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
Thursday, 01 July 10
PANAMAX MARKETS CONTINUE TO DROP IN ALL BASINS - FEARNLEYS


Handy
Atlantic rates continue to slide with little activity. Supras open in USG get low 30´s to Med and mid 40´s to FEast. Hmax/Supra ex Bsea get low 20´s and 30´s for fronthaul. There are positive signs of much more fresh enquiries for the next weeks mostly ex  NCSA/USG/CONT. The immediate outlook is negative, but it is worth to note the BSI stabilized yesterday. We therefore choose to remain optimistic as more enquiries emerges and the World Cup is over. The FEast market was quiet over week with a lack of direction as the BDI continues down, - 40% over the past month. Charterers able to wait, do so in hope of lower rates - although there was a brief sign of a rally that disappeared with negative news coming out of China. IndoChina trips are in the high teen´s - a tick  more  for  trips  to  ECI,  the  Indian market  remains  quiet  with  a  lack  of  iron  ore  activity  to  FEast.  NoPac  rounds are  not  preferred,  even  at  a premium, as owners prefer shorter duration to see where the market goes.

Panamax
Markets continue to drop in all basins, but Atlantic is more affected than Pacific this week. This supported by more spot/prompt positions from owners, most  charterers believe trend will continue down. Some charterers are reluctant to fix and even holding cargoes off market in order to achive lower freights. On the positive side it´s worth to mention the high export of coal from N.America to China. Fronthaul fixed at levels around 33k  while T/A rounds at level 23-24k. Pacific r/v see levels at very low 20´ and backhaul at 14-15k. The few positives; obviously charterers hold cargoes to get market further down, so when do they have to fix? also operators might take ships for medium periods at these levels.

Capesize
There were more signs of a healthier market and more support towards end of last week.  However, in spite of a relatively good fixing activity the market remains relatively flat. The Australia/PRC round was done at close to USD 9 pmt, against USD 8.50 end of the period. For the Tubarao/Qingdao round Vale has been picking ships at USD 22 pmt, arnd five in total of which all giving Eta Tubarao first half July. Although Vale seem to be covered for now, their activity  certainly have been important in obtaining more steady supply and demand balance. There are more players looking for short period tonnage, however with  levels at high USD 20k´s most owners don´t find it very interesting. The main concern of the market is still the depressed steel demand in China, however it seems there has been reached a floor for now.
Source: FEARNBULK



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

Recent News

Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...


Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...


Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...


Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...


Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...


   1161 1162 1163 1164 1165   
Showing 5811 to 5815 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 ...

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