ENERGY OF ASIA - ASIAN GAME 2018
  • THE MEoMR OF INDONESIA HAS REVISED UP JULY 2018 COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS TO US$ 104.65 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 21 February 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
Intermodal2017 proved to be a relatively good year with positive margins for the Dry Bulk market. Especially during the last quarter of the year everyone can admit that it met expectations and we could arguably state that exceeded them. In the middle of December and just before the Christmas holidays, the BDI reached 1,700 points. The index hadn’t reached that specific number since January 2014, almost 4 full years. However, having entered 2018 and being halfway through the first quarter, we are witnessing an expected correction in the index. Like every year during Christmas and up to the peak of the Chinese Lunar New Year at the end of February, the Dry Bulk market is experiencing a decline which has been smaller in some years and larger in others. From the 12th December 2017 where the market reached its peak of 1,743 points the index started to decline. Currently the BDI remains in excess of 1.110 points and despite the correction in the index, which translates to around a 37% decrease, we observe a certain resilience, keeping it above 1,000 points.

Concerning the values for Bulk carriers we can argue that they are also resisting  a decrease. Prices have remained stable on January and February, after the increase on the values during the last quarter of 2017. On the SnP segment, the increased values of the last quarter do not appear to be affected from the decreased TC rates, a fact which has proven the high expectations of ship-owners to be accurate.  Buying interest for modern Japanese vessels remains firm across all sizes, with the supply of vessels currently being almost zero. The only modern five year old vessel which was sold in the middle of February was the “SOUTH TRADER” (180,200dwt-blt ‘13, Japan) which was sold to Singaporean buyers, for a price in the region of $36.5m.Two sales were reported for vessels which are around 10 years old. Handysizes “STAR LILY” (33,248dwt-blt ‘08, Japan) and “KUMANO LILY” (32,292dwt-blt ‘09, Japan) where sold en bloc to Hong Kong based buyers, for a price in the region of $10.3m and $11.2m respectively. On the other hand, buyers showing preference for Chinese vessels, proved to be relatively active, as we have had 17 SnP transactions comprising of 5 Handies, 5 Supras, 1 Ultra, 1 Kmax and 2 Post-Panamaxes.

The general feeling and the psychology shows to be positive and that is evident not only from SnP activity but also from the charterers side who, despite the decrease on T/C rates, have exhibited strong interest in T/C periods. Therefore, expectations from both sides coincide, both being optimistic. Lets see how positive the following months are going to be, and lets look forward for a strong 2018.

By Konstantinos Kontomichis
SnP Broker

Compiled by:
Intermodal Research & Valuations

Analysts:
Ms Eva Tzima

Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.

The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.


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

Recent News

Thursday, 19 July 18
VINACOMIN PRODUCES OVER 20 MLN TONNES OF RAW COAL FROM YEAR'S START - VNA
The Vietnam National Coal and Mineral Industries Group (Vinacomin) has produced over 20 million tonnes of raw coal and 19.3 million of clean coal f ...


Wednesday, 18 July 18
INDONESIA TO AUCTION 16 MINING SITES - JP
Indonesia will soon auction 16 mining sites as no proposal submissions have been submitted by state-owned enterprises (BUMN) and regional administr ...


Wednesday, 18 July 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
The new regulations for Chinese flag restricting import of Tier I ships have dominated market sentiment during the past days as buyers have been tr ...


Thursday, 12 July 18
SUPRAMAX: INDO/CHINA COAL RV IS BEING FIXED AROUND USD 10500 BSS SINGAPORE - FEARNLEYS
Capesize Cape market continue to be extremely volatile says Fearnleys in its latst weekly report. The further noted that, last week ended wi ...


Tuesday, 10 July 18
SHIPPING MARKET ANALYSIS - GEORGE LAZARIDIS
The trade dispute saga continued over the past week, as new tariffs were put into force on Friday in both the U.S. and China and have already taken ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5202
News by Category
Popular News
 
Total Members : 25,233
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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