COALspot.com keeps you connected across the coal world
  • OCT 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 64.80 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, 11 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
IntermodalWe are going through one of the rare instances where we see optimism building in the dry bulk industry and, as the momentum is still going, the belief that we will witness better rates in the industry.
 
Within a short period of two to three months, this momentum of healthy rates has intrigued many ship-owners to have a look at the possibility in purchasing a vessel. The uncertainty and mistrust of the market has not yet disappeared but it has shrunk compared to the previous months.
 
In the Capesize sector, we saw during the spring the total collapse of the market, where owners who wanted to sell were flirting with the idea of scrapping. Suddenly, within a few weeks the market reversed to healthy rates, with vessels being fixed in the spot market at around $37,000/day and values being around 20% up from the previous months. Thus, buying interest was focused on vessels that are five and ten years old. An example is the “NORD STEEL” (180,230dwt-blt ‘07, Japan), where more than five buyers inspected. In addition, after a few months, the vessels that were actually for sale could be counted on one hand for ages five up to fifteen years old.
 
In the Panamax sector, with the support from the chartering and from the continuous increase of the BDI, we saw increasing interest from many ship-owners for vessels that are around fifteen years old, that are considered by many as money makers. Moreover, on Panamaxes the SnP transaction of the “CLIPPER VICTORY” (77,119dwt-blt ‘15, Japan) is noteworthy, which was sold to a Greek owner, Eastern Mediterranean, for a price in the region of $21.0m. Usually, on these SnP transactions, it is typical to have interest for vessels with a deadweight in excess of 80,000 tonnes, however the price of the asset makes it a tempting deal.
 
In the Supramax sector after the sale of the “KESTREL I” (50,351dwt-blt ‘04, Japan), which was sold Taiwanese buyers for a price in the region of $7.3m, many buyers, including Greeks, have recently focused on purchasing vessels in excess of 50,000dwt up to 54,000dwt, built around 2000. The reason is that the value of these vessels has decreased and they are not willing to pay the premium for vessels over 56,000dwt. Lastly, In Supras that are around ten years old, there are plenty of available candidates for sale but buying interest is limited, as many believe that with these prices you cannot cover the investment.
 
Handies have not followed the upward trend of the freight market in recent months. Regarding values of the 28,000dwt vessels, they are still at low levels and it looks like they cannot tempt or attract Handy owners. The same can be identified with regards to the Chinese Handies from 32,000dwt up to 37,000dwt. In the Japanese Handies with capacities exceeding 32,000dwt, the market is more encouraging as after the sale of the “IKAN JERUNG” (31,760dwt-blt ‘09, Japan) we have witnessed a reluctant interest for vessels with three generators and following that, for vessels with two generators with the example of the “C. S. STAR” (33,000dwt-blt ‘11, Japan), which was sold to Greek buyers with a total of four inspecting the vessel.
By Giannis Andritsopoulos
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

Friday, 20 September 19
INDIA TO INVITE BIDS FOR COMMERCIAL COAL MINING IN DECEMBER - MINISTER FOR COAL
India aims to begin the process of holding the first round of commercial coal mining auctions December end, Minister for Coal, Mines and Parliament ...


Friday, 20 September 19
INDIA: ECONOMIC SLOWDOWN IMPACTS COAL IMPORT CARGO IN H1 FY20 - PTI
Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal gro ...


Wednesday, 18 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
During the first week of September, I had the privilege of attending the Donsö Shipping Meet 2019, in Donsö, a small island of around 1,& ...


Tuesday, 17 September 19
PANAMA SHIP REGISTRY MODERNIZES SHIP REGISTRATION
The Panama Ship Registry has announced it will integrate in a single platform “Electronic Ship Registration System (ESRS)” the present ...


Tuesday, 17 September 19
THE DRY BULK FREIGHT MARKET IS ALREADY ON A DOWNWARD CORRECTION - ALLIED
Here we are again, just a breath before the final quarter of the year. Under typical circumstances and on the basis of what we have seen during the ...


   2 3 4 5 6   
Showing 16 to 20 news of total 5554
News by Category
Popular News
 
Total Members : 26,537
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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