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, 05 November 11
DEMAND SLUMP THREATENS MORE PAIN FOR BULK VESSELS - VISTAAR


COALspot.com - The market continued to fall with BDI dropping below 2,000 points by around 10 pct and closing at 1817 points. The cape index also continued to drop and was down by 13.56 pct and closed at 2,829 points. Panamax and Supramax dropped and closed at 1,866 points (down by 3.76 points) and 1,452 points (6.02 pct) respectively.

Handy size index dropped by 5.60 pct and closed at 742 points.

Very less interest in short period and for Supramax delivery N. China for trips via Indonesia were reported around US$ 9,000-10,000 per day, said Capt. Reddy, Director of Vistaar. The freight rate from Indonesia to India likely to remain soft next week. According to Capt. Reddy, 2012 also not a good year for bulk vessels and freight market.

“Global shipping is experiencing a downturn that's even worse than during the 2008 financial crisis, China's transportation minister said, as reported by Reuters.

The average charter rates was at Cape/US$ 23,374 per day , Panamax/US$ 14,925 per day , Supramax/US$ 15,183 per day and Handy size/US$ 10,565 per day.

The Supramax index in the feast (S6 route) was down by 13.60 pct and closed at US$ 10,442 per day (last week US$ 12,086 per day). The EC India/China (S7 route) was also down by11.76 pct and closed at US$ 8,949 per day (last week US$ 10,142 per day). The S6 and S& route likely to remain soft next week.

The futures for three years (2011-2013) was at around Cape/US$ 15,000 per day, Panamax/US$ 13,000 per day, Supramax/US$ 13,000 per day , Handy size/US$ 10,500 per day.

The congestion in EC Australia decreased to 89 vessels this week (last week 100 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/7, Gladstone/12, Abbot Point/Nil, New Castle/45, Port Kembla/10 vessels. On the WC Australia iron ore vessels waiting was at 45 vessels  (last week 37 vessels).

The Brent crude oil prices was up and closed at US$ 112.45  per barrel (last week US$ 110.05 per barrel).  Bunker prices also remained firm and closed at 695.50 pmt (last week US$ 692.00 pmt) for IFO 380 cst ex Singapore on 4th Nov 2011.

Click here for Vistaar’s forecasts (terms & conditions apply) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)



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

Recent News

Wednesday, 26 October 11
INDIAN MARKET WAS REMAINED TIGHT THE WHOLE LAST WEEK - BRS
The market once more seems to be at a crossroads. The indices last week remained fairly stable (except for the Panamax sector), ending the week as f ...


Tuesday, 25 October 11
DRY BULK MARKET STEADY, ANALYSTS LOOKING FOR ADDED PRESSURE ON THE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was unchanged on Monday, with the industry’s benchmark, the BDI (Baltic Dry Index) ending the session at 2,153 points, exa ...


Monday, 24 October 11
NEW HEAD OF INDONESIA'S MINING MINISTRY GETS RAKED OVER THE COALS - JOSEPH KIRSCHKE
COALspot.com - Following Indonesia’s presidential cabinet shakeup last week, many are questioning the qualifications of Energy and Mineral Res ...


Monday, 24 October 11
CHINA QINHUANGDAO COAL PRICE RISES TO HIGHEST IN THREE YEARS - BUSINESSWEEK
Business week reported that, China’s power-station coal price rose to the highest level in three years as power stations and central heating p ...


Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...


   1001 1002 1003 1004 1005   
Showing 5011 to 5015 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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