COALspot.com keeps you connected across the coal world
  • THE MEoMR OF INDONESIA HAS REVISED DOWN DECEMBER 2018 COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS TO US$ 92.51 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM

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

Tuesday, 20 November 18
FREIGHT RATES IN THE CRUDE OIL MARKET HAVE ALREADY PICKED UP OVER THE PAST COUPLE OF WEEKS - YIANNIS VAMVAKAS
Current geopolitical developments between Iran and the US, which have led the latter to re-impose its sanctions, have significantly affected oil pr ...


Tuesday, 20 November 18
GOLDEN ENERGY AND RESOURCES LEADS A$249M BID FOR AUSTRALIA-LISTED STANMORE COAL - THE STRAITS TIMES
Singapore-listed Golden Energy and Resources (GEAR) is leading deals worth up to A$249 million (S$250 million) to acquire Australia-listed Stanmore ...


Monday, 19 November 18
INDONESIA'S LEADING EIGHT COAL MINER'S COAL MINING CONTRACTS ARE EXPECTED TO EXPIRE BETWEEN YEAR 2019 - 2025
The Ministry of Energy and Mineral Resources (ESDM) said, eight Coal Contract of Works (CCoW) will expected to expire between 2019 to 2026, Liputan ...


Monday, 19 November 18
SUPRAMAX: THE BSI CONTINUED TO FALL LAST WEEK, ESPECIALLY THE ASIAN ROUTES - BALTIC BRIEFING
Capesize After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predict ...


Sunday, 18 November 18
COAL STOCKS IN A THIRD OF NTPC PLANTS CLOSE TO NIL - FINANCIAL EXPRESS
Coal supply shortage continues to haunt NTPC, the country’s largest power generator, with latest government data showing 31% of the company&r ...


   3 4 5 6 7   
Showing 21 to 25 news of total 5332
News by Category
Popular News
 
Total Members : 25,664
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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