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, 03 June 12
FREIGHT MARKET CONTINUING ITS DECLINE


COALspot.com - The BDI continued to fall for the fifth straight week and the BDI fell by 2.57 pct this week closing at 904 points.

The Cape Size and Panamax index also fell by 8.85 pct (closing at 1,298 points) and 17.17 pct (897 points)  respectively. The Supramax and Handysize index fell by 8.50 pct (closing at 1,023 points) and 4.61 points (closing at 621 points) respectively.

The freight market from Indonesia to India was weak and soft.

The spot fixture rates for Supramax in SE Asia remained weak with vessels trading around $ 7000  Indonesia with ballast bonus.  Short period rate for Supramax reported around $ 9500 per day and for Panamax around $ 8500 delivery Far east.

The shipping market is expected to be weak in next coming weeks and at the moment the supply is more than the demand.

The average charter rates was at Cape/$ 4814 per day , Panamax/$ 7138 per day , Supramax/$ 10694 per day and Handysize/$ 9217 per day.

The futures for three years (2012-2015) was at around Cape/$ 14500 per day, Panamax/$ 10500 per day, Supramax/$ 10500 per day , Handysize/$ 9000 per day.

The supramax index in the feast (S8 route) was down by 30.38 pct and closed at $ 4,968  per day (last week it was at $ 7,136 per day) and S7 route  was down by 21.33 pct  and closed at $ 5,550 per day (last week $ 7,055 per day) .

Both routes likely to be soft next week.

The congestion in EC Australia was at 90 vessels this week (last week 78 vessels).  The vessels waiting at main coal loading ports were at Haypoint/6, DBCT/8, Gladstone/11, Abbot Point/3, New Castle/50, Port Kembla/12 vessels. On the WC Australia iron ore vessels waiting was at 31 vessels (last week 34 vessels).

The Brent crude oil prices softened by 7.58 pct closed at $ 98.68 per barrel (last week  $ 106.78 per barrel) and bunkers prices also softened closing at $ 611.00 pmt (last week $ 653.50 pmt) for IFO 380 cst ex Singapore on 1st June 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 : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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