We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 22 May 19
SHIPPING MARKET INSIGHT - INTERMODAL
 The ship repair sector is showing a constant and gradual increase on the workload throughout the past months, with almost all the shipyards worldwide having already reached close to their maximum capacity as we are heading towards the end of the first half of the year. It goes without saying that this is mainly due to the already prescribed scrubber retrofit demand, while the peak of these deliveries from most of the scrubber manufacturers is starting this May onwards.
A lot of difficulties are expected to be encountered from the shipyards into delivering the scrubber retrofit projects on time given the expected workmanship and considering the big spectrum of uncertainties and complications. One of these uncertainties is the usually late delivery of most of the spare parts, i.e. equipment, cabling, exotic piping, sensors, big valves etc. which in most of the projects coincides with the critical step of the retrofit.
On top of the above there is also a chance of getting extra delays on other aspects such as the design engineering, the class approval the logistics as well as custom formalities. Moving forward, the ETA of most vessels is slightly slipping forward in order to cover these various delays, which is in turn creating a bottleneck in the yards that will require extra attention and forward planning from the shipyards as far as the summer months are concerned. Finally, some shipyards with a relatively big appetite have committed to accept more scrubber retrofits than they can actually accommodate, which will most probably result in additional delays. As a counter measure to withstand the overbooking, certain shipyards have leased floating cranes and extra manpower with a premium cost.
Reviewing the above situation, pricing levels for routine drydocks has become much less attractive compared to six months ago, while first class shipyards are not interested in small projects despite the price benefit. This has given a lot of space for second class shipyards to penetrate to new clientele and in some cases to deliver better than expected results.
Looking forward to the so called coming ‘Shipyard’s Era’ during which shipyards will benefit from the whole repair jam, there are speculations for a second wave of scrubbers shortly after the beginning of 2020, when the price spread between the low and high Sulphur fuel oil will be clearly defined and will reignite the scrubber retrofit interest of some companies currently standing by.
With regards to last week’s MEPC74 Committee, the topics that were covered were rather expected and without any surprises. The IMO has completed a list of guidelines aimed at ensuring consistent enforcement of the global sulfur cap, covering areas such as Post State control guidelines, fuel sampling onboard the ship, ongoing compliance in case of failure EGCS and delivery of compliant fuel by suppliers. An interesting part of the meeting was that in regards to GHG emission reduction, which the IMO agreed to keep on the table, although there is no actual progress so far, while speed reduction and speed optimization will considered in one of the three agendas to be worked on further at the next session.
By Vassilis Vassiliou
Ship-repair 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, 06 February 19
THE BDI HAS EASED BACK TO 645 BP, ITS LOWEST LEVEL SINCE AUGUST 2016 - ALLIED
The dry bulk sector is in the doldrums, with most market participants seemingly left utterly perplexed, and simultaneously, in pursuit of any posit ...
Monday, 04 February 19
COAL STILL IN HIGH DEMAND GLOBALLY
Although the world is switching to renewable energy there is still a big demand for coal around the globe.
This is according to Cany ...
Friday, 01 February 19
ULTRAMAX WAS FIXED DELIVERY KALIMANTAN, FOR TRIP TO WEST COAST INDIA AT $7,000 - BALTIC BRIEFING
Capesize
The Vale dam tragedy sparked a sharp fall in rates across all regions even where tonnage remained tight. The potential loss of product ...
Friday, 01 February 19
SEMBCORP SELECTS NORDEN FOR LONG-TERM INDIAN CONTRACT
NORDEN A/S has signed a 10-year Panamax Contract of Affreightment (COA) with Indian utility firm Sembcorp Energy India Ltd.
From 1 A ...
Tuesday, 29 January 19
HARD COAL BEARS THE BRUNT OF THE RECOMMENDATIONS OF THE COMMISSION GROWTH STRUCTURAL CHANGE AND EMPLOYMENT - VDKI
Press Release: Hard coal bears the brunt of the recommendations of the Commission Growth Structural change and employment.
In its fi ...
|
|
|
Showing 1476 to 1480 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Standard Chartered Bank - UAE
|
| |
| |
|
