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, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR

 
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 1000 points on Friday closed at 966 points (down by 12.67 pct). 

The Baltic Dry Index is issued daily by the UK-based Baltic Exchange, and has been in existence since 1744. It tracks the worldwide international shipping prices of major raw materials and dry bulk cargoes by sea, including grain, iron ore, coal and other fossil fuels. The BDI measures the shipping costs of these raw materials for four different sizes of merchant vessels on 26 different geographic routes and averages them into one index.

The cape index has also dropped by 1.67 pct and closed at 1832 points. The Panamax also continued to fall this week closed at 936 points . The supramax and handy size index was almost at same levels down by less than 1 pct closing at 760 points and 470 points respectively.

The charter rates dropped towards second half of the week due to drops in demand. The Freight market likely to be soft next week too.

The average charter rate for  Cape was around US$ 12,066 per day , Panamax was at around US$ 7441 per day this week. In the meantime Supramax was at US$ 7,947 per day and Handy size US$ 6,589 per day.

The futures for three years (2013-2015) was at around Cape / $14000 per day, Panamax $ 9,500 per day, Supramax $ 9,500 per day  and Handy size$ 8000 per day.

The supramax index in the far east (S8 route) was down by 3.36 pct and closed at $ 9770 per day (last week it was at $ 10110 per day). The route S7 was also down by 1.46 pct  closed at $ 5725 per day (last week was at  $ 5810 per day) . The market seems to be weak this week and the freights from Indonesia to India also to be soft next week.

The congestion in EC Australia increased to 79 vessels this week (last week 67 vessels).  The vessels waiting at main coal loading ports were at Haypoint/4, DBCT/17, Gladstone/17, Abbot Point/2, New Castle/33, Port Kembla/2 vessels.

The Brent crude oil prices was down by 3.59 pct and closed at $ 107.16  per barrel (last week  $ 111.15 per barrel). The bunker prices closed higher at $ 595.00  (last week $ 600.50 pmt) for IFO 380 cst ex Singapore on 6th Dec 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, 07 December 12
A NEW PHASE FOR AUSTRALIAN RESOURCES - A FITCH STREET INTERVIEW
This week Matt Jamieson spoke with Andrew Colquhoun in Fitch's Asian sovereign rating team, and Vicky Melbourne, Fitch's commodity analyst based i ...


Friday, 07 December 12
SHIPPING INDUSTRY LOOKING ON YET ANOTHER TOUGH YEAR AS WE APPROACH 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With shipping finance "on the ropes" as traditional lenders appear to be cutting their losses and tonnage oversupply still the most import ...


Thursday, 06 December 12
PANAMAX : THE POSITIVE VIBES IN THE ATLANTIC REMAINS - FEARNLEYS AS
Handy The Atlantic market is still depressed with dearth of cargoes and more ships. The trips from Continent to Feast fixed around USD 12k. Trips f ...


Thursday, 06 December 12
STRONG CHINESE DEMAND FOR DRY BULK COMMODITIES EXPECTED FOR 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A new analysis from BIMCO released yesterday suggests that 2013 is expected to be a stronger year in terms of China's "hunger" for commod ...


Tuesday, 04 December 12
JATENERGY SIGNS MOU FOR INDONESIAN COAL ASSET
COALspot.com - Jatenergy Limited has announced that its fully-owned Indonesian subsidiary, PT Barata Energy (BE), has signed an exclusive, non-bindi ...


   893 894 895 896 897   
Showing 4471 to 4475 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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