COALspot.com keeps you connected across the coal world
  • JULY 2021 HBA FOR EXPORTS INCREASED BY $15.02 MOM, $39.51 YTM AND $63.19 YOY
  • JULY 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 115.35 A TON

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 11 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
IntermodalWe are going through one of the rare instances where we see optimism building in the dry bulk industry and, as the momentum is still going, the belief that we will witness better rates in the industry.
 
Within a short period of two to three months, this momentum of healthy rates has intrigued many ship-owners to have a look at the possibility in purchasing a vessel. The uncertainty and mistrust of the market has not yet disappeared but it has shrunk compared to the previous months.
 
In the Capesize sector, we saw during the spring the total collapse of the market, where owners who wanted to sell were flirting with the idea of scrapping. Suddenly, within a few weeks the market reversed to healthy rates, with vessels being fixed in the spot market at around $37,000/day and values being around 20% up from the previous months. Thus, buying interest was focused on vessels that are five and ten years old. An example is the “NORD STEEL” (180,230dwt-blt ‘07, Japan), where more than five buyers inspected. In addition, after a few months, the vessels that were actually for sale could be counted on one hand for ages five up to fifteen years old.
 
In the Panamax sector, with the support from the chartering and from the continuous increase of the BDI, we saw increasing interest from many ship-owners for vessels that are around fifteen years old, that are considered by many as money makers. Moreover, on Panamaxes the SnP transaction of the “CLIPPER VICTORY” (77,119dwt-blt ‘15, Japan) is noteworthy, which was sold to a Greek owner, Eastern Mediterranean, for a price in the region of $21.0m. Usually, on these SnP transactions, it is typical to have interest for vessels with a deadweight in excess of 80,000 tonnes, however the price of the asset makes it a tempting deal.
 
In the Supramax sector after the sale of the “KESTREL I” (50,351dwt-blt ‘04, Japan), which was sold Taiwanese buyers for a price in the region of $7.3m, many buyers, including Greeks, have recently focused on purchasing vessels in excess of 50,000dwt up to 54,000dwt, built around 2000. The reason is that the value of these vessels has decreased and they are not willing to pay the premium for vessels over 56,000dwt. Lastly, In Supras that are around ten years old, there are plenty of available candidates for sale but buying interest is limited, as many believe that with these prices you cannot cover the investment.
 
Handies have not followed the upward trend of the freight market in recent months. Regarding values of the 28,000dwt vessels, they are still at low levels and it looks like they cannot tempt or attract Handy owners. The same can be identified with regards to the Chinese Handies from 32,000dwt up to 37,000dwt. In the Japanese Handies with capacities exceeding 32,000dwt, the market is more encouraging as after the sale of the “IKAN JERUNG” (31,760dwt-blt ‘09, Japan) we have witnessed a reluctant interest for vessels with three generators and following that, for vessels with two generators with the example of the “C. S. STAR” (33,000dwt-blt ‘11, Japan), which was sold to Greek buyers with a total of four inspecting the vessel.
By Giannis Andritsopoulos
SnP 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.

Recent News

Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a rep ...


Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...


Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...


Wednesday, 30 June 21
MARKET INSIGHT - INTERMODAL
The strong freight performance since the beginning of year has continued for the dry bulk market with earnings being at the highest level in over a ...


Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's inst ...


   3 4 5 6 7   
Showing 21 to 25 news of total 6351
News by Category
Popular News
 
Total Members : 27,491
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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