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
Saturday, 04 July 09
FREIGHT FUTURE FOR 3 YEARS UNTIL 2012 WAS FAIRLY SOFT AROUND PANAMAX / US$ 16,000, SUPRAMAX / US$ 13,000 PER DAY


COALspot.com (Singapore):
According to Vistaar shipping, an experinced ship operator in Singapore, the freight market was soft with bit nervousness in the global economy recovery.

The BDI was down by 183 points and closed at 3,520 points. The drop again this week is mainly due to Cape which was down by 668 points and closed at 6,438 points.

The Panamax index gained by 210 points and closed at 3,027 points. The Supramax and Handysize index  was almost at same levels with a marginal drop by 15 points. The average charters rates at the close of the week was  at Cape / US$ 71,088; Panamax / US$ 24,254 ; Supramax / US$ 17,964 and Handysize / US$ 10,773.

The BDI is expected to be around 3,500 points next week also and there could be pressure downwards.

The congestion at Australian ports continues to be all time high to 123 vessels waiting off EC Australia. The congestion in Paradip and Haldia has been quite high and Haldia port severely affected by labor strike.

The easing of congestion will definitely put additional pressure on the BDI.

The iron ore and coal import by China seems to be holding however reports suggests that China may reduce the iron ore and coal imports in Q3 and this happens the BDI will be under pressure. The supramax and handysize vessels open in Far East continued to be under pressure and many vessels were ballasting south.

The ships opening in India continued to get premium for round voyages to South Africa and to Far East at around US$ 20,000-22,000 pday. The one year period rate for large supramax was at around usd 16,000 per day. Many owners were looking for short period rates to take advantage of the spot firm market, which probably seems owners may be seeing the market to be soft for next couple of weeks.

The future for 3 years 2010 / 2011 / 2012 was fairly soft around Cape /US$ 30,000 per day , Panamax / US$ 16,000 per day, Supramax / US$ 13,000 per day and Handysize / US$ 10,000 per day  said, Capt. Reddy, MD of  Vistaar Shipping, Singapore

The brent crude prices closed at US$ 66 and was soft and expected to be soft. The bunker prices for IFO (380 cst) prices ex Singapore was at US$ 405 pmt.

Vistaar shipping of Singapore expected the spot freight rates (indicative) on Supramax would be as follows:

Coal 

-Indonesia / EC India         :  US$ 13.00 / 13.50 pmt
-Indonesia / WC India        :  US$  16.00 / 16.50 pmt
-Richards Bay / WC India  :  US$  21.00 / 22.00 pmt
-Richards Bay / EC India   :  US$  22.00 / 23.00 pmt
-Queensland / EC India     :  US$  20.00 / 21.00 pmt

Iron Ore

-WC India / N.China            : US$ 18.00 / 19.00 pmt
-EC India / N.China             : US$  17.00 / 18.00 pmt



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coa ...


Saturday, 11 July 09
THE IMPORT OF STEAM COAL FROM INDONESIA & S/A TO INDIA WILL CONTINUE TO INCREASE - VISTAAR
COALspot.com ( Singapore): Vistaar Shipping, an experienced ship operator in Singapore said, The market continued to be soft this with doubts a ...


Friday, 10 July 09
DMO AND ICPR AIMED AT SECURING DOMESTIC COAL SUPPLY
COALspot.com (Indonesia): According to website of DGCMG,  the implementation of coal Domestic Market Obligation (DMO) and the Indonesian Coal P ...


Friday, 10 July 09
INDONESIAN MINING LAW IN TRANSITION
Further to the enactment of Law No. 4 of 2009 on Mineral and Coal Mining (“Law 4/2009”), the enactment of various implementing regulatio ...


Thursday, 09 July 09
COAL EXPORTS TO CHINA MAY FALL AS PRICES, SHIPPING RATES RISE
CHINA'S appetite for Australian coal may fall in July and August from earlier highs, due to a recent recovery in regional prices and higher interna ...


   1321 1322 1323 1324 1325   
Showing 6611 to 6615 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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