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, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued ...


Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial ...


Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country' ...


Saturday, 23 May 09
INTERNATIONAL COAL VENTURES PVT LTD FORMED - INDIA SERVER
National Thermal Power Corporation Limited (NTPC Ltd), the largest thermal power generating company of India, has entered into a joint venture with ...


Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion ...


   1346 1347 1348 1349 1350   
Showing 6736 to 6740 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 ...

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