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, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY


COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 17.76 pct.

BDI
The Supramax and Handy size index was up by about 8 pct and 9 pct respectively. The effect of Chinese back from holidays was seen this week. However it was noticed that the Supramax and Handymax were struggling to find cargoes and ships were fixed at around US$ 16,000 per day for trip via Indonesia to India.

Quite a few period activity was reported on the cape and Panamax vessels.

BDI (Baltic dry index changes (As of 5 March 2010))

BALTIC DRY INDEX CHANGE
 
This week
Last week
Change
Change %
Baltic Dry Index
3242
2738
504
18.40
Baltic Cape Index
3923
3174
749 ↑
23.60
Baltic Panamax Index
4003
3399
604
17.76
Baltic Supra Index
2472
2288
184
8.04
Baltic Handy size Index
1258
1153
105
9.10



The average charter hire was at Cape US$ 37,804 per day, Panamax US$ 32,199 per day, Supramax US$ 25,844 per day and Handy size US$ 18,426 per day.

The supramax index in the Fareast (S6 route) was firm and was by US$ 2,580 per day (up by 13.20 pct) and closed at US$ 22,120 per day. The ECI/China (S7) route continued to remain firm and was up by US$  2,958 per day (up by 6.10 pct) and closed at US$ 35,677 per day. Ships from WC India to china were seen being fixed at healthy levels at around US$ 38/40,000 per day. 

Supramax charter rates for one year is around US$  19,000/20,000 per day.

THREE YEARS FUTURE
The futures for three years (2010-2012) was at around Cape US$ 30,000 per day, Panamax US$ 21,500 per day, Supramax US$ 18,500 per day, Handy size US$ 14,000 per day.

There is no indication of slowing sown of iron and coal imports by China and market expected to remain firm next week.

PORT CONGESTION
The congestion at Australian ports in the EC for coal loading continued to be on the rise at 151 vessels (last week 150 vessels). The weather seems to be improving , however the affect of bad weather previously continues. The number of vessels waiting at DBCT and Newcastle was around 60 vessels. The  waiting at DBCT was around 30 days , Hay point - abt 10 days and Gladstone about 12-16 days and Newcastle about 16 days. On the WC Australia  iron ore vessels waiting was at at 20 vessels (last week 23 vessels).

The waiting at Indian ports for coal vessels was quite normal around 3/4 days , except for Paradip and Haldia which are congested. Waiting at Paradip is about 7/8 days. The Indonesian anchorages loading also have been experiencing heavy delays due to logistics and several ships have been waiting for quite long.

CRUDE OIL
The crude prices was firm and the Brent crude prices closed at US$ 80.11 per barrel (last week US$ 77.65 per barrel). The  prices of bunkers also was up at US$ 462 pmts (IFO 380 CST ex. Singapore) on 5th March 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

Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...


Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...


Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...


Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India  invited from reputed parties meeting the pre qualifications stipulated for the import ...


Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...


   1160 1161 1162 1163 1164   
Showing 5806 to 5810 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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