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
Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK


Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requirements on the market but Owners are resiting the temptation in the hope that markets will recover further in the next coming weeks on the back of positive indexes across all sizes on Monday/Tuesday.

Outlook  :  Uncertainty and volatility. There is continued upward movement in the Pacific region as prompt tonnage remains tight. Supras in S. China are fixed at low teens for trips via Indonesia to India with coal. Supras on WC will see at least USD 20k and EC rates have also improved to about 16k levels for iron ore trips to China. Red Sea; ferts on handymax/ supras are fixed at mid 20´s pmt on voyage bss to WC India.

Panamax
The Panamax market continued its positive trend from last week much driven by increased grain activity out of ECSA and USG. This lead to firming rates in both hemispheres. This week we see  more cargos giving support to the rates, contrary to last weeks´ FFA driven market for short/ long periods. The short period market continued to firm up this week and for LME´s with Sth China delivery owners are getting USD 18.5k-19k. Tarv ´s paying around USD 15k while fronthauls with Cont dely are getting in region of USD 25k daily. Pac rounds are being fixed at around 15k and a backhaul was done on Wednesday at USD 5k. Chrts interested in taking in1-year deals, needs to pay around USD 17k. We find it hard to clearly state that this market will continue firming as we see some pressure from FFA´s and the bigger Capes.

Capesize
Activity is up and fair - but apart from compensating rising bunker costs,spot rates and consequent daily earning are still at levels not sufficient to cover operating expenses. Oversupply of tonnage remains the one factor to which the present crisis is attributable, and sharply accelerated scrapping combined with general slow-steaming appears the only way to bring this segment anywhere near short- and long term equilibrium. Whilst performance failures spread and rumours of financial uncertainty looms over a number of profiled players, average spot earning have improved marginally to come in at USD 7k/day. Widespread "warm"  ayup is expected - for vintage units in particular. A few majors still take period tonnage at huge premiums to spot - but with partial support from paper trades - last exemplified by 178kdwt/built 2010 done for 4-6 months basis delivery S.Korea  prompt at USD 16k.
Source: FEARNBULK



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...


Tuesday, 08 March 11
US$ 8 BILLION WORTH OF INFRASTRUCTURE PROJECTS IN PIPELINE IN INDONESIA - WOOD MACKENZIE
India’s Increasing Demand for Thermal Coal  Cannot Be Satisfied Without Emerging Coal Areas in Indonesia - Wood Mackenzie  At Coa ...


Tuesday, 08 March 11
INDIA'S VEDANTA TO ACQUIRE COAL MINES IN OVERSEAS
COALspot.com - India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official sai ...


Tuesday, 08 March 11
MINERS SAY VALUE-ADDED LAW WILL HURT IN THE LONG RUN - THE JAKARTA GLOBE
The Jakarta Globe reported that, Government plans to require miners to give added value to their exported commodities could end up costing the count ...


Tuesday, 08 March 11
THE PANAMAX MARKET THIS WEEK FIRMED UP - BRS
Underlining the unpredictability of the current market, rates for all dry bulk segments swung up again last week. Stronger exports out of South Amer ...


   1069 1070 1071 1072 1073   
Showing 5351 to 5355 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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