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

Thursday, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...


Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...


Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...


Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...


Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...


   1085 1086 1087 1088 1089   
Showing 5431 to 5435 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 ...

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