COALspot.com keeps you connected across the coal world
  • NOV 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 66.27 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, 09 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
IntermodalAs we have already stated in previous insights, we had expected that the recovery on rates and activity across all segments in the offshore market during the past year, would continue throughout the year.
 
This is supported from the oil price, which during the past month has been trading at levels steadily above $55/barrel and having reached higher levels during the year. This is in contrast to past years, when oil prices were ranging between $43-$46/barrel, and even lower during the period 2015-2016, when oil price was less than $30/barrel with most notable the historical low of $22.48/barrel.
 
Back then we were arguing that with oil prices being low it was almost impossible for big oil producers to look at the possibility of investing in a new project or to implement their planned projects from previous years.
 
As we already know, this created a big agitation in the market. They were very few projects and a plethora of offshore units and oil rigs. Besides that, plenty of companies/providers of support units or drilling rigs at the specific period had financial issues or even reached the point of bankruptcy. 
 
Many factors have played a role in order for us to reach the point of currently discussing a slow but steady recovery on the market of Drilling & Offshore Support Vessel (OSV). Firstly, the fact that member countries of OPEC agreed to cut oil production until March 2020 in order to increase oil price and demand, which will create desirable conditions for new projects.
 
The mood of Offshore owners either to lower their OPEX or layup a number of their vessels or alternatively send them for demolition despite being so young, with the purpose of decreasing over-capacity in the market. Another important factor was the appetite of some companies to invest time and money in new technological innovations with lower OPEX and environmentally friendly features that would assist in the implementation of the upcoming projects.  
 
Despite recent news, like the tensions in the Persian Gulf, that may slowdown the return to healthier margins in the Offshore industry and create uncertainty, it is estimated that Drilling activity will continue to witness a positive annual growth in the upcoming years, as long as the oil price stablilises around $60/barrel and the cost of developing Offshore Oil & Gas declines significantly. Something similar is expected to happen in the Offshore Support Vessels (OSV), which is expected to exhibit further growth on the activity and rates in the next years based on the rise of  Deepwater development activities. 
By Panos Makrinos
Offshore Director
 
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, 04 November 19
COAL INDIA'S OCTOBER PRODUCTION MAY FALL 20% - PTI
Coal India’s production in October is likely to be 19-20 per cent lower at about 40 million tonne, as compared to 49.77 million tonne produce ...


Monday, 04 November 19
PANAMAX: WEAKER SENTIMENTS CONTINUED FROM LAST WEEK, WITH RATES FURTHER SOFTENING IN BOTH BASINS - BALTIC BRIEFING
Capesize The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, t ...


Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,30 ...


Thursday, 31 October 19
SE ASIA MAY BECOME NET FOSSIL FUEL IMPORTER IN COMING YEARS - IEA
Southeast Asia is set to become a key driver of world energy trends over the next 20 years as its energy demand grows at twice the global average, ...


Monday, 28 October 19
ULTRAMAX: ASIA RATES REMAINED UNDER PRESSURE WITH THE NORTH LACKING FRESH ENQUIRY - BALTIC BRIEFING
Capesize The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop ...


   1 2 3 4 5   
Showing 6 to 10 news of total 5580
News by Category
Popular News
 
Total Members : 26,607
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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