AROUND CAPE/US$ 29000 PER DAY & PANAMAX/US$ 20500 PER DAY - VISTAAR


Vistaar LogoCOALspot.com: The market continue to soften in all sectors and the most affected was cape size which was down by 16.32 pct. The BDI was down by 14.46 pct and closed at 3288 points.

“I will be interesting to see if the BDI would drop below 3000 points barrier”, said Capt. Reddy, an experienced ship operator in Singapore. 

The Panamax and Supra max was also quite soft and was down by 13.33 pct and 12.08 pct respectively. The handy size index was down by 6.52 pct and closed at 1333 points. The downward trend seems to continue and seems next week also will be soft.

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
3288
3844
556¯
-14.46
Baltic Cape Index
4276
5110
834¯
-16.32
Baltic Panamax Index
3361
3878
517¯
-13.33
Baltic Supra Index
2410
2741
331 ¯
-12.08
Baltic Handy size Index
1333
1426
93 ¯
-6.52
As of 11 June 2010


Spot vessels opening feast have been under pressure. However short period rates for supra max were fixed at US$ 22000 per day.

The average charter hire was at Cape/US$ 44244 per day, Panamax/US$ 27023 per day, Supramax/US$ 25201 per day and Handy size/US$ 19421 per day.

The supramax index in the Fareast (S6 route) was down by US$ 3696 per day and closed at US$ 20418 per day. The  ECI/China (S7) route continued to softened and was down by US$ 2911 per day and closed at US$ 21131 per day . The downward trend for S6 and S7 route is likely to continue next week also.

The futures for three years(2010-2012) was at around Cape/US$ 29000 per day, Panamax/US$ 20500 per day, Supra max/US$ 17500 per day, Handy size/US$ 14000 per day.

The congestion in EC Australian ports was at 113 vessels this week (last week 118 vessels ). The vessels waiting at main coal loading ports were at Hay point/11, DBCT/53, Gladstone/6, Abbot Point/Nil, New Castle/42 vessels, Port Kembla/1 vessel. On the WC Australia iron ore vessels waiting was down to 27 vessels (last week 27 vessels). 

The waiting at Indian ports for coal vessels was quite normal around 3/4 days, however Paradip and Haldia was getting congested.

The Brent crude prices was up at US$ 74.72 per barrel (last week US$ 71.71 per barrel). The bunker prices was at US$ 439.50 pmt (ifo 380 cst ex Singapore) on 11th June 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

Tuesday, 04 May 10
DRY BULK MARKET SOFTENING AGAIN ON LACK OF DIRECTION
The dry bulk market has put on the brakes once again, after the last session of the Baltic Dry Index ended at 3,354 points, down 5 from the previous ...


Monday, 03 May 10
AUSTRALIA PLANS 40 PERCENT TAX ON MINING PROFITS - THE JAKARTA POST
The Jakarta Post reported that, Australia would heavily tax the booming profits of its mining companies under a tax system overhaul proposed Sunday ...


Saturday, 01 May 10
THE PERIOD ACTIVITY WAS QUITE FIRM DURING THE WEEK - CAPT. REDDY
COALspot.com: The BDI was up by 11.32 pct which was mainly due to the firmness in capsize index which was up by 21.55 pct . The other sectors Pan ...


Saturday, 01 May 10
EXPANDED SA COAL TERMINAL TO START OPERATIONS ON MAY 1 - MINING WEEKLY
Mining Weekly  reported that, In line with expectations, the Richards Bay Coal Terminal (RBCT) had completed the R1,2-billion Phase V expansion ...


Thursday, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy Atlantic  markets  remain  firm.  Supramaxes  open  in  USG  are  now  achieving low/mid&n ...


   1169 1170 1171 1172 1173   
Showing 5851 to 5855 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 ...

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