COALspot.com keeps you connected across the coal world
  • AUGUST 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 72.67 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, 01 August 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
IntermodalThe dry bulk market activity over the past four weeks has remained stable when compared to the previous months. There are concerns with regards to the dry bulk rates, which were stable and sometimes softening along with a considerable decrease of the volume on SnP transactions.  
 
The Handy market was soft and there were no positive signs, due to the fact that asset prices were at low levels until the Easter holidays. Following Easter, we saw that values started to increase from that time until Posidonia with aggressive buyers being firm to purchase vessels. When the “ex-CIELO DI TOKYO” (37,296 dwt-blt ’08, Japan) was sold in May a correction on prices followed. Hence, as is normal, this changed the position of buyers from firm to one of monitoring and waiting on how the market will perform.
 
Regarding Supras, there are still the usual suspects who noticeably purchased vessels during the past year and remain firm to continue purchasing. The values of the previous months, until the sale of the “FORTUNE UNITY” (53,472 dwt-blt ‘06, Japan), which was sold for $10.5m were stable in the aforementioned levels and had a downward trend for Japanese tonnage.  However, last week we saw the vessel of Doun Kissen “NAVIOS ARMONIA” (55,522 dwt-blt ’08, Japan), being committed for $14.2m.
 
On the other hand, Chinese Supras with the price difference from Japanese Supras (around 30%) attracted Supra buyers and the last three weeks there has been strong interest from Chinese buyers who are interested in Tier II Supras for import.
 
With the recently introduced regulations in regards to the Chinese flag, the SnP market has a mixed picture of the past 4 weeks, and the consequent change of plans for sellers that own a vessel built between 2001-2003 and as well as for Chinese buyers who are now focusing on Tier II vessels. 
 
As far as Panamaxes and Kamsarmaxes, we can spot limited interest in regards to modern vessels as well as in vessels being built between 2005–2007, despite there being numerous vessels for sale. For Chinese Kasmarmaxes, we witnessed big competition for the Toisa Kamsarmaxes, because of the attractive discount, which made even owners that were focusing on Japanese tonnage to reconsider and to take the chance of purchasing a cheap Chinese Kamsarmax.
 
Lastly, it is interesting to take a look at the tanker market, as despite an absence of strong competition, some interesting deals took place lately. We saw a VLCC with Japanese flag built ’04 being sold for $22.0m., an Aframax built ’08 being sold for $19.5m and during the last weeks there is a lot of interest in MRs with the majority of the buyers being Greek.
 
The stable asset prices together with the increase on wet tonnage will most probably lead to interesting opportunities into second-hand tonnage.
By Giannis Andritsopoulos
SnP Broker

Compiled by:
Intermodal Research & Valuations

Analysts:
Ms Eva Tzima

George Panagopoulos

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 August 19
NORDEN HAS BEEN AWARDED A 3-YEAR CONTRACT FOR THE TRANSPORTATION OF COAL FROM INDONESIA TO HONG KONG
NORDEN has been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.   ...


Tuesday, 20 August 19
THE AUGUST 2019 INDONESIAN COAL PRICE REFERENCE POSTS THE FIRST MONTHLY GAIN SINCE AUGUST 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...


Monday, 19 August 19
INDONESIAN COAL RUNS, A 82,000DWT SHIP WAS FIXED DELIVERY CHINA VIA INDONESIA, REDELIVERY JAPAN, IN THE MID $16,000S - BALTIC BRIEFING
Capesize The Capesize market was buoyant in both basins this week, posting gains across the board. After bottoming out the previous week, rates ...


Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
Capesize With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. ...


Tuesday, 06 August 19
SHIPPING MARKET INSIGHT - INTERMODAL
On the 12th of May four tankers were attacked near the coast of Fujairah.  The tankers hit were waiving international flags such as that of No ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5523
News by Category
Popular News
 
Total Members : 26,420
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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