We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 17 July 19
MARKET INSIGHT - INTERMODAL
 The Strait of Hormuz is one of the most important waterways in the world, connecting crude producers in the Middle East with key markets in the rest of the world. It also plays an essential role for the Asian economies that are dependent on oil imports from the Middle East. Even when considering that the daily flows of oil through the channel account for around 30 percent of all petroleum products, the Middle East has never been entirely safe. The recent tanker attacks have brought even bigger concern.
Since May, six tanker vessels and one U.S. drone have been attacked near the Strait of Hormuz which is a strategically important waterway separating the United Arab Emirates, Oman and Iran. Fujairah, which is a trading center for refined products and crude is facing big challenges. War-risk premiums have increased significantly while freight rates remained more or less the same and as a result, oil tanker owners have started avoiding sending their ships to the region.
One of the biggest ones, Frontline Ltd, even temporarily stopped trading from the Gulf. “We have people of every nationality and vessels of every flag transiting that crucial sea lane,” the chairman of the International Association of Tanker Owners, Paolo d’Amico, told the New York Times after the second attack. “If the waters are becoming unsafe, the supply to the entire Western world could be at risk.”
“As a shipping company and part of the global shipping industry, we are taking the threat to our crew and ships very seriously,” Anthony Gurnee, chief executive of Ardmore Shipping, told CNBC this week. “At the moment, it is business as usual (but) insurance to transit the Strait of Hormuz has actually increased 10-fold in the last two months as a consequence of the attacks.” After the attacks, insurers start upping their premiums for tankers passing through the Strait of Hormuz and also oil prices spiked. Particularly, concerns regarding a possible military confrontation increased when Iran shot down a U.S drone and were further exacerbated after the US president’s tweet “Iran made a very big mistake!”. Following these we saw oil prices moving substantially up.
The 3 scenarios:
The Optimistic Scenario, is for the Strait of Hormuz to be closed for only a few days. In this case, the impact on global oil supplies would be minimal; however, we would still probably see a brief spike due to the initial uncertainty surrounding its outcome. Crude prices would possibly fall back to pre-crisis levels. The capacity of pipelines and in United Arab Emirates and Saudi Arabia should be effective in bypassing the Strait of Hormuz.
The Pessimistic Scenario, is for the Strait of Hormuz to be fully closed for the first 45 days, and straight-line resumption in oil tanker traffic over the next 45 days will lead to historically high crude oil prices on an inflation-adjusted basis for an extended period.
Finally, the Doomsday Scenario would be for the Strait to be closed for three-months. We cannot even imagine how high Crude oil prices would go and last but not least , they would not begin to fall back until the global economy collapses into deep recession.
By Apostolos Rompopoulos
Tanker Chartering Broker
Compiled by:
Intermodal Research & Valuations
Analysts:
Ms Eva Tzima
Mr.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, 24 July 19
COAL'S DEMISE QUICKENS IN EUROPE AS MARKET SHIFT IDLES PLANTS - BLOOMBERG
Commodity markets are stripping away the case for coal in Europe, moving quicker than government efforts to close the most polluting power plants.
...
Monday, 22 July 19
SUPRAMAX: THE ASIAN ARENA SAW INCREASED ACTIVITY AND STRONGER NUMBERS BEING CONCLUDED; INDONESIAN ROUNDS REMAINED FIRM - BALTIC BRIEFING
Capesize
Another week of gains as the Atlantic basin continues to be pressurised on tonnage and Brazilian cargoes keep up a steady flow. The Ca ...
Thursday, 18 July 19
WORLD TRADE IN HARD COAL ROSE BY 4.7% IN 2018 - GERMANY COAL IMPORTERS ASSOCIATION
World Trade in Hard Coal Rose by 4.7% in 2018
Hard Coal Can Prevent Stress in the Electric Power System in Germany
• Sharp decl ...
Tuesday, 16 July 19
KING COAL RULES IN JAPAN AS POWER UTILITIES IN THRALL TO LOW-COST FUEL - REUTERS
Japanese utilities will rely on the return of coal-fired power plants from maintenance to meet peak electricity demand this summer, highlighting th ...
Tuesday, 16 July 19
SUPRAMAX: THE ASIAN ARENA WAS SPLIT, WITH A BUILD-UP OF TONNAGE AND LACK OF ENQUIRY IN THE NORTH - BALTIC BRIEFING
Capesize
It was a Brazilian affair with a strong splash of bunkers characterising the Capesize market over the past week. Largely traded in Eur ...
|
|
|
Showing 1361 to 1365 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- PTC India Limited - India
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Energy Link Ltd, New Zealand
- The University of Queensland
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
|
| |
| |
|
