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 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY

 
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.

The holiday season seems to have severely affected the freight market with all indices down. Many spot vessels were caught and had to charter out at very low levels. Panamax and Supramax vessels opening far east have been fixed at around $ 8,000-9,000 per day for single trips, however the short period rate have been around $ 15,000 per day.

Seems these are the lowest fixtures reported since mid 2009. 

The Handy size index was the least affected, down by just about 1.19 pct and the biggest drop was cape index which was down by 13.85 pct. The Panamax and Supramax index was down by 9.43 pct and 7.44 pct respectively.

The average charter rates was at Cape/$ 20,009 per day , Panamax/$ 14,711 per day , Supramax/$ 15,611 per day and Handy size/$ 12,157 per day.

The Supramax index in the feast (S6 route) was down by $ 1,985 per day (down by 13.73 pct) and closed at $ 12,470 per day (last week $ 14,455 per day). The EC India/ China (S7 route) was also severely affected and was down by $ 1,537 per day (down by 9.69 pct) and closed at $ 14,309 per day (last week $ 15,846 per day). The S6 and S7 route is likely to be soft and is expected to be under pressure next week also.

The futures for three years (2011-2013) was at around Cape/$ 23,000 per day, Panamax/$ 16,500 per day, Supramax/$ 16,000 per day , Handy size/$ 12,000 per day.

The congestion in EC Australia increased to 142 vessels this week (last week 125 vessels). The vessels waiting at main coal loading ports were at Hay point/8, DBCT/44, Gladstone/20, Abbot Point/6, New Castle/57, Port Kembla/6 vessels. On the WC Australia iron ore vessels waiting was almost at same levels at 24 vessels (last week 23 vessels).

The waiting at Indian ports for coal vessels was quite normal except for Paradip, Haldia, Kandla where the berthing delays was high.

The Brent crude prices continued to firm up reaching highest levels in last 2 years and closed at $ 93.46 per barrel (last week $ 91.67 per barrel). However bunker prices was almost at same levels and was at $ 507.50 pmt (last week $ 507.00 pmt) for IFO 380 CST ex.Singapore on 24th Dec 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

Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...


Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...


Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...


Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...


Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...


   1088 1089 1090 1091 1092   
Showing 5446 to 5450 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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