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, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR


COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 points (down by 270 points).

Panamax  index recovered a bit and was down only by 13 points and closed at 1,923 points. Supramax also seemed to recover slightly with the index up by 52 points and closed at 1,393 points. The handy size index was almost at same levels and was down by 5 points and closed at 765 points.

The cape size vessels opening far east were reported fixed around $ 10,000 per day for trip via Australia to China and Panamax vessels fixed around $ 9,000 for Australia to China. The Supramax vessels were reported fixed around $ 8,000 for trip via Indonesia to India.

Short period rates for Supramax was at around $ 13,000 per day for vessels opening far east.

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/$ 9,692 per day , Panamax/$ 15,341 per day , Supramax/$ 14,570 per day and Handy size/$ 11,129 per day.

The Supramax index in the far east (S6 route) was down by $ 682 per day (down by 7.40 pct) and closed at $ 8,536 per day (last week $ 9,218 per day). The EC India/ China (S7 route) was also severely affected and was down by $ 233 per day (down by 2.00 pct) and closed at $ 11,388 per day (last week $ 11621 per day). The S6 and S7 route is likely to be soft next week also.

The futures for three years (2011-2013) was at around Cape/$ 22,000 per day, Panamax/$ 16,500 per day, Supramax/$ 16,000 per day , Handy size/$ 11,000 per day.

The congestion in EC Australia reduced slightly to 120 vessels this week (last week 136  vessels). The vessels waiting at main coal loading ports were at Hay point/18, DBCT/39, Gladstone/11, Abbot Point/4, New Castle/43, Port Kembla /3 vessels. On the WC Australia iron ore vessels waiting was almost at same levels at 33 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 high.

The Brent crude prices continued to be firm almost touching $ 100 per barrel and closed at $ 98.50 per barrel (last week was at $ 93.61 per barrel). Bunker prices also firmed and was at $ 540.00 pmt (last week $ 520.50 pmt) for IFO 380 CST ex Singapore on 14th 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

Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...


Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...


Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...


Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...


Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...


   1091 1092 1093 1094 1095   
Showing 5461 to 5465 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 ...

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