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
Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR


COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In  May 2010 the BDI touched 4209 points which was highest in 2010 and since then the BDI has dropped almost 70 pct”, said, Capt. Reddy, Director of Vistaar Singapore, an experienced ship operator.

The Cape index also continued to remain soft with a drop of about 2.50 pct and closed at 1,556 points.

The average charter rate for Cape size vessels was at $ 8,859 per day almost close to 2008 lows.

Panamax  index was the most affected this week with the index down by 270 points and closed at 1,650 points. Supramax and Handy size index saw a slight upward movement and closed at 1,427 points and 777 points respectively.

The spot charter rates for Supramax in the far east remained under pressure and vessels were reported fixed at $ 7000-8000 per day for trip to via Indonesia to India.

According to Vistaar Singapore, With the flood situation in Australia likely to continue for some more time and with the Chinese New year coming the market are likely to be under pressure at least until mid February 2011.

The average charter rates was at Cape/$ 8,859 per day , Panamax/$ 13,157 per day , Supramax/$ 14,926 per day and Handy size/$ 11,500 per day.

The Supramax index in the feast (S6 route) was down by $ 350 per day (down by 4.10 pct) and closed at $ 8,186 per day (last week $ 8,536 per day). The EC India/ China (S7 route) was up by 233 points (up by 2.00 pct) and closed at $ 11,621 per day (last week $ 11,388 per day). The S6 route is likely to be soft next week.

The futures for three years (2011-2013) was at around Cape/$ 21,000 per day, Panamax/$ 16,000 per day, Supramax/$ 15,500 per day , Handy size/$ 11,000 per day.

The congestion in EC Australia reduced slightly to 110 vessels this week (last week 120  vessels). The vessels waiting at main coal loading ports were at Hay point/16, DBCT/36, Gladstone/13, Abbot Point/Nil, New Castle/40, Port Kembla/5 vessels. On the WC Australia iron ore vessels waiting increased to 41 vessels (last week 33 vessels).

The waiting at Indian ports for coal vessels was quite normal except for Paradip, Haldia, Kandla where the berthing delays was high with berthing delays of about 10/12 days.

The Brent crude prices was almost at same levels and was slightly down and closed at $ 97.63 per barrel (last week $ 98.50 per barrel). Bunker prices also firmed and was at $ 546.00 pmt (last week $ 540.00 pmt) for IFO 380 cst ex Singapore on 21st 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 ...

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