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, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING


COALspot.com (Singapore):
The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovered and closed at 2,752 points almost at same levels as last week.

The cape , panamax and supramax index was down by about 7 pct and closed at 4,708 , 2,391 and 1,709 respectively. The handysize index was almost steady and closed at 829 points. The average charter rates on closing of this week was at Cape / US$ 47,719 , Panamax / US$ 19,213, Supramax / US$ 17,875 and Handysize / US$ 12,010.

As we had mentioned earlier the BDI resistence levels seems to be around 2,500 points and seems next week the BDI will move up again by 10/15 pct and would be around 3,000 points .

The china's uncertainty of iron ore and coal imports seems to be the main reason of the week shipping market and is expected to be volatile for some time. The charter rates for supramax opening Far East was at around US$ 14,000 pday , however spot vessels for short voyages were reported fixed at lower levels. The Supramax rates from India to China was at around US$  21,000/22,000 per day.

This week both these routes are expected to be firming up.

According to Capt. Reddy, MD of Vistaar Shipping, one year charter rates for Supramax was at around US$ 17,000 per day and short period rates for vessels opening Far East.SE Asia was around US$ 17,000-18,000 per day. He further said, Two / Three year charter rates is around US$ 15000-16000 per day.

The congestion in Australia seems to be easing off slightly with about 94 coal vessels waiting EC Australia and 22 iron ore vessels waiting WC Australia.  The congestion in EC India Paradip and Visakhapatnam continues to be high with almost about 12/14 days waiting and this is expected to continue for some more time.

The crude prices was fairly firm during the week with brent crude , however on 14th Aug closed a bit lower at around US$ 70.70 per barrel.  However the bunker prices for IFO(380 cst) prices ex Singapore continued to be firm at around IFO(380cst)/usd 445 pmt.

Click here for Vistaar'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

Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
  Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure The News Pakistan reported that, The Thar Coal a ...


Monday, 24 August 09
10 LAKH (1 MILLION) TONNE COAL BURNT IN KPT
Times of India reported that, In an unusual phenomenon, 10 lakh tonne coal cache stored at a plot in Kandla Port Trust was reduced to ashes after it ...


Monday, 24 August 09
LANCO IN TALKS FOR INDONESIAN COAL MINE
Economic Times of India reported that, Infrastructure company Lanco Infratech is in advanced talks with Indonesian engineering, procurement and cons ...


Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. ...


Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fre ...


   1295 1296 1297 1298 1299   
Showing 6481 to 6485 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 ...

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