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, 20 February 10
THE FREIGHT MARKET CONTINUED TO BE SOFT THIS WEEK - CAPT. REDDY


COALspot.com: The freight market continued to be soft this week as still affect of Chinese new year holidays continue. However the index overall had gone up and the charter rates was up. Spot Supramax vessel opening far east were seen getting around  US$  14,000 per day and for short period around US$ 22,000 per day.

Handy size vessels in the far east were seen fixed around US$ 10/11000 per day. The cargoes out of Indonesia were very few and congestion was seen at most of the Indonesian ports. Even in Australia the loading has been affected due to bad weather.

Baltic dry index changes (As of 19 Feb 2010).

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
2714
2571
143 ↑
5.56
Baltic Cape Index
3517
3259
258 ↑
7.92
Baltic Panamax Index
3179
3028
151 ↑
4.98
Baltic Supra Index
2077
2048
 29 ↑
1.42
Baltic Handy size Index
1055
1038
17 ↑
1.64


The average charter hire was at Cape US$  32,918 per day, Panamax US$  25,579 per day, Supramax US$  21,720 per day and Handy size US$  15,441 per day.

The Supramax index in the far east (S6 route) firmed up slightly and was up by US$ 882 per day and closed at  US$ 15,880 per day. Next week expected to go up further.

The ECI/China (S7) route moved up sharply and closed at  US$ 26,950 per day. Ships from WC India to china were seen being fixed at healthy levels at around US$ 35,000 per day. 

Supramax charter rates for one year is around US$ 19,000 per day.

THREE YEARS FUTURE
The futures for three years (2010-2012) remained unchanged and was at around Cape US$  29,000 per day, Panamax US$ 19,000 per day, Supramax US$  16,000 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 143 vessels (last week 148 vessels). The congestion increased due to bad weather and some shippers declaring force majeure. 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 24 vessels (last week 22 vessels). The waiting at Indian ports for coal vessels was quite normal around 3/4 days.

CRUDE OIL
The crude prices firmed up this week and the Brent crude prices was up by almost US$ 6 per barrel and closed at US$ 78.37 per barrel (last week US$ 72.90 per barrel). The  prices of bunkers also was up at US$ 450 pmts (IFO 380 CST ex Singapore) on 19th Feb 2010.

FREIGHT FORECAST
CLICK HERE for Vistaar’s forecasted (Terms & Conditions Apply) spot freight rates for coal & Iron-ore cargo for specific routes(cs)
VISTAAR SHIPPING, SINGAPORE



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

Recent News

Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...


Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...


Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...


Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...


Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy Activity continues to be solid in the Atlantic. Supramax  physical  market is strong which pushed the BSI to a 17 month high at ...


   1185 1186 1187 1188 1189   
Showing 5931 to 5935 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 ...

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