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, 27 May 12
THE FREIGHT MARKET FROM INDONESIA TO INDIA WAS WEAK - VISTAAR


COALspot.com - The BDI continued to fall for the fourth straight week and the BDI fell by 9.38 pct this week closing at 1,034 points.

The Cape Size and Panamax index also fell by 12.80 pct (closing at 1,424 points) and 15.00 pct (1,083 points)  respectively. The Supramax and Handy size index saw a slight increase and closed at 1,118 points (up by 0.90 pct ) and 651 points (up by 1.88 pct) respectively.

The freight market from Indonesia to India was weak and few spot vessels seen looking for employment.  The spot fixture rates for Supramax in SE Asia remained weak with vessels trading around US$ 7,500 delivery South China. Short period rate for Supramax reported around US$ 10,500 - 11000 per day and for Panamax around US$ 8,500 delivery Far East.

Iron ore price and steel prices were at the lowest in last six months and show a weak steel demand. The iron ore movement will remain a very important factor for bulk trade as it accounts for about 30 pct of seaborne trade on capsize vessels. Uncertain outlook for steel demand and fall in iron ore prices is a worrying factor.

The average charter rates was at Cape/US$ 6426 per day , Panamax / US$ 8633 per day , Supramax / US$ 11,694 per day and Handy size/US$ 9,702 per day.

The futures for three years (2012-2015) was at around Cape/US$ 15,000 per day, Panamax / US$ 10,500 per day, Supramax / US$ 10,500 per day , Handy size/US$ 9,000 per day.

The supramax index in the feast (S8 route) was down by 23.45 pct and closed at US$ 7,136  per day (last week US$ 9323 per day) and S7 route  was down by 15.51 pct  and closed at US$ 7,055 per day (last week US$ 8,350 per day) . Both routes likely to be soft next week.

The congestion in EC Australia was at 78 vessels this week (last week 69 vessels).  The vessels waiting at main coal loading ports were at Haypoint / 4, DBCT/7, Gladstone/12, Abbot Point/3, New Castle/36, Port Kembla / 15 vessels. On the WC Australia iron ore vessels waiting was at 34 vessels (last week 31 vessels).

The Brent crude oil prices remained almost at same levels as last week and closed at US$ 106.78 per barrel(last week  US$ 106.88 per barrel) and bunkers prices also remained soft closing at US$ 653.50 pmt (last week US$ 648.00 pmt)for IFO 380 cst ex Singapore on 25th May 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

Tuesday, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...


Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target. According to Irwan Budiarto analyst at Bahana Securities, US ...


Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts. The API 5 index represents 5,50 ...


Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points. The Cape index also was down by 5.78 pct closing a ...


Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ ...


   938 939 940 941 942   
Showing 4696 to 4700 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 ...

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