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, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP


COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Capt Reddy, Director of Vistaar Shipping Singapore. Vistaar Shipping is a vessel operator based in Singapore.

He further said, the reason seems to fresh cargoes after the Chinese new year holidays and lifting of ban on iron ore experts from WC Indian ports in the state of Karnataka.

The BDI and Cape index was up by 13 pct and closed at 1,178 points and 1,475 points. The Panamax index was up by 20 pct and closed at 1,620 points.

The Supramax and handy size index was up slightly by about 4 pct and 1 pct respectively. There has been hectic activity in the second hand ship sales and about 31 vessels were reported sold last week. The market is expected to be firm for next 2/3 weeks and will be interesting to see how the markets will behave in the coming weeks.

The average charter rates was at Cape/US$ 7,149 per day , Panamax/US$ 12,971 per day , Supramax/US$ 11,837 per day and Handy size/US$ 9,571 per day.

The Supramax index in the feast (S6 route) was up sharply but US$ 10.74 pct and closed at US$ 8095 per day (last week US$ 7310 per day). The EC India/ China (S7 route) was also up sharply by 13 pct and closed at US$ 12855 per day (last week US$ 11370 per day). The WC India to China is expected to be firm as the restrictions of iron ore export from Karnataka has been lifted by the Supreme court. The S6 and S7 route is expected to be firm next week also and likely to go up by about 10 pct.

The futures for three years (2011-2013) was at around Cape/US$ 22,000 per day, Panamax/US$ 17,000 per day, Supramax/US$ 15,000 per day , Handy size/US$ 11,000 per day.

The congestion in EC Australia slightly reduced to 90 vessels this week (last week 107 vessels). The vessels waiting at main coal loading ports were at Hay point/15, DBCT/23, Gladstone/12, Abbot Point/Nil New Castle/37, Port Kembla/3 vessels. On the WC Australia iron ore vessels waiting also reduced slightly to 43 vessels (last week 45 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 crude prices continued to be firm  due to Egyptian crisis and Brent crude prices was at US$ 101.41 per barrel (last week US$ 100.12 per barrel). Bunker prices also firmed up sharply and was at US$ 602.50 pmt (last week US$ 582.00 pmt) for IFO 380 cst ex Singapore on 11th Feb 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, 24 February 11
DRY BULK MARKET KEEPS LOSING GROUND, CAPESIZES SUFFERING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground yesterday, as the industry’s benchmark, the Baltic Dry Index was rapidly falling, ending the session d ...


Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...


Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...


Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...


Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...


   1072 1073 1074 1075 1076   
Showing 5366 to 5370 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 ...

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