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
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK


As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 points. Apart from the slump seen in July, this is the lowest level recorded for 2010. Early predictions that Chinese ore imports would continue to drive the market up in 2010 proved incorrect. Official figures show China imported 560.5m tones Jan-Nov, compared to565.8m in the same period in 2009.Among exporters, Australia was the biggest beneficiary, increasing its exports to China by 2.4% year-on-year, while the other major producers Brazil, India and South Africa saw their exports decline approximately 9%, 7% and 12%. However China continues to diversify its ore sources, and many smaller producers such as Iran, Indonesia, Peru and Chile increased their sales during 2010.

Supramax/Handy 
The market has been very quiet over the last ten days, and verging on non-existent. Christmas brought no relief to the ships open in the east, with rates still holding in the region of US$ 10-11,000 per day for local employment. The pace of new building deliveries of Supramax and Handies is fast and charterers can afford to be choosy. India failed to maintain the momentum seen before Christmas and the west coast India/ China run was being fixed at US$ 15,000, as opposed to the US$ 18,000 and over which was seen at that time. Over the holidays one could see ballasters leaving east coast India in a southbound direction. By comparison the Atlantic is faring a little bit better with hardly any prompt positions of Supramax in the south Atlantic or USG. Handies seem more affected with plenty of spot/prompt positions all over the place.  Transatlantic round voyages are getting fixed at around US$ 15-16,000 for Supras and US$10-12,000 for modern Handies. The demand for long period has disappeared, which may be a sign of operators’ hesitation to commit in an uncertain future.

Panamax  
This week was very quiet as expected during the festive season. The TA round market hovered in the mid US$ 20,000s per day and seemed stable, mainly due to the thin number of candidates open in this area and some ECSA cargoes activity. However, ballasters from the Far East and India were apparent and should balance out the market. Out of India, the market was relatively quiet. Goa’s exports were impacted by the truckers’ strike and the iron ore ban continues. The WCI-China route was traded in the mid US$ 10,000s. The ECI market was relatively quiet except for Haldia. In the Far East, the market did not improve and levels reached US$ 8-8,500 per day for a Nopac round. The short period activity was sluggish and the last reported fixtures were hanging around the mid US$ 10,000s for Tess 74 delivery North China or India redelivery worldwide. One-year period candidates were traded around US$ 16-17,000 per day.

Capsize 
A very quiet week for the Cape market, with little happening in the last ten days of the year. Overall the sentiment appeared flat to weakening, and in the futures market short-term prices fell. January Cape 4TC is now trading at just over US$ 20,000 per day, compared to overUS$ 23,000 in the week before Christmas. However for 2H 2011 rates remain little changed. Ship deliveries slowed in the final fortnight of the year, but we can expect a ‘bunching’ of deliveries in early 2011 as ships completed in December are held over for the new year.
Source: BRS Dry Bulk



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

Recent News

Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...


Tuesday, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...


Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...


Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...


Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...


   1081 1082 1083 1084 1085   
Showing 5411 to 5415 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 ...

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