COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
Wednesday, 05 December 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
IntermodalIs the rise in crude carrier rates driven only by seasonality, or is the recent positive reversal signaling the end of challenging days for the market. Whatever the case may be, it seems that at least for now soft sentiments belongs to the past, with both the spot and period market steadily firming. Given the improvement in sentiment, it is normal that appetite in the SnP would also increase, while besides interest from specific ship-owners that were looking to invest for a while now, there is also interest from new Buyers who are encouraged by the performance of the freight market.
 
Focusing on the past couple of weeks, there are rumours that a K-Line Aframax, namely the ‘SINGAPORE RIVER’ (115,126dwt-blt ‘09, Japan) with SS/DD due in March 2019, was committed at $23.5 million, whereas, in June during Posidonia, Bergshav purchased a sister vessel from the same sellers, namely the ‘SENTOSA RIVER’ (115,146dwt-blt ‘08, Japan), for a price in the region of $19.0 million, which translates to an impressive increase of  around 17%  in less than six months (including yearly depreciation for the age difference).
 
Another noticeable sale is that of the ‘TOLEDO SPIRIT’ (159,342dwt-blt ‘05, S. Korea), where almost ten Greek Buyers inspected the vessel and competed aggressively, with the vessel eventually changing hands for $19.0 million.
 
On the MR side the improvement is also evident. In the beginning of October the Doun Kisen vessel, namely the ‘HIGH ENTERPRISE’ (45,967dwt-blt ‘09, Japan), was sold to Greek owners, Spring Marine, for a price in the region of $13.95 million. A month after this deal, the same owner sold the ‘SILVER EXPRESS’ (47,401dwt-blt ‘09, Japan), for a price in the region of $15.3 million, while during the past week the ‘HIGH PEARL’ (48,023dwt-blt ‘09, Japan), was reported sold for a price of $16.0 million.
 
We expect SnP interest in the sector to remain firm at least for as long as earnings remain around the healthy levels of late and given that there will be no wild volatility in the freight market during this winter we should also see additional premiums on future deals, especially in high quality tonnage of up to ten years of age.
By Giannis Andritsopoulos
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.

Recent News

Thursday, 06 December 18
CHINA REVISES MANAGEMENT RULES ON ESTABLISHMENT OF FULLY FOREIGN-OWNED SHIPPING BUSINESSES - XINHUA
Foreign shipping companies will find it easier to establish wholly-owned subsidiaries in China thanks to a revised regulation due to take effect on ...


Wednesday, 05 December 18
WORLD COAL PRICES FALL, WITH INDONESIA BENCHMARK FOR DECEMBER, ENDING AT LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...


Monday, 03 December 18
WCA'S ENGAGEMENT AT COP24 IN KATOWICE - WCA
The 24th Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) will take place from the 2-14 December 2018 in K ...


Monday, 03 December 18
SUPRAMAX: FIXED DELIVERY KALIMANTAN TO WEST COAST INDIA, AT $11000 - THE BALTIC BRIEFING
Capesize A roller-coaster week for the big ships with hopes soaring at the start for a mini last quarter revival, only to be dashed as the week ...


Sunday, 02 December 18
TRADE WAR LEADING TO HEADWINDS FOR THE FRAGILE DRY BULK RECOVERY - PETER SAND, BIMCO
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports which ...


   307 308 309 310 311   
Showing 1541 to 1545 news of total 6871
News by Category
Popular News
 
Total Members : 28,630
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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