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

Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...


Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...


Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...


Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...


Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs Live mint.com reported that, India’s largest power generation utility ...


   1305 1306 1307 1308 1309   
Showing 6531 to 6535 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 ...

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