We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 05 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
 The first semester of 2019 started as a fairly positive semester for the offshore sector whilst there was a recovery on crude prices, as well as a supply chain expansion from companies involved in exploration and production and modest activity levels.
With oil prices mainly ranging between $65-$70/barrel throughout the bigger part of the first quarter, refinery capacity additions in major regions have been the key drivers contributing to the recovery of the sector.
Even though spending levels were retained quite low after the 2014 industry recession, some companies had the advantage to invest, prompted by stronger prices during this year. Saudi Aramco, will be this year’s biggest spender as the company is expected to invest over $18 billion for the Marjan and Berri expansion projects, while ExxonMobil has $15 billion of offshore work approval.
Another sign that might be indicating that the offshore industry is recovering is the floater rig count which is finally moving upwards counting around 120 contracted rigs against 115 during last year. Diamond offshore, Seadrill and Transocean are some of the owners with the highest number of contracted years operating out of Latin America and the Gulf of Mexico.
Additionally the US Gulf Of Mexico lease sale drew the attention of operations whose total bids exceeded $110 million, making it the highest total bid of the past two years compared to previous lease sales, Lease 249 and Lease 250, the bids of which had reached $28 million and $38 million respectively.
The European market has also seen more activity in terms of investments, following almost four years of consecutive declines in interest, while the improved environment in the UK and Norway have been mainly the ones helping this positive turnaround.
Additionally, a rapid rise in subsea tree installations is projected for the global offshore industry in the coming years. According to Rystad Energy; “As the oil price has recovered since 2016, the subsea market has shown clear signs of improvement. Subsea tree installations can be seen as a main driver for this growth. We expect a substantial increase in demand in coming years.”
The market of Offshore Supply Vessels (OSV) is also facing a growth of up to 10%, which will give a nice breather to what has been a depressed environment as this segment mainly depends on the maintenance/needs and supply operations of existing platforms.
Last year, we noticed that offshore projects increased by more than 20%, which was a very positive sign compared to the 2014-2016 period when most companies had to postpone or even cancel their planned projects as the oil price per barrel was well below $6. 2019 has kicked off positively and although oil prices have corrected downwards lately, we do expect this to be another improved year as support for oil prices by OPEC and other major producers is expected to resume.
By Panos Makrinos
Offshore Director
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.
|
|
Tuesday, 18 June 19
TANKER SHIPPING: WHILE WE WAIT FOR 2020 TO KICK IN, IT'S ALL ABOUT POLITICS - BIMCO
Demand drivers and freight rates
Iran, Libya and Venezuela face export limitations because of sanctions and internal political troubles. At the s ...
Saturday, 15 June 19
SUPRAMAX: A 58,000-TONNER, OPEN QINGDAO, WAS BOOKED TO REDELIVER IN EAST COAST INDIA AT $6,500 - BALTIC BRIEFING
Capesize
The market closed on a quiet Friday last week after a few hectic days of mid-week trading. Trade routes from Brazil to the Far East we ...
Friday, 14 June 19
PANAMAX: OUTLOOK IS MIXED - FERNLEYS
Capesize
Sentiment changed to a more nervous tone as pacific cargo volumes failed to deliver as expected, however latest activity indicates res ...
Friday, 14 June 19
ELECTRONIC (PAPERLESS) TRADING - SKULD
KNOWLEDGE TO ELEVATE
Electronic Shipping Solutions: Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platfor ...
Wednesday, 12 June 19
KOSPO INVITES BIDS FOR 140,000 MT OF 4,600 NCV COAL FOR SEP. 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 140,000 MT of minimum 4,600 kcal/kg NCV coal ...
|
|
|
Showing 1381 to 1385 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Australian Coal Association
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Planning Commission, India
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Posco Energy - South Korea
|
| |
| |
|
