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, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
IntermodalOnce again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost a given, the continuous decline in the dry bulk rates has stopped any ambitions owners might have had for SnP transactions.
 
With the American President announcing new tariffs on iron ore imports and his aspirations to strengthen the US steel industry, concerns are rising in the market. On the other hand, cause for concern is caused by China weakening after a number of years when the oversupply of raw materials as well as global trade as a whole were largely dependant on the growth of Chinese growth rates. Therefore, the only possible solution for the recovery of the shipping market is scrapping. Fortunately, the current scrap value for dry bulk carriers is around $430/ldt for small tonnage vessels up to $470/ldt for big tonnage vessels. Increasing scraping activity is a visible solution that could give a future boost in the dry bulk market. To put things into perspective, the first signs with regards to scraping for the q1 2019 are positive, together with a small decline in dry NB orders, when comparing in both markets with the q1 2018. 
 
The correction on values in the dry bulk market has created some expectations that we might witness the same levels in asset values as in 2016. However, the freight market is not at the same levels like 2016 and with the new regulations coming into force, this specific scenario does not look like it will be easily materialised, as the variables are vastly different. However it is worth analysing where the market currently stands in every segment.    
 
In the Capesize sector it is indicative that vessels of any age do not to have any buying interest, and last week we had the first sale of a capesize in 2019.
 
In the Panamax/Kamsarmax sector we are seeing a lot of interest especially from Greek buyers, for vessels build from 2004 to 2008, as they possibly anticipate a healthier freight market in the near future or are look to resell when the freight rates increase. A representative example is the Kamsarmax ‘YARRAWONGA’ (82,624dwt-blt ‘08, Japan) were around 10 potential buyers inspected without being sure if the vessel is going to be sold definitely.  
 
In the Supramax sector, we observe specific ship-owners showing interest into Japanese vessels, together with some Greek owners who consider selling their tonnage into more premium levels.
 
Lastly, over the past few weeks, the majority of sales were on the Handysize sector. It has been some time since we saw sales of Chinese vessels since the Carval deal where, even though it was an en-bloc deal, despite the minimal buying interest shown in the specific vessels, they were sold in line with the last done deal of December ‘BONNIE VENTURE’ (32,500dwt-blt ‘12, China).


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 20 July 20
COAL INDIA LAUNCHES SPECIAL CATEGORY OF E-AUCTION FOR COAL IMPORTERS - BUSINESS STANDARD
Coal India (CIL) on Friday launched a special category of e-auction for importers of coal. This is in line with the government’s declaration ...


Monday, 20 July 20
OIL PRICE OF $40-43 PER BARREL MORE OR LESS BALANCED - NOVAK | TASS
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after t ...


Monday, 20 July 20
SUPRAMAX: A 63,000 OPEN NORTH CHINA FIXING AN AUSTRALIAN ROUND IN THE LOW $10,000S - BALTIC BRIEFING
Capesize The capesize market showed some resistance this week to recent losses as all routes saw a small uptick in value to end the week. With ...


Friday, 17 July 20
MISC MALAYSIA ENTERS INTO PURCHASE AGREEMENTS AND TIME CHARTER PARTIES FOR SIX VLECS
MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochem ...


Wednesday, 15 July 20
HOW MEANINGFUL ARE SOME ESTIMATES FOR INDIA’S COAL CONSUMPTION DATA? - IEEFA
In recent years, BP's estimates for India have contained what appears to be a record of over-optimistic projections   BP’s a ...


   172 173 174 175 176   
Showing 866 to 870 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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