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
Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL


It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdown have seen charter rates for large dry bulk ships go into freefall as iron ore cargoes evaporated Shipbrokers said a dearth of coal cargoes and an oversupply of large ships had also contributed to the slump in rental prices.

Charter rates for large dry bulk capesize vessels of around 180,000 deadweight tonnes are down to their lowest level for 14 months. The crash has been so swift that shipowners and operators have lost around USD 270,000 in revenue in the past week on a voyage from Australia to China and more than USD 800,000 on a Brazil to China voyage.

Shipowners would generate revenue of about USD 1.17 million from an Australia-China voyage based on the prevailing rate recently compared with USD 1.44 million last Thursday.

Shipbrokers said rates for a large capesize vessel were on a par with those for a handysize ship that had a cargo carrying capacity that was almost six times smaller. Observers thought the slump would continue until at least the end of August.

Shipbrokers said mainland iron ore traders had been largely absent from the chartering market for large vessels for the past two months. This became apparent after preliminary customs figures showed the mainland imported 47.17 million tonnes of iron ore in June, down 9.1% from the 51.9 million tonnes in May and down 15%YoY. The May import figure was also down by 6pct MoM.

Customs said the mainland brought in 309.3 million tonnes of iron ore in the first six months of 2010 up by 4.1%YoY.
Source: CargoNewsAsia / Hellenic Shipping



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

Recent News

Wednesday, 21 July 10
FEWER SHIPS SOLD FOR SCRAP IN JUNE, ADDING PRESSURE TO FREIGHT RATES
The easing of vessel tonnage supply should be among the main concerns among ship owners, especially those active in dry bulk shipping. The reason is ...


Wednesday, 21 July 10
BUKIT ASAM SEALS RP900 BIO COAL DEAL
  Souce: Insider Stories Insider Stories reported that, State-Owned coal producer PT Tambang Batubara Bukit Asam Tbk (PTBA) have agreed t ...


Wednesday, 21 July 10
TUAH TURANGGA BUYS ABP US$ 15.9 MIO
  Source: Insider Stories   Insider Stories reported that, Komatsu heavy equipment PT United Tractors Tbk (UNTR) through its wh ...


Tuesday, 20 July 10
CHINA'S RELIANCE ON COAL TO DROP 7% BY 2015 - XINHUA NET
Xinhua Net reported that, China's coal consumption is likely to drop to 63 percent of total energy consumption by 2015, down from 70 percent last y ...


Tuesday, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 milli ...


   1141 1142 1143 1144 1145   
Showing 5711 to 5715 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 ...

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