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
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 remains  firm.

Supramaxes  open  in  USG  are  now  achieving  mid  40´s  to  the Far East  (up  4K  from  last  week),  USD  12500  from  Cont  to  USG.  T/A  rounds remain  in  mid  20´s.  Handymax  tonnage  ex  Bsea  achieving  mid  30´s front haul,  Supras  low/mid  40´s.  Short  period  activity  up.  The  outlook  is continued  firm  conditions.  The  FEast  market  is  picking  up  again  during  the last  week,  the  rates  are  improving  for  all  directions.

For  Pacific  rounds Supras  trading  around  20K  and  for  Indo/India  coal  trips  Supras  can  achieve around  mid  10´s.  The  period  market  was  quite  active,  for  short  period Supras  were  fixed  in  the  mid  20´s. 

The  Indian  market  is  still  increasing  and is  nearly  back  to  the  top  level  of  this  year.  For  iron  ore  trips  from  WCI  to China  Supras  were  fixed  in  the  very  high  30´s  -  owners  try  to  achieve  40+Supras  open  ECI  trading  in  the  high  20´s/low  30´s.  For  Richards  Bay  round back  to  MEG/India  Supras  trading  in  the  mid  20´s.
 

“Indonesia / India coal trips Supramaxes can achieve around mid 10´s and Richards Bay round back to MEG / India trading in the mid 20´s”
 

Panamax
The  Panamax  market  has  been  a  bit  vague  and  only  gradually  come  back  to life  after  the  Chinese  holidays  with  mixed  rates  especially  in  the  Far  East hovering  around  the  USD  25000  level  per  day.  The  Atlantic  basin  seems  to push  up  on  spot  levels  with  some  fresh  requirements  and  owners  holding back  for  fixing  in  the  upper  20000  range  for  straight  T/A  rounds Confidence  seems  to  be  still  there  for  the  medium  forward  market  with short  period  rates  above  the  spot  market.  4-6  or  5-7  months  are  fixed  at,  even  above,  USD  35000/day  in  the  Atlantic  and  27500  in  the  Far  East.  At the  same  time  FFA  market  has  been  sliding  on  low  volumes  throughout  the week  in  search  for  stronger  directional  signals  from  the  physical  market  to improve  the  overall  sentiment.


Cape size
With  surprisingly  good  level  of  activity  during  the  Chinese  Holidays,  by  the end  of  last  week  people  were  getting  more  and  more  optimistic  in  terms  increasing  rates  immediately  after  the  holiday.  However,  last  Thursday  some Far  eastern  owners  accepted  close  to  a  dollar  lower  than  last  done  on  the Australia  round  voyage,  clearly  resulting  in  charters  holding  the  upper  hand Charters  have  managed  to  utilize  this  situation  fully,  and  Australia  round voyage  is  presently  at  low  9s.  Front haul  rates  have  been  reduced  to somewhere  between  25  and  26  pmt  and  backhaul  is  presently  below  USD  11 pmt.

However  at  the  time  of  writing,  chrtrs  in  the  east  have  been  extremely active  in  fixing  a  big  number  of  ships,  close  to  10  on  a  day  for  the  Australia round  voyage,  which  could  be  a  sign  of  having  reached  the  bottom  for  this time.
SOURCE: FEARNLEYS AS



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
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 ...


Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...


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

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