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

Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...


Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...


Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...


Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia  reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...


Thursday, 20 January 11
DRY BULK MARKETS FALL SEES NO END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Pundits indicating that the dry bulk market’s sentiment remains weak were justified, as the industry’s benchmark, the Baltic Dry Index ( ...


   1082 1083 1084 1085 1086   
Showing 5416 to 5420 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 ...

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