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

Thursday, 22 November 12
DRY BULK MARKET RISE, BUT OUTLOOK SEEN DIM ON THE BACK OF RECORD NEW BUILDING DELIVERIES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been under hefty pressure since the start of the year, as a result of record newbuilding deliveries and below-par demand for ...


Wednesday, 21 November 12
LITTLE IMPACT FROM DISSOLUTION OF BP MIGAS ON INDONESIAN OIL & GAS COMPANIES - FITCH
Fitch Ratings has said that the recent court order to abolish the Indonesian upstream oil and gas regulator, BP Migas, has minimal immediate impact ...


Wednesday, 21 November 12
ORPHEUS ENERGY SECURES FIRST COAL OFF TAKE CONTRACT
COALspot.com - Orpheus Energy Limited (ASX:OEG) has announced that it has signed a coal sales contract with an Indonesian steel manufacturing compan ...


Tuesday, 20 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 13.18 PERCENT LESS COAL W-W
COALspot.com - Newcastle port in Australia has loaded 2,691,731 MT of thermal and coking coal for week ended  0700 hours 19 November 2012, Newc ...


Monday, 19 November 12
GOVT PREPARES TO FACE ANOTHER SUIT ON MINING LAW - THE JAKARTA POST
The government is gearing up to face a complaint on the 2009 Mining Law prepared by the same organization that previously brought down upstream oil ...


   897 898 899 900 901   
Showing 4491 to 4495 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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