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, 07 November 16
HANDYSIZE: THE ASIAN INDICES RECORDED A GRADUAL DROP EVERY DAY - THE BALTIC BRIEFING
Capesize
A rumour-fuelled market this week but essentially rates a touch firmer and owners cautiously optimistic. The flotilla of vessels heading to Brazil appeared to have thinned and some higher rates emerging as the week closed out. After failing at $10.75 for a November and a December cargo from Tubarao to Qingdao, Panocean booked tonnage for 20-30 November at $11.25.

BTG fixed a 10-20 December 160,000 tonne 10% cargo from Itaguai to Qingdao at $11.55. A well-described 179,000 tonner fixed from Flushing via Baltimore to India at $18,000 daily. Transatlantic trading was limited with rates for Puerto Bolivar to Rotterdam hovering around the mid $6.00s.

In the East, West Australia/China rates slipped under $5.00 at the beginning of the week and then recovered as the week closed out to $5.50. Time charter trading was slow although there were ships here booked for Brazil rounds with a 10 year old 171,000 tonner fixed from CJK at $10,500 daily.

Period activity included a report that a 175,000 tonner 2011 built fixed for CJK delivery for 12 months trading at $8,000 daily or the low $8,000s.

Panamax
It was a cautious end to the week with the slowdown in activity impacting on the Atlantic market generally. Rates slipped with news that a major grain house secured a 2010 built kamsarmax from the US Gulf for 14-15 November dates for the run east at $10,900 daily plus a $285,000 bonus. Further north, tonnage remained tight but there were fewer short haul cargoes, but there remained transatlantic interest from the US/Canadian east coast. An 83,000 tonner spot Amsterdam was rumoured fixed with redelivery Gibraltar with grain at $11,000 daily.

In the East, rates topped out and slipped as the week closed out. Demand was healthy but the tonnage list continued to grow as more arrived from the US and east coast South America with grain cargoes. Owners were increasingly wanting period cover for the rest of the year and the uncertain first quarter. Round voyage rates for average panamaxes slipped under $7,000 daily but the more eco kamsarmaxes saw $8,000 daily for NoPac rounds, but one booked at that rate has since failed. Period rates for kamsarmaxes for the longer duration up to 11 months or so were hovering around $7,000 daily.

Supramax
A well-attended Eisbein festival this week resulted in a slow end. Period information was hard to find but a Tess 52 was fixed on subjects basis delivery Persian Gulf for two to four months at $6,750 daily while the same size open in South Korea was said to have accepted $6,250 for short period with a few other negotiations on going.

A 63,000 dwt was linked to a Setubal to West Africa run at $11,500 daily and a 53,000 toner fixed delivery Gibraltar via Spain to West Africa at $13,000 daily.

The CMB Coralie 53,463 dwt concluded a trip delivery El Dekheila to Bangladesh with grains at $10,750 daily.

This week the US Gulf to Skaw-Passero took over the front haul rates. One ultramax of 63,233 dwt fixed at $14,100 daily delivery US Gulf for a trip redelivery SE Asia while a 58,000 tonner secured $15,000 daily with a petcoke cargo to Skaw-Passero.

Brokers reported a 56,000 dwt built 2006 was covered delivery Recalada for a trip to the Persian Gulf at $10,000 daily plus a $100,000 ballast bonus. A transatlantic trip into the Baltic from the River Plate was fixed at $8,750 daily with a 55,442 dwt vessel.

Asia reported a number of fixtures but all tending to be less than last done. The Bao Resource 2011 built 56,582 dwt fixed delivery CJK trip redelivery Yangon at $5,500 daily. There was talk of 53,000 tonners fixing from South Kalimantan to Thailand at $6,700 daily and to China at $6,250 plus a bonus of $15,000.

The Santa Virginia 2014 built 61,271 dwt open Chittagong fixed $5,000 dop for a trip via east coast India to China. Sources revealed today a 60,000 dwt vessel was on subjects delivery Prai for an Australian round voyage at about $6,300 daily. Back haul was paying $4,000 daily with a Tess 58 agreeing this basis delivery CJK for a trip via Japan to West Africa. Other smaller vessels were reported as achieving about $3,500 daily for similar business.

Handysize
The Asian indices recorded a gradual drop every day this week and brokers said ships have started to build up. The US Gulf sector has fared the best with rates improving, probably on the back of the increased volume for the supramax sizes. After its recent success there has been a drop this week for deliveries east coast South America.

The Continent to Mediterranean run continued to pay rates around the mid $7,000s. The Crimson Majesty 2013 built 38,058 dwt was linked to a trip the East at about $11,000 daily with delivery Continent. A vessel fixed this week from the Black Sea to the US Gulf this week around $7,500 daily. Sources advised the KBS Star 2007 built 30,548 dwt fixed delivery Nemrut Bay for a trip via the Black Sea to the Adriatic at $8,250 daily. It was revealed that a 33,000 tonner was fixed delivery US Gulf for a trip to Continent at $8,000 daily with handysizes US Gulf to west coast Central America now seeing at least $12,500 daily. The Interlink Fidelity 38,800 dwt 2015-built concluded a trip delivery Houston to Morocco at $8,500 daily with Cargill. Unconfirmed reports emerged of a 34,000 dwt booked delivery Houston trip to South Africa at $9,000 daily.

In Asia brokers advised the Daiwan Brave 2014 built 34,358 dwt secured $6,300 daily basis delivery Fangcheng prompt dates for a trip via New Zealand with redelivery China.
Source: The Baltic Briefing


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

Recent News

Monday, 07 November 16
INDONESIAN COAL PRICE REFERENCE ROSE 59.57 PER CENT YEAR TO MONTH
COALspot.com: The Indonesia coal benchmark price hits to its highest level since May 2013. The government declared benchmark prices for Indo ...


Monday, 07 November 16
THE SUPRAMAX CHARTER RATES FOR INDONESIA TO INDIA WERE RATING AT AROUND $7500-8000 A DAY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose slightly and ending in a positive note this past wee ...


Friday, 04 November 16
U.S COAL PRODUCTION UP WEEK OVER WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tons ...


Friday, 04 November 16
INDONESIAN INFRASTRUCTURE DEVELOPMENT TRENDS ARE UNANIMOUSLY AFFIRMED
Press Release: October 20-21, 2016 Indonesia Infrastructure Summit (IIC) opened at the Hyatt Hotel in Jakarta The theme of the meeting was "Pr ...


Thursday, 03 November 16
THE INDEX BASED COAL SALES & PURCHASE STRATEGY MAKES MORE EFFICIENT, SAYS 55.17% END-USERS
Considering the current coal market condition, the Index based coal sales & purchase strategy make more efficient was deemed the winner by 57.0 ...


   444 445 446 447 448   
Showing 2226 to 2230 news of total 6871
News by Category
Popular News
 
Total Members : 28,627
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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