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
Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM


COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.

The BDI was up by only about 2.86 pct closing at 1835 points, whereas the Cape index was up by 13 pct closing at 3150 points. The other segments were soft with Panamax index down by 4 pct closing at 1761 points and Supramax down by 7 pct closing at 1324 points. The handy size index was down by 7.3 pct closing at 675 points.  If the Cape index continues to move up , we expect that the other segments also would recover next week.

Supramax delivery N. China for trips via Indonesia were reported around $ 8000-9000 per day. Short Period charter rates for Panamax reported at around $ 13000 per day and Supramax around $ 12000 per day.

“Even though the charter rates have been soft, the bunker prices have been firm which is keeping the freight fairly firm”, said Capt. Reddy of Vistaar Shipping Singapore.  According to him, The average charter rates was at Cape/$ 27188 per day , Panamax/$ 14079 per day , Supramax/$ 13844 per day and Handy size/$ 9574 per day.

The Supramax index in the feast (S6 route) was down by 16.46 pct and closed at $ 8323 per day (last week $ 9964 per day). The EC India/China (S7 route) was also down by15.20 pct and closed at $ 7321 per day (last week $ 8633 per day). The S6 and S& route likely to remain soft next week.

The futures for three years (2011-2013) was at around Cape/$ 15500 per day, Panamax/$ 13000 per day, Supramax/$ 13000 per day , Handy size/$ 10500 per day.

The congestion in EC Australia decreased to 80 vessels this week (last week 89 vessels). The vessels waiting at main coal loading ports were at Hay point/4, DBCT/12, Gladstone/7, Abbot Point/Nil, New Castle/45, Port Kembla/9 vessels. On the WC Australia iron ore vessels waiting was at 47 vessels  (last week 45 vessels).

The Brent crude oil prices was up and closed at $ 114.08  per barrel (last week $ 112.45 per barrel).  Bunker prices also remained firm and closed at 709.50 pmt (last week $ 695.50 pmt) for IFO 380 CST ex Singapore on 11th 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

Thursday, 29 December 11
NEW VESSELS DELIVERED ARE FLOODING THE OCEANS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected 2011 has been the year that newbuilding deliveries peaked and kept "flooding" the market, thus supressing freight rates and er ...


Tuesday, 27 December 11
MINERS MAKE CASE FOR RESUMING CONTRACT NEGOTIATIONS - THE JAKARTA POST
The Jakarta Post reported that, problems with the renegotiation of mining contracts in the country are far from over, as agreements on several cruci ...


Tuesday, 27 December 11
COAL SHIPMENT OF TIANJIN PORT REACHED 6.72 MLN TONNES IN NOVEMBER - STEEL HOME / HELLENIC SHIPPING
Tianjin port shipped 6.72 million tonnes of coal in November, decreasing 600,000 tonnes versus 7.32 million tonnes in October, while up 21.09% or 1. ...


Tuesday, 27 December 11
NEW CLAUSE PUBLISHED FOR SLOW STEAMING - BIMCO
Many owners and operators faced with high bunker prices are considering implementing slow steaming regimes to save fuel and to assist with capacity ...


Monday, 26 December 11
NEW EXPORT TAX PLAN GREETED WITH PRAISE AND CRITICISM - THE JAKARTA POST
The Jakarta Post, one of the Indonesia's leading english news paper reported that, both praise and criticism showered the government’s plan t ...


   981 982 983 984 985   
Showing 4911 to 4915 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 ...

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