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

Wednesday, 01 September 10
JAKARTA TO HOST MAJOR INTERNATIONAL MINING EVENT
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...


Tuesday, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...


Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
  Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...


Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...


Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...


   1126 1127 1128 1129 1130   
Showing 5636 to 5640 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 ...

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