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, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR


COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Supramax vessels opening far east were reported fixed at around usd 9000 pday levels for trip via Indonesia to India”, said Capt. Reddy, director of Vistaar Shipping, Singapore. He further said, Panamax vessels opening far east reported fixed around usd 8000 for trip via Australia and to India.

Short period rates for Supramax was at around usd 14000 pday for vessels opening far east and for Panamax vessels was around usd 16000 pday. The BDI has touched record lows and is at 1,519 points down by almost 15 pct and Cape size index touched 1,865 points down by about 20 pct since 24th Dec 2010. The Panamax saw a slight recovery and was up by about 5 pct and closed at 1936 points. The Supramax and Handy size was down by 10 pct and 7 pct respectively since 24th Dec 2010.

With the situation in Australia likely to continue for 2 to 3 weeks and with the Chinese New year coming first week of February , it is expected that the market is likely to be soft until mid February 2011.

The average charter rates was at Cape/usd 12,897 pday , Panamax/usd 15,416 pday , Supramax/usd 14,023 pday and Handy size/usd 11,196 pday.

The Supramax index in the feast (S6 route) was down by usd 3,252 pday (down by 26 pct) and closed at usd 9,218 pday (last week it was at usd 12,470 pday). The EC India/ China (S7 route) was also severely affected and was down by usd 26,88 pday (down by19 pct) and closed at usd 11,621 pday (last week was at usd 14,309 pday). 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/usd 22,000 pday, Panamax/usd 16,500 pday, Supramax/usd 16,000 pday , Handy size/usd 11,500 pday.

The congestion in EC Australia reduced slightly to 136 vessels this week (last week was 142  vessels). The vessels waiting at main coal loading ports were at Hay point/17, DBCT/44, Gladstone/18, Abbot Point/Nil, New Castle/54, Port Kembla/2 vessels. On the WC Australia iron ore vessels waiting was almost at same levels at 24 vessels (last week 24 vessels).

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

The brent crude prices continued to be firm and was almost at same levels and closed at usd 93.61 per barrel (last week usd 93.46 per barrel). However bunker prices was firm and was at usd 520.50 pmt (last week usd 507.50 pmt) for IFO 380 cst ex Singapore on 7th Jan 2011.

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

Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...


Wednesday, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...


Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...


Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...


Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points. In  May 2010 the BDI touched 4,209 ...


   1079 1080 1081 1082 1083   
Showing 5401 to 5405 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 ...

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