COALspot.com keeps you connected across the coal world
  • FEB 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 66.89 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, 17 July 19
MARKET INSIGHT - INTERMODAL
IntermodalThe Strait of Hormuz is one of the most important waterways in the world, connecting crude producers in the Middle East with key markets in the rest of the world. It also plays an essential role for the Asian economies that are dependent on oil imports from the Middle East. Even when considering that the daily flows of oil through the channel account for around 30 percent of all petroleum products, the Middle East has never been entirely safe. The recent tanker attacks have brought even bigger concern.  
 
Since May, six tanker vessels and one U.S. drone have been attacked near the Strait of Hormuz which is a strategically important waterway separating the United Arab Emirates, Oman and Iran. Fujairah, which is a trading center for refined products and crude is facing big challenges. War-risk premiums have increased significantly while freight rates remained more or less the same and as a result, oil tanker owners have started avoiding sending their ships to the region. 
 
One of the biggest ones, Frontline Ltd, even temporarily stopped trading from the Gulf.  “We have people of every nationality and vessels of every flag transiting that crucial sea lane,” the chairman of the International Association of Tanker Owners, Paolo d’Amico, told the New York Times after the second attack. “If the waters are becoming unsafe, the supply to the entire Western world could be at risk.”
 
“As a shipping company and part of the global shipping industry, we are taking the threat to our crew and ships very seriously,” Anthony Gurnee, chief executive of Ardmore Shipping, told CNBC this week. “At the moment, it is business as usual (but) insurance to transit the Strait of Hormuz has actually increased 10-fold in the last two months as a consequence of the attacks.” After the attacks, insurers start upping their premiums for tankers passing through the Strait of Hormuz and also oil prices spiked. Particularly, concerns regarding a possible military confrontation increased when Iran shot down a U.S drone and were further exacerbated after the US president’s tweet “Iran made a very big mistake!”. Following these we saw oil prices moving substantially up. 
 
The 3 scenarios: 
The Optimistic Scenario, is for the Strait of Hormuz to be closed for only a few days. In this case, the impact on global oil supplies would be minimal; however, we would still probably see a brief spike due to the initial uncertainty surrounding its outcome. Crude prices would possibly fall back to pre-crisis levels. The capacity of pipelines and in United Arab Emirates and Saudi Arabia should be effective in bypassing the Strait of Hormuz. 
 
The Pessimistic Scenario, is for the Strait of Hormuz to be fully closed for the first 45 days, and straight-line resumption in oil tanker traffic over the next 45 days will lead to historically high crude oil prices on an inflation-adjusted basis for an extended period. 
 
Finally, the Doomsday Scenario would be for the Strait to be closed for three-months. We cannot even imagine how high Crude oil prices would go and last but not least , they would not begin to fall back until the global economy collapses into deep recession. 

By Apostolos Rompopoulos
Tanker Chartering 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

Saturday, 22 February 20
THE SURPRISING MOVE IN MARINE FUEL SPREADS - ING
Middle distillates tank One of the biggest surprises since the implementation of new International Maritime Organization (IMO) sulphur regulati ...


Friday, 21 February 20
CAPE: AVERAGE NOMINAL DAILY EARNINGS STILL ADMITTEDLY UNCHANGED W-O-W AT BELOW US$3000 - FEARNLEYS
CAPE The worst may just about be over for the big ships. Average nominal daily earnings still admittedly unchanged w-o-w at below US$3k, but sent ...


Friday, 21 February 20
INDIA: POTENTIAL INVESTORS SEEK MORE CLARITY ON COMMERCIAL COAL MINING NORMS - FINANCIAL EXPRESS
Potential private investors have sought more clarity on the pricing mechanism proposed for the much-anticipated auction for commercial coal mining. ...


Thursday, 20 February 20
CHINA RESUMES OVER 70 PCT COAL PRODUCTION CAPACITY AMID EPIDEMIC - XINHUA
China has resumed 70.2 percent of its coal production capacity with output recovering steadily amid the fight against the novel coronavirus epidemi ...


Thursday, 20 February 20
CHINA THERMAL COAL MARKET FACES 2-3 MONTH CORONAVIRUS SHORT SQUEEZE: NOBLE - REUTERS
China’s domestic thermal coal market faces a 2-3 month short squeeze as a rapidly spreading coronavirus outbreak curtails production more tha ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5757
News by Category
Popular News
 
Total Members : 26,763
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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