We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 09 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
 As we have already stated in previous insights, we had expected that the recovery on rates and activity across all segments in the offshore market during the past year, would continue throughout the year.
This is supported from the oil price, which during the past month has been trading at levels steadily above $55/barrel and having reached higher levels during the year. This is in contrast to past years, when oil prices were ranging between $43-$46/barrel, and even lower during the period 2015-2016, when oil price was less than $30/barrel with most notable the historical low of $22.48/barrel.
Back then we were arguing that with oil prices being low it was almost impossible for big oil producers to look at the possibility of investing in a new project or to implement their planned projects from previous years.
As we already know, this created a big agitation in the market. They were very few projects and a plethora of offshore units and oil rigs. Besides that, plenty of companies/providers of support units or drilling rigs at the specific period had financial issues or even reached the point of bankruptcy.
Many factors have played a role in order for us to reach the point of currently discussing a slow but steady recovery on the market of Drilling & Offshore Support Vessel (OSV). Firstly, the fact that member countries of OPEC agreed to cut oil production until March 2020 in order to increase oil price and demand, which will create desirable conditions for new projects.
The mood of Offshore owners either to lower their OPEX or layup a number of their vessels or alternatively send them for demolition despite being so young, with the purpose of decreasing over-capacity in the market. Another important factor was the appetite of some companies to invest time and money in new technological innovations with lower OPEX and environmentally friendly features that would assist in the implementation of the upcoming projects.
Despite recent news, like the tensions in the Persian Gulf, that may slowdown the return to healthier margins in the Offshore industry and create uncertainty, it is estimated that Drilling activity will continue to witness a positive annual growth in the upcoming years, as long as the oil price stablilises around $60/barrel and the cost of developing Offshore Oil & Gas declines significantly. Something similar is expected to happen in the Offshore Support Vessels (OSV), which is expected to exhibit further growth on the activity and rates in the next years based on the rise of Deepwater development activities.
By Panos Makrinos
Offshore Director
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.
|
|
Thursday, 19 December 19
COAL POWER GENERATION CONTINUES TO DECLINE IN GERMANY: DESTATIS, XINHUA REPORTED
The volume of electricity generated in coal-fired power plants in Germany decreased “markedly” by 37 percent to 34 billion kilowatt-hou ...
Thursday, 19 December 19
BANGLADESH'S NBR CUTS VAT ON COAL IMPORT FOR POWER PLANTS - THE DAILY STAR
The National Board of Revenue (NBR) reduced value added tax on the import of coal for power plants to 5 percent from present 15 percent for five ye ...
Wednesday, 18 December 19
AVERAGE PRICES OF COAL IN 2018 WERE MORE THAN 60% HIGHER THAN IN 2016 - IEA
Coal use grew again in 2018.
Global coal demand increased by 1.1%, continuing the rebound that began in 2017 after three years of decline ...
Wednesday, 18 December 19
ASIA IS SET TO SUPPORT GLOBAL COAL DEMAND FOR THE NEXT FIVE YEARS - IEA
Press Release: Global coal demand is expected to decline in 2019 but remain broadly stable over the next five years, supported by robust growth in ...
Wednesday, 18 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we all know very well by now, the reduction in the maximum allowable sulphur content of marine fuels in 2020 is likely to have a massive impact ...
|
|
|
Showing 1236 to 1240 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
|
| |
| |
|
