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

Monday, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...


Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...


Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points. The BDI was up by 7.72 pct last week wh ...


Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...


Thursday, 29 July 10
GOVT TOO OPTIMISTIC ON IRON, COAL PRICE
Federal government forecasts of continued strength in iron ore and coal prices, which underpin revenue expectations for the proposed new mining tax, ...


   1136 1137 1138 1139 1140   
Showing 5686 to 5690 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 ...

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