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

Monday, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...


Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DS ...


Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...


Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...


Wednesday, 11 January 12
NEWBUILDING ORDERS DECLINE, AS SHIP OWNERS REALIZE OVERSUPPLY WILL "KILL" THEM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With 2012 now underway, it will be rather interesting to see how ship owners will play the "newbuilding ordering" card to their favor, as ...


   976 977 978 979 980   
Showing 4886 to 4890 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 ...

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