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, 02 April 11
THE FREIGHT MARKETS LIKELY TO BE SOFT NEXT WEEK - VISTAAR SINGAPORE


COALspot.com - The freight market softened this week affecting all sectors with BDI down by 65 points (down by 4.10 pct) and closed at 1,520 points. The cape index was marginally down by 13 points and closed at 1,792 points. Panamax index was the most affected , down by 153 points (down by 7.36 pct)  and closed at 1,925 points. The Supramax index also dropped by 92 points (down by 5.74 pct) and closed at 1511 points, where as the handy size was almost at same levels and closed at 786 points.

The Supramax vessels opening Far East /SE Asia region continued to see healthy levels and ships were fixed around $ 16,000 Shanghai/Rizhao range.  The freight markets likely to be soft at least in the beginning of the week and may pick towards end of the week.  Probably the effects of Japanese ports and crisis in Libya, Yemen , Syria and Middle east seems to be affecting the shipping market. However overall the sentiments are that the markets could be softening in the coming weeks.

The average charter rates was at Cape/$ 10,554 per day , Panamax/$ 15,463 per day , Supramax/$ 15,795 per day and Handy size/$ 11,774 per day.

The Supramax index in the far east (S6 route) softened further by 1.19 pct (down by 191 points) and closed at $ 15,391 per day (last week $ 15,991 per day). The EC India/China (S7 route) also continued to softened and was down by 3.84 pct (down by $ 600 per day) and closed at $ 15,008 per day (last week $ 15,608 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/$ 18,500 per day, Panamax/$ 16,000 per day, Supramax/$ 15,000 per day , Handy size/$ 11,250 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 continued to firm up and closed at $ 118.93 per barrel (last week $ 115.95 per barrel). Bunker prices also firmed up and closed higher at $ 657.00 pmt (last week $ 643 pmt) for IFO 380 cst ex Singapore on 1st April 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

Saturday, 07 May 11
BERAU INKS DEALS WITH CHINESE FIRMS AS COAL WEATHERS COMMODITIES STORM - THE JAKARTA GLOBE
The Jakarta Globe reported that, Berau Coal, one of the country’s largest coal miners, has signed sales contracts with two Chinese companies a ...


Saturday, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director ...


Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after l ...


Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now ...


Thursday, 05 May 11
SUPRAS IN NORTH CHINA ARE GETTING CLOSE TO $ 13K FOR INDO-INDIA
Handy The Atlantic market is stable/flat with positive undertone meaning more enquiries hitting the market today. Lack of prompt vessels. Trips to ...


   1053 1054 1055 1056 1057   
Showing 5271 to 5275 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 ...

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