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, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY


COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft.

The BDI was down by 8.67 pct and closed at 2,444 points.

The cape index saw the maximum drop and was down by 10.34 pct and closed at 3,121 points. The Panamax and Supramax index was also under pressure and was down by almost 7 pct and closed 2,719 and 1,879 points respectively. The handy size was only marginally down by 1.47 pct and closed at 1,069 points.

BALTIC DRY INDEX CHANGES

 
BALTIC DRY INDEX CHANGE
 
 
This week
Last week
Change
Change %
 
 Baltic Dry Index
2444
2676
232
¯
8.67
 
 Baltic Cape Index
3121
3481
360
¯
10.34
 
 Baltic Panamax Index
2719
2928
209
¯
7.14
 
 Baltic Supra Index
1879
2012
133
¯
6.61
 
 Baltic Handy size Index
1069
1085
16
¯
1.47
 
As of 24 September 2010


The iron ore demand was flat and the iron ore movement into China will have a major affect on the freight market. Also the new deliveries, especially cape size vessels will have a affect on the market with almost 3 cape size vessels new deliveries every week.

The average charter hire was at Cape/US$ 29,002 per day, Panamax/US$ 21,840 per day, Supramax/US$ 19,644 per day and Handy size/US$ 15,666 per day.

The Supramax index in the Fareast (S6 route) was down by  US$ 1,368 per day (down by 7.0 pct ) and closed at US$ 11,8027 per day. The  ECI/China (S7) route was down by US$ 994 per day (down by  5.48 pct) and closed at US$ 17,129 per day . The S6 and S7 routes seems will be under pressure next week also.

The futures for three years  (2010-2012) was almost at same levels and was around Cape/US$ 27,000 per day, Panamax/US$ 21,000 per day, Supramax/US$ 18,500 per day, Handy size/US$ 14,000 per day.

The congestion in EC Australian ports decreased to 93 vessels this week (last week 102 vessels ). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/38, Gladstone/9, Abbot Point/1, New Castle/45, Port Kembla/5 vessels. On the WC Australia iron ore vessels waiting was slightly down to 26 vessels (last week 30 vessels).   

The waiting at Indian ports for coal vessels was quite normal around 3/4 days, except that the congestion at Haldia continued to be high with almost 20 days berthing delays for iron ore vessels.

The Brent crude prices was almost at same levels and was at US$ 78.87 per barrel (last week US$ 78.08 per barrel ). The bunkers prices was almost around same levels ex Singapore and was at US$ 440.00 pmt (ifo 380 cst ex Singapore) on 24th Sept 2010.

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

Share your coal & shipping news with COALspot.com



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

Recent News

Thursday, 09 September 10
DRY BULK MARKET IS LOOKING TO INCREASE GAINS ON OCTOBER IRON ORE CONTRACTS
The “success” story that the dry bulk market has been displaying during the past couple of weeks is being materialized as we head toward ...


Tuesday, 07 September 10
INDIA IMPORTS 1.63 MLN T OF COAL FOR THE PERIOD 30 AUGUST - 5 SEPTEMBER - SOURCES
COALspot.com: India has imported 1.07 million tons of power plant coal, 0.520 mln tons of coking coal and around 41,000 mt of Anthracite coal for th ...


Tuesday, 07 September 10
GOVERNMENT DECLARED INDONESIAN COAL PRICE REFERENCE DECLINE FOR THIRD-STRAIGHT MONTH
COALspot.com: Indonesian  thermal coal price reference, a monthly benchmark price declared by Ministry of Energy and mineral resources of Repub ...


Tuesday, 07 September 10
MERCATOR TO BUY COAL MINE IN INDONESIA THIS FISCAL
Mercator Lines, India’s second-largest shipping company which has diversified into coal mining, will buy a coal mine in Indonesia with more th ...


Monday, 06 September 10
DRY BULK MARKET GAINS 6.05% ON WEEK, BOOSTED BY CAPESIZE VESSELS
The dry bulk market is looking to capitalize last week’s gains of more than 6 percent in this week, as the capesize segment seems to be on a h ...


   1123 1124 1125 1126 1127   
Showing 5621 to 5625 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 ...

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