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

Wednesday, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...


Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
  The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...


Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...


Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country. India's leading e-commerce company Mjunction Services Ltd will ...


Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
Coal India Ltd., the world’s biggest coal producer, wants mining approvals sped up to help it boost production to meet a widening supply short ...


   1326 1327 1328 1329 1330   
Showing 6636 to 6640 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 ...

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