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, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR


COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said Capt. Reddy director of Vistaar Shipping SIngapore.

The main reason has been the big drop of the Cape size index which has been dropping continuously for last few weeks with the index closing at 1,723 points and average charter rates at US$ 9,116 per day.

The Panamax and Supramax index also dropped drastically by 17.76 pct and 12.68 pct , whereas the handy size index dropped only by 4.65 pct. It seems the markets may continue to remain soft at least until the Chinese New year holidays over and may expect some correction from Feb 2012 onwards. However the overall sentiment for charter rates for 2012 including futures is quite soft.

Supramax delivery South China for trips via Indonesia were reported around US$ 6,000 per day. Short Period charter rates for Panamax and Supramax was down to around US$ 10,500-11,000 per day.

The average charter rates was at Cape/US$ 9,116 per day , Panamax/US$ 10,076 per day , Supramax/US$ 10,154 per day and Handy size/US$ 7,779 per day.

The futures for three years (2012-2014) was at around Cape/US$ 16,000 per day, Panamax/US$ 12,500 per day, Supramax/US$ 12,000 per day , Handy size/US$ 9,500 per day.

The Supramax index in the feast (S6 route) closed at US$ 6,245 per day (last week US$ 6,608 per day) and S7 route closed at US$ 6,525 per day (last week US$ 6,795 per day) . S6 and S7 route likely to remain soft next week also.

The congestion in EC Australia decreased to 94  vessels this week(last week 99). The vessels waiting at main coal loading ports were at Hay point/5, DBCT/19, Gladstone/18, Abbot Point/Nil, New Castle/53, Port Kembla/7 vessels. On the WC Australia iron ore vessels waiting was at 33 vessels.

The Brent crude oil prices closed at 110.43 per barrel and bunkers prices closed at US$ 732.50 pmt for IFO 380 CST ex Singapore on 13th Jan 2012.

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

Friday, 27 January 12
DEMOLITION ACTIVITY NEEDS TO INCREASE SIGNIFICANTLY THIS YEAR AS WELL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of vessels in most shipping sectors is so intense that it’s become clear to ship owners that unless they scrap as many of their ...


Thursday, 26 January 12
ABM INVESTAMA SEALS US$100 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, PT Reswara Minergi Hartama, a subsidary of PT ABM Investama Tbk (ABMM), has sealed a 2 million tons of coal export co ...


Thursday, 26 January 12
DRY BULK MARKETS DOWNFALL KNOWS NO LIMITS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s demise seems to have no visible end, as China’s Lunar Year Holidays continue this week, thus leaving demand with n ...


Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other p ...


Tuesday, 24 January 12
ANOTHER SEVERE DROP IN THE CAPESIZE - BRS
The lunar year celebrations and the high number of new building deliveries (more than 35 Capes so far in January as owners push 2011 deliveries into ...


   973 974 975 976 977   
Showing 4871 to 4875 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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