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, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY


COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been forced to fix at low numbers. The trend may continue at least until next week till the Chinese New year holidays are over.

BDI INDEX
The BDI dropped by 144 points by 5 pct and closed at 2,571 points. The cape index dropped by 215 points by 6 pct and closed at 3,259 points. The Panamax dropped only by about 4 pct this week compared to 8 pct last week and was down by 113 points and closed at 3,141 points. The Supramax index dropped by 108 points by 5 pct and closed at 2,048 points.

The handy size index dropped by 18 points by about 2 pct and closed at 1,038 points.

CHARTER HIRE
The average charter hire was at Cape US$ 29,649 per day, Panamax US$ 21.,412 per day, Supramax US$ 21,112 per day and Handy size US$ 15,169 per day.

“Short period rates for Supramax was around US$ 21,000 – 22,000 per day for vessels opening Far East / SE Asia” - Vistaar Shipping

The Supramax index in the Far East (S6 route) continued to softened and was down by US$ 1,572 per day and closed at US$ 14,998 per day. Next week also would continue to be soft because of Chinese new year holidays . The ECI/China (S7) route was almost at same levels with a drop of only US$ 528 per day and closed slightly lower at US$ 25,335 per day mainly.

Short period rates for Supramax was around US$ 21/22000 per day for vessels opening Far East/SE Asia. Supramax charter rates for one year is around US$ 19000 per day.

THREE YEARS FUTURE
The futures for three years (2010-2012) remained unchanged and was at around Cape US$  28,000 per day, Panamax US$ 18,500 per day, Supramax US$  15,500 per day, Handy size US$  12,500 per day.

PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be high at 148 vessels (last week 148 vessels), which is highest in 3 yrs. The congestion increased due to bad weather. The number of vessels waiting at DBCT and Newcastle was around 60 vessels. The  waiting at DBCT was around 30 days , Hay point and Gladstone 10-12 days and Newcastle about 16 days. On the WC Australia  iron ore vessels waiting was same as last week at 22 vessels (last week 25 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.

CRUDE
The crude prices firmed up this week and the Brent crude prices was at US$ 72.90 per barrel (last week US$ 70.23 per barrel). The  prices of bunkers also was up at US$456 pmts (IFO 380 cst ex Singapore) on 12th Feb 2010.

FREIGHT FORECAST
Click here for Vistaar’s forecasted (subject to terms & conditions) spot freight rates for coal & Iron-ore cargo for specific routes(cs)



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

Recent News

Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...


Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...


Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...


Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax. However it was interesting to ...


Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...


   1192 1193 1194 1195 1196   
Showing 5966 to 5970 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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