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

Thursday, 23 December 10
SOUTHGOBI RESOURCES CLOSES STRATEGIC INVESTMENT IN ASPIRE MINING LIMITED
Press Release – SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878), announced today that it has completed the private placement with Aspire Mining ...


Thursday, 23 December 10
CESC EYES COAL MINES IN INDONESIA, S AFRICA - TEHELKA
Company has already set a target of adding 6,000 MW power generation by the end of the 12th Plan in 2017 Tehelka reported that, CESC Ltd, the fla ...


Thursday, 23 December 10
SANTA CLAUSE DID NOT COME EARLY THIS YEAR - FEARNBULK
Handy Not  much  fresh  enquiry  this  week  and  quite  dead  in  Bl.Sea/Med. Nevertheless  ...


Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with ...


Wednesday, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...


   1093 1094 1095 1096 1097   
Showing 5471 to 5475 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 ...

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