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

Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...


Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...


Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy The  BSI  regained  positive  momentum  exactly  a  week  ago  and  the  Atlantic rema ...


Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...


Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...


   1193 1194 1195 1196 1197   
Showing 5971 to 5975 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 ...

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