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, 05 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
IntermodalThe first semester of 2019 started as a fairly positive semester for the offshore sector whilst there was a recovery on crude prices, as well as a supply chain expansion from companies involved in exploration and production and modest activity levels.
 
With oil prices mainly ranging between $65-$70/barrel throughout the bigger part of the first quarter, refinery capacity additions in major regions have been the key drivers contributing to the recovery of the sector.
Even though spending levels were retained quite low after the 2014 industry recession, some companies had the advantage to invest, prompted by stronger prices during this year. Saudi Aramco, will be this year’s biggest spender as the company is expected to invest over $18 billion for the Marjan and Berri expansion projects, while ExxonMobil has $15 billion of offshore work approval.
 
Another sign that might be indicating that the offshore industry is recovering is the floater rig count which is finally moving upwards counting around 120 contracted rigs against 115 during last year. Diamond offshore, Seadrill and Transocean are some of the owners with the highest number of contracted years operating out of Latin America and the Gulf of Mexico.
Additionally the US Gulf Of Mexico lease sale drew the attention of operations whose total bids exceeded $110 million, making it the highest total bid of the past two years compared to previous lease sales, Lease 249 and Lease 250, the bids of which had reached $28 million and $38 million respectively.
 
The European market has also seen more activity in terms of investments, following almost four years of consecutive declines in interest, while the improved environment in the UK and Norway have been mainly the ones helping this positive turnaround.
 
Additionally, a rapid rise in subsea tree installations is projected for the global offshore industry in the coming years. According to Rystad Energy; “As the oil price has recovered since 2016, the subsea market has shown clear signs of improvement. Subsea tree installations can be seen as a main driver for this growth. We expect a substantial increase in demand in coming years.”
 
The market of Offshore Supply Vessels (OSV) is also facing a growth of up to 10%, which will give a nice breather to what has been a depressed environment as this segment mainly depends on the maintenance/needs and supply operations of existing platforms.   
 
Last year, we noticed that offshore projects increased by more than 20%, which was a very positive sign compared to the 2014-2016 period when most companies had to postpone or even cancel their planned projects as the oil price per barrel was well below $6. 2019 has kicked off positively and although oil prices have corrected downwards lately, we do expect this to be another improved year as support for oil prices by OPEC and other major producers is expected to resume.

By Panos Makrinos
Offshore Director

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

Wednesday, 26 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the first half of the year is almost over, it is worth looking back at the sale and purchase activity during these months, focusing on the segme ...


Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal markets were buoyed by ongoing supply side issues.    According to Daniel Hynes, Senior Commodity Strategist of ANZ, the the ...


Monday, 24 June 19
KOMIPO INVITED BITUMINOUS COAL BIDS FOR BORYEONG & SHIN BORYEONG POWER PLANTS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 260,000 MT MT of min. 5700 NAR coal and 240,000 MT of min. 4,600 k ...


Sunday, 23 June 19
SUPRAMAX: A 56,000-DWT WAS FIXED FROM INDONESIA TO VIETNAM AT $10,000 - BALTIC BRIEFING
Capesize The story over the past week has been largely Atlantic dominated as the basin’s uniquely volatile characteristics came into play ...


Saturday, 22 June 19
OPEC'S BATTLE FOR CONTROL OF THE OIL MARKET - WOOD MACKENZIE
Oil supply is confounding expectations. We have just raised our forecasts for non-OPEC production, the latest in a series of incremental increases. ...


   1 2 3 4 5   
Showing 11 to 15 news of total 5507
News by Category
Popular News
 
Total Members : 26,333
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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