COALspot.com keeps you connected across the coal world
  • JULY 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 71.92 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

Tuesday, 16 July 19
KING COAL RULES IN JAPAN AS POWER UTILITIES IN THRALL TO LOW-COST FUEL - REUTERS
Japanese utilities will rely on the return of coal-fired power plants from maintenance to meet peak electricity demand this summer, highlighting th ...


Tuesday, 16 July 19
SUPRAMAX: THE ASIAN ARENA WAS SPLIT, WITH A BUILD-UP OF TONNAGE AND LACK OF ENQUIRY IN THE NORTH - BALTIC BRIEFING
Capesize It was a Brazilian affair with a strong splash of bunkers characterising the Capesize market over the past week. Largely traded in Eur ...


Wednesday, 10 July 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR HCV AND LCV COAL FOR AUGUST 2019 LOADING
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for total 460,000 to 500,000 Metric To ...


Wednesday, 10 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
In contrast with the general expectations for the dry bulk market, the sector was not positive or even stable during the past 6 months. The warning ...


Monday, 08 July 19
INDONESIAN COAL PRICE REFERENCE POSTS BIGGEST MONTHLY LOSS SINCE JANUARY 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5506
News by Category
Popular News
 
Total Members : 26,328
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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