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, 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 ...


Saturday, 29 January 11
ANTAM ACQUIRES SAROLANGUN COAL MINING
According to Insider Stories, Nickel and gold miner PT Aneka Tambang Tbk (Antam) of Indonesia via its subsidiary PT Indonesia Coal Resources (ICR) h ...


   1079 1080 1081 1082 1083   
Showing 5401 to 5405 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 ...

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