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
Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY


COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore.

However, the market managed to maintain almost the same levels as last week , with all the sectors up by 3-7 pct except for Panamax index which was slightly softer, he further said.

The BDI continue to rise and was up by 54 points (up by 3.53 pct) and closed at 1,585 points. The Cape index gained maximum this week , up by 118 points (up by 7 pct). The Panamax was slightly lower and was down by 56 points (down by 0.76 pct).  The Supramax and Handy size index was up by 29 points (up by 1.84 pct) and 25 (up by 3.31 pct) respectively.

The Supramax vessels opening FEast/SE Asia region were seen holding at healthy levels and fixed at around US$ 16000 delivery N.China. 

The freight markets may hold for next couple of weeks. However there does not seem to be any strength in the market and in the long run seems the freight would be soft . The effects of Japanese ports closure and Libya , Yemen , Syria  crisis is likely to have effect on shipping and oil prices.

The average charter rates was at Cape/US$ 10,718 per day , Panamax/US$ 16,693 per day , Supramax/US$ 16,762 per day and Handy size/US$ 11,704 per day.

The Supramax index in the feast (S6 route) was almost steady and slight softness was seen towards end of the week at US$ 15,991 per day (last week US$ 15,995 per day). The EC India/ China (S7 route) continued to softened and was down by 2.07 pct (down by US$ 330 per day) and closed at US$ 15,608 per day (last week US$ 15,938 per day).  The S6 route is likely to continue to be steady/soft , whereas the S7 is likely soften further.

The futures for three years (2011-2013) was at around Cape/US$ 19,000 per day, Panamax/US$ 16,500 per day, Supramax/US$ 15,500 per day , Handy size/US$ 11,500 per day.

The congestion in EC Australia almost at same levels at 84 vessels this week (last week 72 vessels). The vessels waiting at main coal loading ports were at Hay point/7, DBCT/21, Gladstone/12, Abbot Point/3, New Castle/34, Port Kembla/7 vessels. On the WC Australia iron ore vessels waiting reduced to 39 vessels (last week 42 vessels).

The waiting at Indian ports for coal vessels was quite normal.

The crude oil prices remained firm and closed at US$ 115.95 per barrel (last week US$ 114.51 per barrel). Bunker prices was almost at same levels and closed at US$ 643.00 pmt (last week US$ 643 pmt) for IFO 380 cst ex Singapore on 25th March 2011.

Click here for Vistaar’s forecasted (terms & conditions apply) spot freight rates for coal & Iron-ore cargo for specific routes (cs)
Reported by Vistaar Shipping, Singapore



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

Recent News

Sunday, 20 March 11
FREIGHT MARKETS COULD SOFTEN NEXT WEEK DUE TO JAPANESE PORTS CLOSURE AND LIBYAN CRISIS - VISTAAR
COALspot.com - The BDI was down by 1.98 pct (closing at 1531 points) mainly due to Cape index which was down by almost 11 pct and closed 1687 points ...


Friday, 18 March 11
FALL IN INDONESIAN COAL EXPORTS IN FEBRUARY 11
COALspot.com -  Indonesian coal exports seen a fall of 10.76% during Feb 2011. The world’s largest coal exporter shipped 22.029 MMts of c ...


Thursday, 17 March 11
THE PACIFIC HANDY MARKET IS CURRENTLY STEADY - FEARNBULK
Handy The Atlantic market is showing signs of recovery and does not seem to be affected by the Japan disaster. The market is very positional and i ...


Tuesday, 15 March 11
COAL PRODUCTION FORECAST TO SURGE ON RISING PRICES - THE JAKARTA GLOBE
The Jakarta Globe  reported that, Indonesia’s coal production is forecast to increase by 20 percent this year as coal prices continue to ...


Monday, 14 March 11
IRON ORE TRADING WORLD EUROPE 2011
Press Release - Strategy and opportunity for miners, steelmakers, end users and the financial community. The iron ore spot market is growing at a ...


   1067 1068 1069 1070 1071   
Showing 5341 to 5345 news of total 6871
News by Category
Popular News
 
Total Members : 28,632
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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