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, 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 about global economy recovery and talks about another stimulus package by the US.

The stock markets globaly remained soft this week. The BDI was down by 535 points which has been quite sharp and closed at 2,985 points.

The main cause for the BDI is again the Cape index which fell by 1,594 points which is about 25% drop in a week and closed at 4,844 points. The Panamax index dropped marginally by 75 points and closed at 2,952 points. The Supramax and Handysize gained by 99 points and 45 points and closed at 1,817 points and 794 points respectively.

The average charters rates at the close of the week was  at Cape / US$ 51,223 ; Panamax / US$ 23,615 ; Supramax / US$ 19, 002 and Handysize / US$ 11,387.

The pressure on BDI is likely to continue , however the BDI is expected to stay around 3,000 points.

The congestion at Australian ports continues to be at around 121 vessels waiting off EC Australia. The congestion in Paradip and Haldia is continuing to be high with about 47 ships waiting at Paradip. 

China's appetite for iron ore and coal imports is expected to be weak in Q3 and if this happens will definitely have a affect on the shipping market. The import of steam coal from Indonesia and South Africa to India will continue to increase especially with quite a few thermal power plants in the pipeline and will be operational in 3 / 5 years.

The Panamax / Supramax / Handy size were fairly holding firm . Supramax opening Far East were getting around US$ 15,000 - 16,000 pday for SE Asia to India / China and supramax opening in India continued to get good healthy rates around US$ 22,000 / 23,000 per day for trip to Feast.

Short period rates for Supramax opening feast was around US$ 16,000 per day. Panamax opening feast were being fixed around US$ 18,000 / 19,000 per day said, Capt. Reddy, MD, Vistaar Shipping, Singapore. 

Capt. Reddy is expected the future for 3 years 2010 / 2011 / 2012 is around Cape / US$ 30, 000 per day , Panamax / US$ 17,000 per day, Supramax / US$ 13,500 per day and Handy size / US$ 10,500 per day

The crude prices was under pressure and the brent crude prices fell below US$ 60 per barrel and closed at US$ 59.89. Seems the crude prices will around US$ 60 levels next week. The bunker prices for IFO(380 cst) prices ex Singapore went down to US$ 385 pmt but however closed on Friday at US$ 395 pmt .

Click here for Vistaar's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes
.



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 ...


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 ...


Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX). The listing followed the company's p ...


   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 ...

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