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
Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE


COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,385. Panamax continued to drop and closed at 3,183 points down by almost 10 pct. The Supramax and Handysize was flat and closed at 2,081 points and 887 points.

The average charters rates at the close of the last week was  at Cape / USD 57,996;  Panamax / USD 25,534 ; Supramax / USD 21,755 and Handysize / USD 12,794. The BDI seems to have a resistance level around 3,500 points and expected to remain around these levels for next few weeks.

The congestion in Australia continues to be high with 112 vessels waiting EC Australia and 22 ships waiting WC Audtralia. The waiting in EC India ports Paradip and Visakhapatnam continues , the congestion is mainly due to clearance of cargo from port.

The iron ore import by China continued to remain firm for last couple of weeks and however is expected to weaken a bit as it is likely that the Chinese may import more through long term and volume is also expected to reduce for the balance year, if this happens the spot market may soften. The coal import by China also has reduced considerably.

The Supramax from India to China continued to enjoy good charter rates and the Iron Ore charterers having to pay higher freight, however the market softened slightly for ships opening ECI to China and were seen getting charter rates around USD 28,000 per day.

The Far East / South East Asia also saw some softening with Supramax vessels aiming around USD 16,000-17,000 per day compared to 18,500-19,000 per day last week. 

One year charter rates for Supramax was at around USD 18,500 per day and short period rates for vessels opeing Far East.South East Asia was around USD 19,000-20,000 pday said, Capt.Reddy, MD of Vistaar Shipping, Singapore, a experinced ship operator in Singapore.


The crude prices was volatile and closed firm with brent crude closing at around US$ 70 per barrel. The bunker prices for IFO(380 cst) prices ex Singapore was firm at USD 428-430 pmt.

Click here for Vistaar Shipping's forecasted (indicative) spot freight rates for coal & iron-ore cargo for 11 specific routes. (cs)



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 ...

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