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

Tuesday, 11 August 09
ZAMBIAN COAL BUYERS CONTINUE IMPORTING COAL FROM ZIMBABWE
Lusaka Times reported that, Coal mining companies have bemoaned the lack of market for their produce as prospective buyers continue importing the co ...


Monday, 10 August 09
NOMINAL HIKE IN COAL PRICES SOON - MEDIA
The hindu business reported that, a marginal hike in coal prices is in the offing. "I will be soon approaching the Prime Minister on the matter ...


Monday, 10 August 09
MANGALAM CEMENT PLACES ORDER FOR CAPTIVE POWER PLANT
Steel Guru reported that, Mangalam Cement Ltd has announced that the company on August 6th 2009 finalized order for Captive Thermal Power Plant of 1 ...


Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES
VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same p ...


Monday, 10 August 09
S.KOREA KOSPO ISSUES SPOT, TERM COAL TENDERS
Korea Southern Power Co Ltd (KOSPO) is seeking 1.5 million tonnes of steam coal per year for delivery from October 2009 through September 2012 via a ...


   1302 1303 1304 1305 1306   
Showing 6516 to 6520 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 ...

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