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

Monday, 27 July 09
ADANI POWER'S $625 MILLION IPO TO GENERATE HOT DEMAND
  WSJ reported that, Adani Power, the electricity generating unit of India's Adani Enterprises Ltd., is set raise up to US$625 million in wha ...


Monday, 27 July 09
MIDDLE EAST COAL TO MOVE ON $1B EAST KALIMANTAN PROJECT
The Jakarta globe reported that, Middle East Coal reiterated on Monday that it would push ahead its $1 billion development program for East Kutai Re ...


Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt ...


Monday, 27 July 09
COKING COAL, IRON-ORE LIKELY TO BENEFIT NON-INTEGRATED STEEL PRODUCERS
Economictimes reported that, The second half of the financial year 2008-09 was one of the toughest periods for steel companies, especially the non-i ...


Monday, 27 July 09
GMR ENERGY BUYS EMCO POWERGEN SUBSIDIARY
DNA India reported that, Thane-based transformer manufacturer Emco Ltd has sold its stake in unlisted power generation subsidiary Emco Energy to Ban ...


   1310 1311 1312 1313 1314   
Showing 6556 to 6560 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 ...

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