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
Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS


There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 (+2.6%), the BPI 1,913 (+10.8%), BSI at 1,533 (+2.3%) and the BHI progressed to 774 points (+4.6%). 

Capesize
A surprise jump in rates was recorded in the latter part of the week despite the week-long holidays in China. W-o-w the 4TC average rose nearly 5% to $27,876 per day. Rio Tinto was busy in the Pacific and a reported $11.35 was reached for one fixture for October loading, with around $10.70 proving to be the average for the week. South African coal proved another active area, while Atlantic tonnage was yet again tight, and again gains here showed the biggest increase. This activity resulted in a firming in the near-period FFA rates and Q4 finished with a near 13% gain compared to the previous week. The 4TC rose another $600 on Monday, with sentiment fairly positive for the week ahead.

Panamax
The Atlantic basin tightened over the week, with notable support emanating from the USG where enquiry remains healthy. Both TA and front haul rates improved notably (an increase of $1,341 on 1A and $1,683 on 2A indices between 30/09/11 - 07/10/11). The Pacific market also appeared tighter, in large part due to the holidays in Asia but also as a result of significant numbers of ballasters having sailed to the Atlantic in search of fresh business. Pacific rounds exhibited strong underlying support, with the 3A index rising by $2,281 over the week. Looking further forward however, there may be some expectation for additional tonnage from the East to weigh down on TA rates, although the market appears stable for the time being. There has also been a notable increase in the volume of open market tonnage in the Pacific at the beginning of the new week, suggesting that the recent upward trend may begin to stabilize a touch.

Supramax/Handy
The Baltic Supramax Index went up by 32 points to finish at 1,533 points last week, while the average of the time charter routes gained about $400 daily to finish at $16,000 per day.  
The market remained steady with many players closed due to holidays and celebrations in the Far East. The market was active in the Atlantic however with scrap out of the Continent and more and more freshly added grain/sugar cargos ex-ECSA. Ballasters coming from the Pacific / Indian Ocean helped to balance the rates for the vessels suffering from fewer cargoes in India / Far East.  On the other hand, more and more interest for Supramaxes on short / medium period helped to sustain the market.  

On the smaller sizes, the Baltic Handysize index went up by 23 points to finish at 774 points with the time charter routes gaining $300 to reach $11,270 daily. The Atlantic and the Pacific levels are becoming quite balanced, and the TARV is worth $11,500/ day today, whereas the Pacific round voyage is valued $11,000 daily.    On the period front, we saw interest on both middle period of 1 year and short period. A 57,000 dwt recently built vessel fixed for 12 months trading delivery Far East at $13,750 daily with worldwide redelivery, while short period reached levels close to $14/14,500 daily.

Source: Barry Rogliano Salles



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

Recent News

Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to t ...


Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the ...


Thursday, 29 September 11
INDONESIA'S MINERS FACE AN UNCERTAIN FUTURE - RUPERT WALKER
An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment. The five-year surge ...


Thursday, 29 September 11
DRY BULK MARKET FALLS MID-WEEK, FURTHER DROP EXPECTED NEXT WEEK ON CHINA HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected by the Baltic Dry Index (BDI) retreated by 0.36% yesterday reaching 1,920 points, with the Capesize segment suffer ...


Wednesday, 28 September 11
ATLAS RESOURCES TO SELL 25% STAKE IN IPO - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, plans to sell 783.33 m ...


   1010 1011 1012 1013 1014   
Showing 5056 to 5060 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 ...

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