We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 14 November 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
 The shipping industry is going through an interesting period across all markets. Since the end of last year, the Dry Baltic Index has been showing signs of stability with the BDI averaging from1,300 to 1,400 points. From the looks of it, most participants in the dry bulk market are enjoying this relative stability, coming from a period of intense uncertainty and little room for future business planning and developments.
A year later and despite the recent weakness in the Capesize market, we can confidently state that momentum has improved and is better for everyone, especially for ship owners. With various forms of finance being currently available to shipowners in addition to healthy freight rates it is a conclusively a better environment.
It is important to note that during the past ten years we rarely witnessed simultaneously healthy freight rates, multiple financial options and available vessels for sale, something that the current market is offering. These conditions have been favored a lot by the new regulations entering into force together with the challenging new technologies that have to be applied to existing vessels in order to limit emissions. Drawing closer to the deadline for the implementation of new regulations (BWTS & IMO 2020) there are growing concerns on how these are going to be implemented, a subject widely discussed across shipping forums worldwide.
Despite stronger expectations for the last quarter of the year, the BDI has been under a lot pf pressure during the past days in particular due to the substantial fall in Capesize earnings. Despite decent resistance from the rest of the sizes, the drop in earnings for the big bulkers has been certainly impacting sentiment negatively, with owners hoping that this is just an over-reaction to Cape specific events and that sooner rather than later the market will start performing once again under more normal conditions.
Focusing on the SnP side, sale candidates remain plenty, with Japanese vessels up to five years old are reported to be sold even before their candidacy becomes known in the market, as demand for such tonnage is extremely high and prices have remained overall stable. Buyers are currently more in control with their appetite remaining strong for every possible opportunity that may arise.
Vintage Handysize units are also very popular, with focus witnessed on vessels between 16 to 23 years old, where prices remain on the high side given the age range. This is occurring because there are not so many similar vessels left in the market and there is a distinctive lack of available Handysize vessels up to 12/13 years old in the market (as there are is a limited number of such vessels built).
It is also interesting to note that a large number of Far Eastern buyers, with most of them being Chinese, are the ones currently inspecting and offering for these older vessels. This trend comes into opposition with end of summer expectations, when the change of the Chinese regulations regarding the import of Tier II vessels was introduced and which appears to have had a much softer effect on SnP activity than what was initially expected.
By Konstantinos Kontomichis
SnP Broker
Compiled by:
Intermodal Research & Valuations
Analysts:
Ms Eva Tzima
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.
|
|
Wednesday, 13 February 19
MALAYSIA WAS THE REGION'S LARGEST COAL IMPORTER WITH 34 MT IN 2018, UP 25% Y-O-Y
Although coal market in 2018 started with strong prices, starting in the beginning of the second half of 2018, the international spot prices for co ...
Wednesday, 13 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
If there is one word that can describe the current shipping environment then that this word is most probably “volatility.” The sentimen ...
Saturday, 09 February 19
SUPRAMAX: A 63,000-TONNER WAS REPORTED FIXED DELIVERY FOR AN EAST KALIMANTAN TRIP, REDELIVERY WEST COAST INDIA, AT $9,250 - THE BALTIC BRIEFING
Cape
The Vale disaster weighed heavily on the market for big ships, with uncertainty about shipments/future exports leading to a sharp drop in ...
Friday, 08 February 19
LOWER-QUALITY INDONESIA EXPORTS ROSE 39 MT IN 2018 YOY PRIMARILY IN RESPONSE TO INCREASED DEMAND FROM CHINA AND INDIA - PEABODY
"Underlying seaborne met and thermal coal conditions remain quite positive and the pace of U.S. coal-fueled power plant retirements is expecte ...
Thursday, 07 February 19
QATAR CAN GAIN FROM DECLINING COAL - THE PENINSULA
With North America and Europe closing down their old coal and nuclear plants, major gas exporters like Qatar can and should gain market share. With ...
|
|
|
Showing 1471 to 1475 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Australian Coal Association
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
|
| |
| |
|
