COALspot.com keeps you connected across the coal world
  • SHIPPING NEEDS TO PREPARE FOR CORONAVIRUS RESTRICTIONS WARNS HILL DICKINSON
  • JAN 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 65.93 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, 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, 21 January 20
IRON ORE - 5 THINGS TO WATCH IN 2020 - WOOD MACKENZIE
Wood Mackenzie identifies five trends that will impact the iron ore industry.   Slower demand growth (especially in China) and a decen ...


Tuesday, 21 January 20
ASIA'S APPETITE FOR COAL GROWS, WITH CHINA THE KEY DECIDER - NIKKEI
Although renewable power generation is expected to rise significantly in Asia, India’s vast electricity needs will still underpin global dema ...


Tuesday, 21 January 20
THERMAL COAL PRICES SET FOR RECOVERY THIS YEAR AS OVERSUPPLY TIGHTENS - REUTERS
Thermal coal prices are expected to recover this year after losing around a third of their value last year as demand from some south-east Asian cou ...


Monday, 20 January 20
INDIA TO STOP SUBSTITUTABLE COAL IMPORT; CAN GO FOR AUCTION OF 100 FULLY EXPLORED NEW BLOCKS: JOSHI - PTI
The Cabinet recently approved promulgation of Mineral Laws (Amendment) Ordinance 2020 to amend Mines and Minerals (Development and Regulation ) Act ...


Monday, 20 January 20
CHINA DECEMBER COAL OUTPUT UP 2.4 PERCENT ON YEAR - STATS BUREAU: REUTERS
China produced 331.74 million tonnes of coal in December, up 2.4 percent on the year, the National Bureau of Statistics said on Friday.   ...


   1 2 3 4 5   
Showing 11 to 15 news of total 5701
News by Category
Popular News
 
Total Members : 26,721
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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