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 : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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