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, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR


COALspot.com:
The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 pct closing at 2194 points. The panamax and Supramax was slightly down by 1.94 pct and 1.65 pct respectively, whereas handy size index was down by 3.56 pct.

Towards the end of the week the market seemed to be firmer with all the futures ending firmer. Chinese iron ore and coal imports are expected to improve towards fourth quarter 2010. The indian coal imports are likely to continue to be strong and will play an important part in keeping the freight market firm.

BDI (Baltic Dry Index Changes)

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
2030
1967
63
3.2
Baltic Cape Index
2194
1922
272
14.15
Baltic Panamax Index
2581
2632
51
-1.94
Baltic Supra Index
1731
1760
29
-1.65
Baltic Handy size Index
974
1010
36
-3.56
As of 6 August 2010
 


The average charter hire was at Cape/$ 18422 per day, Panamax/$ 20733 per day, Supramax/$ 18096 per day and Handysize/$ 14307 per day.

The supramax index in the Fareast (S6 route) was down by $ 540 per day and closed at $ 17631 per day. The ECI/China (S7) route was also increased by $ 1192 per day and closed at $ 18119 per day. The S6 and S7 routes are likely to be steady/firm.

The futures for three years(2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 26000 per day, Panamax/$ 21000 per day, Supramax/$ 18500 per day, Handy size/$ 13500 per day. Short period and one year period rates for Supramax vessels were around $ 20-21000 per day with delivery feast.

The congestion in EC Australian ports was at 124 vessels this week (last week 126 vessels). The vessels waiting at main coal loading ports were at Hay point/6, DBCT/65, Gladstone/5, Abbot Point/3, New Castle/43 vessels, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting further reduced to 17 vessels (last week 27 vessels).   

The waiting at Indian ports for coal vessels was quite normal around 3/4 days.

The Brent crude prices was firm touching above $ 82 per barrel and closed at $ 80.39 per barrel (last week $ 78.24 per barrel). The bunkers prices also firmed up by about $ 20 pmt and prices ex Singapore and was at $ 465.50 pmt (IFO 380 cst ex Singapore) on 6th August 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

Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...


Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...


Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...


Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports.  "Pakistan's tota ...


Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...


   1127 1128 1129 1130 1131   
Showing 5641 to 5645 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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