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, 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 points where as the cape and panamax index was down by 129 points and 111 points respectively. The Supramax and handy size was marginally up by 33 point and 11 points respectively. The short period rates for Q4 has been quite strong and appears that the market will be fairly firm. However closing of the week there was news of a double dip recession in USA which is likely to create some uncertainty in the financial markets and if that happens could affect the shipping market also.

BALTIC DRY INDEX CHANGES

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
2712
2756
44
¯
-1.6
Baltic Cape Index
3449
3578
129
¯
-3.61
Baltic Panamax Index
2978
3089
111
¯
-3.59
Baltic Supra Index
2109
2079
33
1.59
Baltic Handy size Index
1079
1068
11
1.03
As of 27 August 2010


The average charter hire was at Cape/$ 33745 per day, Panamax/$ 23935 per day, Supramax/$ 22054 per day and Handy size/$ 15855 per day.

The Supramax index in the Fareast (S6 route) was up by $ 725 per day ( up by 3.46 pct) per day and closed at $ 21643 per day. The  ECI/China (S7) route also up by  $ 827 per day (up by 4.15 pct) and closed at $ 20731 per day . The S6 and S7 routes likely to be steady/firm.

The futures for three years (2010-2012) was firm for cape and panamax vessels and was at around Cape/$ 28000 per day, Panamax/$ 22000 per day, Supramax/$ 18500 per day, Handy size/$ 14000 per day.

The congestion in EC Australian ports was at 127 vessels this week (last week 129 vessels ). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/49, Gladstone/14, Abbot Point/2, New Castle/55 vessels, Port Kembla/3 vessels. On the WC Australia iron ore vessels waiting increased to 20 vessels (last week 26 vessels).   

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

The Brent crude prices was volatile but closed higher than last week at $ 76.93 per barrel (last week $ 74.45 per barrel). The bunkers prices was almost at same levels and the prices ex Singapore and was at $ 437 pmt (ifo 380 cst ex Singapore) on 27th August 2010.

Click here for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
Reported by Vistaar Shipping, Singapore



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

Recent News

Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...


Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...


Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...


Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today. According to our market sources, Coas ...


Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...


   1117 1118 1119 1120 1121   
Showing 5591 to 5595 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 ...

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