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, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK


Handy
The  Atlantic  markets  are  weak  and  remained  unusually  calm  after  the Thanksgiving  holidays.  A  57k  dwt  was  lucky  to  get  usd  25k  per  day  bss dely  Continent  to  Far  East.  Grain  movements  are  low  and  USG  markets  are expected  to  drop  further,  but  handymax  tonnage  open  USG  are  achieving usd  28k  per  day  to  Far  East  for  petcoke.  The  Black  Sea  is  simply  ´dead´. Outlook:  softening.  The  market  in  the  East  has  been  rather  slow  over  the past  week.  Having  seen  a  couple  of  fixtures  around  the  14k  and  15k  level for  modern  Supramaxes  opening  mid  China  via  Indo  to  India  owners  are aiming  for  these  levels,  however  charterers  are  happy  to  sit  tight  as confidence  that  the  market  is  going  to  firm  remains  weak.  Off  west  coast  of India  tonnage  is  seemingly  quite  sparse  and  we  have  seen  vessels  fixing around  the  15k  level  for  trips  to  China  -  remains  to  be  seen  whether  there  will be  steady  cargo  requirements.  Short  period  remains  week  with  charterers unable  to  meet  owners´  ideas.

Share your coal and shipping news with COALspot.com


Panamax
Fueled  by  some  fresh  orders  and  lack  of  prompt  tonnage,  the  Atlantic  market maintained  a  positive  trend  this  week.  TA  rounds  going  in  the  low  20´s  and Continent  positions  even  able  to  reach  mid  20´s.  Fronthaul  fixed  at  healthy 29k  via  Cape  of  G  Hope.  In  the  eastern  hemisphere  there  is  oversupply  of tonnage  and  despite  a  fair  amount  of  fresh  coal  requirements  the  market  is sliding  in  the  mid  teen  area.  Short  period  market  not  very  active,  typically 4-6  months  fixed  at  18500.  The  sentiment  has  lost  some  optimism  by  the recent  downturn  in  the  Cape  market  and  a  slow  decline  on  FFA´s  -  despite some  signs  of  a  recovery  mid  week.  A  relevant  question  is  whether  we  are already  facing  a  slow  down  for  the  coming  X-Mas  season.

Capesize
Hard  times  for  owners  as  levels  -  physically  as  well  as  derivatives  -  have dropped  drastically  across  the  board.  Spot  demand  is  simply  not  enough  to absorb  the  massive  number  of  new  entries  that  come  in  addition  to  the existing  fleet.  Average  spot  earnings  down  close  to  25%  w-o-w,  coming  in at  around  usd  26k.  Pacific  is  hard  hit  in  particular,  with  rates  for  rounds falling  by  almost  35%  to  usd  18k.  Atlantic  is  holding  up  better,  as  the ballasters  from  Far  East  take  most  of  the  general  beating  -  the  North Atlantic  tonnage/cargo  balance  is  healthy  in  comparison.  A  few  brave operators  dare  to  book  period  tonnage  despite  the  overall  trend,  with  usd 28500  done  just  before  diving  into  the  abyss  on  180kdwt/2009  for  12  months delivery  China  5/15  Dec,  also  172kdwt/2001  done  for  3-5  months  at  usd  25k delivery  retro  China  14  Nov.  Uncertainty  as  to  whether  market  about  to  find a  floor  or  if  this  is  turning  into  a  complete  collapse.
Source: FEARNBULK



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

Recent News

Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...


Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...


Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...


Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up. The BDI was almost at sam ...


Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono  said during McCloskey Asia P ...


   1099 1100 1101 1102 1103   
Showing 5501 to 5505 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 ...

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