COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 65.79 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, 31 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
IntermodalIt was a fairly busy week in the dry S&P market. Despite the ease of Capesize rates which impacted Panamaxes as well, interest from potential buyers remains robust while there is no sign of values softening in the short term.
 
In the Kamsarmax sector the BWTS fitted ‘NORD DESTINY’ (83,684dwt-blt ‘08, Japan) is reported sold at low $14.0m to Greek buyers. The price falls in line with expectations as the slightly older ‘RED LOTUS’ (83,007dwt-blt ‘06, Japan) was recently sold at region $12.5m. 
 
Furthermore, the Panamax ‘ETERNAL GRACE’ (76,585dwt-blt ‘06, Japan) has been reported sold at $9.6m to Chinese buyers. The price is reflective of the fact that the vessel is not fitted with BWTS hence cannot call USA ports despite her good survey position due in 2021. There is a fair demand for Panamax & Kamsarmax bulkers of this age in the market with few ships being under the process of inspections these days and we expect to be able to report more in the coming weeks.
 
In the Supramax sector, activity has been slower as most buyers have focused on the larger tonnage as result of the spike in freight rates. Nevertheless, clients of Eagle Bulk Shipping have been at the forefront this week as they have announced the acquisition of 6 x SDARI 64 Ultramax bulkers built 2015-2016 in China for $122m en-bloc. Identity of the vessels has yet to be disclosed however it is understood that 4 of them are fitted with scrubbers.
 
Additionally, clients of Oman Shipping are reported to continuing their dry bulk fleet renewal as they are tipped to have committed 2 x 64,000dwt Zhoushan Changhong Ultramax resales at $23.0m a piece. Moreover, following the recent sale of ‘SINAR KUTAI’ (57,334dwt-blt ‘11, S. Korea) at region $11.0m, we now understand the Indonesian owners have also committed the sister ‘SINAR KAPUAS’ (57,334dwt-blt ‘11, S. Korea) at similar levels.
 
As far as tankers are concerned, there is still firm interest from buyers both in the crude and product sectors where most sales were reported this week. In the crude sector all eyes are on the VLCC ‘ORIENTAL JADE’ (306,352dwt-blt ‘04, Japan), which is inspectable next week and we hear that a number of buyers is already lined up to inspect her.
 
In the products side, we are hearing that the Japanese controlled pump room type ‘EAGLE EXPRESS’ (45,902dwt-blt ‘10, Japan) has been committed to clients of Union Maritime at region $16.3m, which shows a slight softening in values compared to recent sales. 
 
Formosa Plastics are reported to have disposed yet another zinc coated MR tanker, the ‘FPMC 23’ (50,999dwt-blt ‘10, S. Korea) at a price close to $15.0m to Greek buyers. Sellers have recently sold the sister to different Greek buyers at slightly lower figures.

By Vasilis Moiris
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

Monday, 16 September 19
COLOMBIAN COAL PRODUCTION TO FALL 5% THIS YEAR, MINING GROUP SAYS - REUTERS
Colombia’s coal production will decline to around 80 million tonnes in 2019, nearly 5% below last year’s, because of low prices and dro ...


Monday, 16 September 19
THE COAL-D SHOULDER? - BALTIC EXCHANGE
Good fortune and the number 13 don’t usually go hand in hand, but when it comes to coal, 2013 actually seems to have been the commodity&rsquo ...


Monday, 16 September 19
SCRUBBERS AND FUEL PROFIT SHARE CLAUSES - CLYDE&CO
From 1 January 2020, Regulation 14 of MARPOL Annex VI provides that the sulphur content in fuel oil used on board ships shall be reduced from a max ...


Monday, 16 September 19
KOREA SOUTH-EAST POWER INVITES BIDS FOR MAX 1,290,000 METRIC TONS OF STEAMING COAL
COALspot.com: South Korea’s Korea East-West Power Co. Ltd has issued an international tender for total 1,290,000 Metric Tons steam coal. ...


Sunday, 15 September 19
SUPRAMAX / ULTRAMAX: MORE STEMS WERE NOTICED GOING TO VIETNAM FROM INDONESIA - BALTIC BRIEFING
Capesize Overall it was a negative week for the Capesize market, with many routes losing ground.  A limited amount of time charter appeare ...


   1 2 3 4 5   
Showing 6 to 10 news of total 5539
News by Category
Popular News
 
Total Members : 26,488
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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