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, 08 March 20
SUPRAMAX: A 55,000DWT VESSEL FIXING DELIVERY FROM EAST KALIMANTAN FOR A TRIP TO VIETNAM AT $9,100 - BALTIC BRIEFING
Baltic BriefingSUPRAMAX/ULTRAMAX - A 56,000DWT VESSEL FIXED DELIVERY SOUTH CHINA TRIP VIA INDONESIA, REDELIVERY EAST COAST INDIA, IN THE $6,000S
SUPRAMAX/ULTRAMAX - A 55,000DWT VESSEL FIXING DELIVERY FROM EAST KALIMANTAN FOR A TRIP TO VIETNAM AT $9,100
SUPRAMAX/ULTRAMAX - A 55,000DWT SHIP FIXING DELIVERY SOUTH AFRICA TRIP, REDELIVERY EAST COAST INDIA, AT $11,750 PLUS $175,000 BALLAST BONUS

Capesize
Little changed for the Capesize market over this past week as fixing levels continue to provide meagre earnings for owners across all routes. Vessel demand continues to be grim and this has led many to sit idle in strategic locations, awaiting direction. Bunker prices have continued to soften yet this has only led to new lows on voyage rates. The North Atlantic Basin has shown signs of tightening, as the Puerto Bolivar to Rotterdam C7 ticked up from $6.03 to close the week at $6.35. Although this is thought to be largely sentiment, as fixing volumes remained low. The Brazil to China C3 was one-way traffic this week, with the route taking a particularly heavy blow on Friday, closing out down -0.48 to settle at $11.845. Ballaster vessels are finding themselves being caught directionless in an ocean wilderness and left as easy pickings. The West Australia to China C5 was stable this week, with most majors taking tonnage. It closed out the week down -.264, to settle at $4.936. The Capesize 5TC market closed out the week at $2,542. Capes continue into the new week with little hope of change, alongside the current headwinds on the bow from the global markets.
 
Panamax
The week began slowly as usual, before activity peaked. Midweek, healthy fixture volume was seen in the Atlantic. With both fronthaul and Transatlantic mineral activity on the rise, firmer bids were observed. Bids are now available for basis delivery this side, with a 2012-built 82,000dwt vessel agreeing $20,000 for a trip via the Baltic to India, with coal. Support was seen from Transatlantic grains too, but something of a two-tiered market existed. South American business was ably served by ballasters who were willing to operate on cheaper numbers. South America activity dipped briefly, but steady cargo flow for March and April saw rates steady. The highlight was a 2019-built, 82,000dwt ship, fixing $15,000 plus $500,000 ballast bonus. In Asia, despite less visibility of fixture rates, sentiment improved on the week against a backdrop of healthy enquiry. In the East Coast South America market, an 82,000dwt ship achieved $9,000 for an Australian round. Similar sized tonnage agreed $6,250 for an Indonesian round trip.
 
Supramax/Ultramax
A bullish week again with better rates being seen across most areas. Period enquiry remained active. A 58,000dwt vessel open Vietnam fixing five to seven months, trading at $7,000 for the first 30 days and $10,000 thereafter. The Atlantic made gains, especially from East Coast South America. Demand was seen for Supramax vessels to Algeria, with a 58,000dwt ship seeing $14,000s level for the Transatlantic runs. For trips to the Far East, Ultramaxes were covering in the $14,000s plus $400,000 ballast bonus. Good cargo enquiry came from the Continent, which saw a tightening of tonnage. Better levels also appeared from Asia, with a 55,000dwt vessel fixing delivery from East Kalimantan for a trip to Vietnam at $9,100. A 56,000dwt vessel fixed delivery South China trip via Indonesia, redelivery East Coast India, in the $6,000s. It was a steady week from the Indian Ocean, with a 55,000dwt ship fixing delivery South Africa trip, redelivery East Coast India, at $11,750 plus $175,000 ballast bonus.
 
Handysize
Rates largely improved in the Atlantic Basin this week, which gave strong support to the improvement of the overall index. There were more talks of higher levels being traded in the Continent, compared with last done. In the US Gulf a similarly positive trend maintained, with a number of short period inquires discussed. On timecharter trip front, a 34,000dwt ship was fixed from Southwest Passero, for moving grain to West Coast Central America, at $15,000. Meanwhile, the market continued climbing despite more tonnage generally appearing in East Coast South America. Mid-sized Handysize vessels were fixed from Santos to Morocco, at a rate in the mid $9,000s. There were similar rates for a grain trip from Fazendinha to the Mediterranean. In the Pacific, Australia coastal trips were reported on a 28,000dwt vessel, fixing at $5,300 along the West Coast, basis Cigarding delivery. $2,000 was reported on a 38,000dwt ship for a run from the West Coast to the East Coast.
Source: The Baltic Briefing


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

Recent News

Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand  Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...


Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...


Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...


Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...


Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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