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
Sunday, 15 February 15
BALTIC DRY INDEX CONTINUALLY DIPPED IN RED

COALspot.com: The Baltic Dry Index continues its decline and fell 5.18 pct to 530 points week on week due to falling commodity prices and declining import demand from China and particularly celebrations of Lunar New Year holidays next week. Most of the owners are hoping that the market would pick up after the Lunar New Year holidays and will have to wait to see how the market behaves.

In recent months, the dry bulk shipping industry is affected by numerous factors such as world economies’ slow growth and weak commodity demand. China’s economic growth rate impact dry bulk shipper’s movement as China is an important commodity market, which is the backbone of growth of shipping industry recent years. According to industry analysts, the world’s fleet of dry-bulk ships are far exceeding demand and estimated around 20% above demand over the past few years. Recovery of shipping industry has to go through rough sea in coming years to reach a safe destination.

The cape index is down nearly 8.56 percent over the past one week and closed at 630 points on 13 Friday 2015. The Panamax index was the only segment where the index was up 16.04 pct week over week and closed 499 points. The Supramax and Handy size index was also down and closed at 436 points (down by 17.73 pct) and 268 points (down by 10.96 pct) respectively on 13 Friday.

In the Far East/SE Asia the freight rates continued its decline this week and the Supramax charter rate delivery arrival load ports in Kalimantan were being rated at around $ 6,500 per day. In the meantime, Panamax charter rates were soft and ships were reported fixed delivery Indonesia around $ 4,000 per day for a trip to India below its break-even point. Freight rates are still expected to be weak on Supramax and Panamax in coming days.

The Cape average charter rates were reported at around $ 5,117 per day, far below its break-even point, Panamax is at around $ 3,984 per day , Supramax at $ 5,077 per day and Handy size/$ 4,021 per day.

The futures for three years (2015-2017) was reported at around $ 14,000 per day for Cape, $ 9,000 per day for Panamax, $ 9,000 per day for Supramax and Handy size at $ 7,500 per day.

The route S8 route for Supramax was declines 10.20% closing at $ 4,625 per day (last week $ 5094 per day). Freight rates from Indonesia to India is expected remain weak next week.

The Brent crude oil prices was up by 7.43 pct closing at $ 61.52 per barrel (last week $ 57.80 per barrel). The bunker prices was almost at same levels closing at 366.00 pmt (IFO 380 cst ex Singapore on 13th Feb 2015).

Baltic Dry Index (BDI)  - DOWN
Cape index (BCI) - DOWN
Panamax index (BPI) - UP
Supramax index (BSI) - DOWN
Handy index - DOWN
(as of week ended 13 February 2015 (week on week changes))


Click here
for Vistaar Shipping Services (India) Private Ltd forecasts (subject to terms, conditions & Disclaimer clauses) for spot freight rates for coal & Iron-ore cargo for specific routes (cs)

The information provided by Vistaar Shipping Services (India) Private Ltd , India in this report is provided for information purposes only. No claim is made as to accuracy of the content in this report at any time. Vistaar Shipping Services (India) Private Ltd, and their Group companies or Subsidiaries do not accept any liability to any person or Company for the information provided in this report. No responsibility is taken for any information of services that may appear in this report.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 14 February 15
SHALE GAS AND TIGHT OIL ARE COMMERCIALLY PRODUCED IN JUST FOUR COUNTRIES - EIA
KNOWLEDGE TO ELEVATE The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing com ...


Friday, 13 February 15
U.S. WEEKLY COAL PRODUCTION SHOWS 10% DECLINE
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.1 million short tons (mmst) of coal ...


Friday, 13 February 15
SMALL AND MEDIUM-SIZED SHIP OWNERS SQUEEZED OUT OF THE MARKET ON CRASHING DRY BULK MARKET AND EUROZONE CRISIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Financing issues have started to tighten the noose in the throats of small and medium-size ship owners, who were already facing problems over the p ...


Thursday, 12 February 15
CAPESIZE: THE BEST DESCRIPTION FOR THE MARKET IS, FLAT - FEARNRESEARCH
Handy The handy and supra market is also being affected by the marginal volume of activity in the commodity sales. We see a small upturn in the T ...


Thursday, 12 February 15
DRY BULK OWNERS SCRAP MORE VESSELS, AS MARKET REACHES HISTORICAL LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has reached historical lows this week, with the Baltic Dry Index (BDI) now trading at levels below operating expense levels for ...


   638 639 640 641 642   
Showing 3196 to 3200 news of total 6871
News by Category
Popular News
 
Total Members : 28,626
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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