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

Tuesday, 13 December 11
CAPESIZES AND PANAMAXES LEAD DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched closer to the 2,000 mark on Monday, with Panamaxes rebounding firmly and leading the gains. As a result, the industry&rsq ...


Monday, 12 December 11
DRY BULK MARKET LOOKING FOR BALANCE AS WE ENTER 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
During the past few months, freight rates for dry bulk carriers, especially Capesizes have increased significantly, providing ship owners with a muc ...


Sunday, 11 December 11
THE PANAMAX INDEX ENDED ON POSITIVE DIRECTION - VISTAAR
COALspot.com - The BDI and Cape index continued the upward trend this week also with BDI up by 3.00 pct closing at 1,922 points and Cape index up by ...


Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION
COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the c ...


Friday, 09 December 11
DRY BULK MARKET REBOUNDS ON HEALTHIER DEMAND OUTLOOK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged forward yesterday, at the highest rate of the past couple of weeks, as a result of stonger iron ore demand, backed by lowe ...


   986 987 988 989 990   
Showing 4936 to 4940 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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