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, 10 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
IntermodalIn 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 signs prevalent in the last quarter 2018, were not enough to convince the market of the severity of the market’s course Baltic Dry Index showing resistance to falling below 1,000 points at the end of November but also with the small correction of the index (above 1,400 points) before Christmas holidays playing a misleading role. 
 
The New Year started with the index being at around 1,280 points and in about 40 days the BDI decreased by around 50%, with the BDI closing at a remarkable 595 points on the 11th of February. Although the drop was expected due to the Chinese New Year the magnitude of the decline in rates and indexes was an unpleasant surprise.
 
The BDI index reached its lowest point of the last 46 months, without having the dynamic for an immediate correction to the index similar to November 2018 levels. Four months were needed in order for the BDI to reach the levels of January. During the last 10 days, the BDI rallied to healthier levels, with the most notable day last Friday when the BDI closed at 1,740 points. It is important to state that this figure is the highest of the year and only the third time the index has surpassed the 1,700 point mark in the past five years. The other two were on December 2017, which closed at 1,702 points and on August 2018, which closed at 1,773 points. 
 
The SnP market was rather busy during the past six months. During the first half of the year, there were around 1,000 vessels officially and unofficially for sale, from Handysizes up to Newcastlemaxes – with ¼ of them successfully being sold (in 2017 we had 320 SnP transactions the same period). Many ship owners found the chance to flip older vessels with modern ones, and others bore the risk of the negative market and increased their existing fleet with cheaper vessels. 
 
In the Handysize sector buyers showed and continue to show more interest in vessels around 10 years old and larger than 33.000dwt. Most vessels from quality yards were being sold very quickly. Bigger asset price elasticity was shown in Handysizes smaller than 32,000 dwt as demand for such vessels was lower, with a notable case being the 28,000 dwt vessels, of which some were sold at an attractive discount and others were not able to be sold.
 
In the Supramax & Ultramax sector, buyers’ orientation was for Supramaxes vessels around 5 to 15 years old and above 55,000 dwt. The total SnP transactions for Supramaxes reached around 68 vessels, while around 26 sales recorded for Ultramax vessels.
 
SnP activity was most pronounced on Panamaxes, especially for vessels built from 2000 up to 2010, with 40 reported sales. From the total 64 sales in the segment, 16 were for vessels younger of 8 years and 8 for vessels older than 20 years. On capes, shipowners are used to volatility on freight rates and showed resistance to selling. Totally 8 capes have been sold so far with the age of the vessels being around 14 to 17 years old.

By Konstantinos Kontomichis
SnP Broker

Compiled by:
Intermodal Research & Valuations


Analysts:
Ms Eva Tzima

Mr.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

Thursday, 23 January 20
PANAMAX: ANOTHER DISAPPOINTING WEEK IN BOTH THE ATLANTIC AND THE PACIFIC BASIN - FEARNLEYS
Cape Size From bad to worse for the biggest ships as prices for low-sulphur fuel oil remain high whilst freight rates deteriorate further. Aver ...


Thursday, 23 January 20
AFRICAN POWER PLATFORM PUBLISHES REPORTS ON POWER SECTOR FRAMEWORK FOR SELECTED AFRICAN COUNTRIES
Press Release: African Power Platform publishes Reports on Power Sector Framework for selected African Countries    With the repo ...


Thursday, 23 January 20
COAL-BASED ELECTRICITY GENERATION SURGES 95% IN 2019 - PROFIT PAKISTAN TODAY
Coal-based power generation jumped 94.5 percent to 2,030 Gigawatt hours (GWh) in the year to November 2019, taking its share in the country’s ...


Wednesday, 22 January 20
INDIA: COAL PRODUCTION FROM CAPTIVE MINES RAISES 24% OUTPUT IN APRIL TO DECEMBER - FINANCIAL EXPRESS
Coal production from captive mines in the first nine months of the ongoing financial year was up 24% year-on-year (y-o-y) at 40.93 million tonne (M ...


Wednesday, 22 January 20
SHIPPING MARKET INSIGHT - INTERMODAL
It seems that we are finally seeing whitish smoke as far as the trade feud between the US and China is concerned, while following this much anticip ...


   1 2 3 4 5   
Showing 6 to 10 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 ...

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