COALspot.com keeps you connected across the coal world
  • MAY 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 61.11 A TON

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, 18 July 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
IntermodalThe new regulations for Chinese flag restricting import of Tier I ships have dominated market sentiment during the past days as buyers have been trying to secure vessels with very prompt delivery (by end of July). 
 
We have seen a number of reported deals not going through in the end due to buyers’ uncertainty in regards to whether it is feasible to register the vessels within time. Indeed, as we get closer to the effective date of September 1st and the deadline becomes tighter, it appears unlikely to see more activity coming from this type of buyers. These developments have had an impact in the second hand S&P market as ocean going buyers are taking a stand still to monitor the impact in vessels’ values. 
 
Nonetheless, there are still buyers willing to invest in modern vessels where the Chinese have not been active. Most interest is drawn into the Supramax-Ultramax sectors where we have been seeing the majority of the activity. 
 
Most notably, Greek owners are reported to be the ones buying the freshly drydocked “NAVIOS ARMONIA” (55,522dwt-blt ’08 Kawasaki) at levels in excess of USD 14 million, which shows some robustness in asset values. Additionally, USA buyers are reported to have bought the Dolphin 64 “BAO TONG” (63,800dwt-blt ’14 Chengxi) at USD 21.3 million, a price pretty much in line with recent activity in the sector.
 
The situation on the tanker side is still somewhat different from the dry sector. Rates remain close to historically low levels in some cases, with the effect on asset values being evident. Buyers are seizing the opportunity to buy modern ships at the current lows with a view to benefit from any freight rate increase in the future that will also give a boost to prices as a result. 
 
Iraqi buyers AISSOT are reported to be paying USD 88 million for each of the BW’s 2018 Samsung VLCC resales with hull numbers 2229 & 2230. The Japanese controlled VLCC “BRIGHT HARMONY” (309,774dwt-blt ’09 Imabari) is understood to have been sold at USD 41.5 million to Greek buyers.
 
As we are getting closer to the peak of the summer season and in view of the above developments, it will be interesting to see how buyers will react. In the dry bulk sector the different indices seem to be stabilizing and slowly gaining momentum as we are seeing more and more grain exports coming out of Brazil as a result of the trade war between USA and China. USA grain prices are at the same time falling day by day as the largest importer China - up till now at least - has not been buying, prompting others to seize this opportunity. 
 
As far as tankers are concerned, despite the fact that rates remain flat for now, we expect any modern tonnage coming for sale to get sold without too much difficulty as a number of buyers seem keen to invest in today’s low values.

By Vasilis Moiris
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

Friday, 05 June 20
COAL INDIA ESTIMATES PRODUCTION GROWTH BY OVERBURDEN REMOVAL - FINANCIAL EXPRESS
PSU miner Coal India (CIL) has now limited mining only to Overburden Removal (OBR) with falling demand of coal. The mining behemoth is now keeping ...


Friday, 05 June 20
U.S. SANCTIONS COMPLIANCE GUIDANCE RELEASED FOR THE GLOBAL MARITIME, ENERGY AND METALS SECTORS - AKIN GUMP
Key Points On May 14, 2020, OFAC, the Department of State and the U.S. Coast Guard jointly released guidance for persons involved in the ma ...


Friday, 05 June 20
IN THE FIRST 5 MONTHS OF 2020 AUSTRALIA SHIPPED 6.8 MLN TONNES TO VIETNAM - BANCHERO COSTA
In  the first 5 months of 2020, global seaborne coal trade declined by as much as -8% year-on-year, according to vessel tracking data from Ref ...


Thursday, 04 June 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


Thursday, 04 June 20
DON'T FORGET THE REAL PURPOSE OF RISK ASSESSMENTS - GARD
KNOWLEDGE TO ELEVATE When doing a risk assessment, we often overcomplicate it and forget its real purpose. Rather than ensuring that crew ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5942
News by Category
Popular News
 
Total Members : 26,920
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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