COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 65.79 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, 24 October 18
MARKET INSIGHT - NASSOS SOULAKIS
IntermodalLooking at 2018 SnP activity, it is evident that Greek, Chinese and North European (German and Norwegian) owners are the top buying nationalities, accounting for 60% and 40% of the dry bulk (>20kdwt) and tanker (>10kdwt) sales including the sale & leaseback deals as well as whole fleet takeovers.
 
Aside those nationalities though, there are also others that do pose particular interest when someone tries  mapping the SnP market as a whole despite the fact that they so far account for a much smaller number of transactions.
 
Starting with Indonesia, interest from local Buyers is expressed in both sectors, with 15 bulkers and 13 tankers ending up in Indonesian hands so far in 2018. On the dry bulk side Indonesian owners have been focusing on Handymax and Supramax candidates up to 56kdwt, while age-wise the range starts from ships built in early 2010 up to 20-year old ships, with the majority built in the early-mid 2000s. On the tanker side, there is interest for all sizes from small Chinese built chemical tankers and j19st-st tankers up to VLCC. Handy and MR candidates built in the early-mid 2000s gather most of the interest. The SnP presence of Waruna is worth mentioning here, given the fact that the specific Indonesian owner is responsible for the big range of deadweight found in tankers ending up in Indonesian hands, having acquired more than half of all such vessels so far.
 
Vietnamese buyers show almost equal interest in tankers and bulkers, while the focus is on Japanese j19st-st tankers and on the dry bulk side almost exclusively on Handysize units built during the late ‘90s and up to 2005.
 
Almost equal activity between the two sectors has been also displayed by UAE based owners, with purchases focusing on Handy-MR units built in the late 90's up to early 2000s on one side, while on the dry bulk side focus is on older Handysize and Panamax vessels. 
 
Turkish and Indian buyers on the other hand show a clear preference in one of the two sectors instead of both. The first have been focusing on late 90's early 2000’s built Handysize bulkers, while Indian owners show a clear preference to early 2000’s MRs, with owner Seven Islands responsible for almost half the deals concluded so far.
 
With the exception of UAE, all of the above markets have bee also witnessing a correction of their respective local currencies against the US dollar.  The drop might be only marginal in the case of Vietnam but the rest of the economies are looking at substantial discounts. Indeed, the Turkish lira has lost almost half of its value compared to a year ago, while the Indian and Indonesian currencies have witnessed a discount of around 10% within the same period. 
 
Therefore, despite the softer buying power most of these nations seem to be witnessing, they still seem to be committed in shipping investments. Their share might be much smaller compared to those nations in top places, but given their sizeable presence in specific sub-segments in both the dry bulk and tanker sector their importance/influence within these markets is already considered important, while stability in local currencies could increase their impact substantially.

By Nassos Soulakis
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

Friday, 20 September 19
INDIA TO INVITE BIDS FOR COMMERCIAL COAL MINING IN DECEMBER - MINISTER FOR COAL
India aims to begin the process of holding the first round of commercial coal mining auctions December end, Minister for Coal, Mines and Parliament ...


Friday, 20 September 19
INDIA: ECONOMIC SLOWDOWN IMPACTS COAL IMPORT CARGO IN H1 FY20 - PTI
Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal gro ...


Wednesday, 18 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
During the first week of September, I had the privilege of attending the Donsö Shipping Meet 2019, in Donsö, a small island of around 1,& ...


Tuesday, 17 September 19
PANAMA SHIP REGISTRY MODERNIZES SHIP REGISTRATION
The Panama Ship Registry has announced it will integrate in a single platform “Electronic Ship Registration System (ESRS)” the present ...


Tuesday, 17 September 19
THE DRY BULK FREIGHT MARKET IS ALREADY ON A DOWNWARD CORRECTION - ALLIED
Here we are again, just a breath before the final quarter of the year. Under typical circumstances and on the basis of what we have seen during the ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5539
News by Category
Popular News
 
Total Members : 26,488
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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