We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
 Once 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.
|
|
Wednesday, 19 February 20
MINERS WELCOME INDONESIA'S NEW JOBS BILL THAT COULD SPUR COAL GROWTH - REUTERS
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that th ...
Wednesday, 19 February 20
AS OCEAN TEMPERATURES RISE, SHIPOWNERS LOOK FOR WAYS TO COPE - WARTSILA
The world is heating up, and its oceans are no exception. According to the International Panel on Climate Change (IPCC), the oceans absorb the majo ...
Wednesday, 19 February 20
MARKET INSIGHT - INTERMODAL
The coronavirus outbreak is estimated to negatively affect global economy by at least EUR400bn this year, representing around the 0.4% of global GD ...
Tuesday, 18 February 20
WEEKLY MARKET ANALYSIS - ALLIED
Under such poorly performing market circumstances, many usually take the historical approach, in order to better understand and further analyze the ...
Tuesday, 18 February 20
ADARO SHIPPED 27 PERCENT OF ITS TOTAL COAL PRODUCTION IN 2019 TO INDIA AND CHINA
PT Adaro Energy Tbk (AE) produced 58.03 Mt of coal from PT Adaro Indonesia (AI), Balangan Coal Companies and Adaro Me ...
|
|
|
Showing 1121 to 1125 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- The University of Queensland
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- VISA Power Limited - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
|
| |
| |
|
