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

Saturday, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...


Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland. The terminal is now ...


Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...


Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...


Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal * Petcoke prices up $10/T Feb-Jun, set to rise further * Domestic U.S. petcoke demand ma ...


   1325 1326 1327 1328 1329   
Showing 6631 to 6635 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 ...

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