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

Wednesday, 12 August 09
COAL INDIA TO IMPORT 4 MLN T 2009/10 - MEDIA
State-run Coal India Ltd plans to directly import 4 million tonnes of coal in the current fiscal year to March 2010, Chairman Partha Bhattacharyya s ...


Wednesday, 12 August 09
CHINA'S LARGEST COAL PRODUCER TO SET UP COAL RESERVES
China's National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation's largest coal producer, to build 10 stor ...


Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in In ...


Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal fo ...


Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting ...


   1301 1302 1303 1304 1305   
Showing 6511 to 6515 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 ...

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