COALspot.com keeps you connected across the coal world
  • OCT 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 64.80 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, 09 January 19
SHIPPING MARKET INSIGHT - INERMODAL
IntermodalParaphrasing the words of a Chief economist in a latest report of the World Bank Group, the current state of the shipping market very much resembles that of a ship sailing, for the past decade, in shallow and tidy waters trying to avoid groundings. It was caught on a grounding two years ago, but is now freed by the rising tide. The Captain is of course relieved to be able to set sail. But this relief must be tempered by the urgency to sail toward deeper seas before the receding waters beach the ship again. 
 
Until the mid of 2018, all the forecasts for 2018 and 2019 reflected optimism. More than half of the world's countries were experiencing growth. There was a synchronized recovery resulting in faster and stronger growth in the near term. Unemployment has declined in USA, Europe and Japan, whilst inflation has not picked up, finding a point of golden balance. However, as the report from WBG points out, the medium term prospects tell a different story. Trade wars may be devastating and the protectionist threats have already cast their spell on the world's growth, with uncertainty killing investment. Obviously this is also directly affecting the shipping market; adding on top of this the 2020 Sulphur cap regulations and untested solutions, the future of coal and the additional capex for WBT the result is more uncertainty, which makes shipping professionals more reluctant. 
 
Downside risks to global growth have risen in the past eight months and expectations for upside surprises have receded. Global growth downward revision during 2018 reflects events that suppressed activity  in some major advanced economies, the negative effects of the trade threats and measures already implemented or approved, as well as a weaker outlook for some key emerging market and developing economies arising from country-specific factors, geopolitical tensions, and higher oil import bills. 
 
On the ship supply side (>20,000dwt), the dry bulk fleet grew by 200 vessels in absolute terms since last year. Whilst 2018 will be remembered for the very few bulk carrier deliveries - from the 400 bulk carriers that were planned to be delivered in 2018 just 268 ships were delivered - there was also very low scrapping activity, just fifty bulk carriers were sold for demolition. For 2019 it is projected that shipbuilders will deliver about another 530 vessels. The orderbook has increased by about 200 vessels since the same time last year but if we go back another few years it is much smaller and appears much more reasonable. Compared to the existing fleet, new building orders are 7% for the Handysize, 6% for the Supramax and 10% for the Panamax/Kamsarmax sector and the Capesize sector is 11%. 
 
The trade growth, i.e. demand for seaborne trade, in 2019 and 2020 and the fleet utilization will judge the fate of a lot of the older tonnage and whether the market is good enough to support additional investment (WBT)  or not, in which case they will have to make way for the younger ones. Oil prices and the efficiency of each vessel will play a huge role on investment decisions. So, once again, we are approaching 2020 with uncertainty and volatility on both the demand and the supply side. 2019 is going to be interesting... 
 
Happy New Year to All.
By Theodoros Ntalakos
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

Monday, 14 October 19
WINTER OIL MARKET OUTLOOK - OPEC
Product markets in the last two months have benefitted from seasonal maintenance which have led to a tighter product market environment, providing ...


Sunday, 13 October 19
INDONESIA: PANAMAX VESSELS OPEN SOUTH CHINA WERE REPORTEDLY FIXED AT $14,000 LEVEL, WITH REDELIVERY BACK IN CHINA - BALTIC BRIEFING
Capesize The Capesize market managed to find a floor and rally a little this week after several weeks of declines. While the West Australia to ...


Friday, 11 October 19
INDIAN MINERS REJECT PLAN TO LINK NATIONAL COAL INDEX TO FOREIGN PRICES - REUTERS
India’s miners are rejecting a government proposal to establish a national coal index that would be linked to international prices, documents ...


Friday, 11 October 19
THE OCTOBER BENCHMARK PRICE OF INDONESIAN THERMAL COAL DECLINES TO LOWEST SINCE OCTOBER 2016
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...


Friday, 11 October 19
KOREA SOUTH-EAST POWER TO IMPORT LCV COAL IN NOVEMBER
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for 75,000 Metric Tons low calorific v ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5554
News by Category
Popular News
 
Total Members : 26,537
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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