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

Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...


Monday, 21 February 11
CHURCHILL MINING RECEIVES SIGNIFICANT INTEREST, PROPOSALS TO DEVELOP EAST KUTAI COAL PROJECT - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining  has received a number of specific proposals to fund and develop its massive East Kutai coa ...


Monday, 21 February 11
ABOLISH 5% DUTY ON COAL IMPORTS: SHINDE
Indian Express reported that, with acute coal shortage of domestic coal threatening to destabilise its power generation plans, the power ministry ha ...


Saturday, 19 February 11
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market was quite firm this week with freight rates in South east asia and India/Feast almost up by 30 pct. However towards end ...


Thursday, 17 February 11
COAL-GEN EUROPE 2011 REAFFIRMS THE IMPORTANCE OF COAL
Press Release: The third COAL-GEN Europe conference and exhibition, kicked off on Tuesday 15 February, with leading experts, professionals and compa ...


   1073 1074 1075 1076 1077   
Showing 5371 to 5375 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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