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, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...


Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...


Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think. But power major NTPC Ltd is finding that this year’s coal is not yie ...


Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...


Tuesday, 23 June 09
NEWCASTLE WEEKLY COAL EXPORTS DECREASE 15%; SHIP QUEUE RISES
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 15 percent last week while the numb ...


   1329 1330 1331 1332 1333   
Showing 6651 to 6655 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 ...

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