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, 18 July 09
THE FUTURE FOR SUPRAMAX FOR NEXT 3 YEARS TILL 2012 WOULD BE AROUND US$ 13,500 PER DAY - CAPT. REDDY


COALspot.com ( Singapore): The market moved up sharply this week , which was quite unexpected.

The BDI was up by 557 which is an increase of 18 pct from last week and closed at 3,542 points.

The main reason for BDI increase was again due to Cape index which went up by 23% in last one week and closed at 5,957 points. The Panamax and Supramax went up by 12 - 13% and closed at 3,324 points and 2,051 points respectively.

Handysize saw a marginal increase of 6% and closed at 843 points.The BDI seems will remain between 3,000 - 4,000 points for next few weeks.

On the Supramax ships opening Far East and India were being fixed at around US$ 18, 000 / 19, 000 and US$ 26, 000 / 27, 000 respectively.

This would have the freight rates for coal / coking coal ex Indonesia / Australia and iron ore freight ex. India increase by about 20 - 25% compared to last week. Short period rates for supramax opening Far East was around US$ 17,000 / 17,500 pday.

Panamax opening Far East were seen bing fixed at US$  20,000 / 21,000 per day. China's import of iron ore continued to be strong and the iron ore import in June 2009 was at 55 million tonnes which is same as in April and May 2009.

It will be interesting to see if whether this volume of import will be maintained which will have a direct effect on the freight market - Vistaar Shipping, Singapore

The congestion at Australian ports continues to be at around 121 vessels waiting off EC Australia. The congestion at Indian ports was easing except for Paradip where congestion continues.

The average charter rates at Cape / US$ 64,714 per day, Panamax / US$ 26,601 per day, Supramax / US$ 21,445 per day and Handysize / US$ 12,084 per day.           

The future for 3 years 2010 / 2011 / 2012 is around Cape / US$ 32,000 per day , Panamax / US$ 17,000 per day, Supramax / US$ 13,500 per day and Handysize / 10,500 per day.

The crude prices was up and the brent crude prices increased to US$ 65 per barrel. The bunker prices firmed and the IFO (380 cst) prices ex. Singapore went up to US$ 415 per mt .

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

Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...


Saturday, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points. The cape and panam ...


Saturday, 08 August 09
SULTAN MINING SIGNS P8-BILLION, 10-YEAR COAL-SUPPLY CONTRACT WITH KEPCO POWER CORP.
COAL developer Sultan Mining and Energy Development Corp. (SMEDC) reported on Thursday that its subsidiary MG Mining and Energy Corp. signed an P8-b ...


Friday, 07 August 09
NEED TO HIKE DOMESTIC PRICES - COAL INDIA
WSJ reported that, The chairman of Coal India Ltd., the country's biggest coal producer, Friday said there was a need to hike domestic coal prices ...


Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
PTBA to Produce 13 Million Tons President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company th ...


   1304 1305 1306 1307 1308   
Showing 6526 to 6530 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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