We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 05 February 20
MARKET INSIGHT - INTERMODAL
 The oil and gas industry benefitted from a strong and solid ground in the previous year. We witnessed a slow but steady increase in bunker’s prices that led, after a very long time, in large oil producers rethinking the revival of old and the beginning of new projects, which provided an opportunity for owners to charter their vessels in a healthier offshore business.
This positive momentum of the aforementioned increase in bunker’s prices continued up until recently and was largely affected by two main reasons. Initially, OPEC member countries agreed with Russia to extend oil supply cuts by an additional 500,000 barrels a day through the end of March 2020. Secondly and even more significantly, more than 5 percent of Saudi Arabia’s daily global oil production was disrupted as a result of the unexpected attacks on the country’s oil facilities.
Following these events, the price of Brent crude oil surpassed $70 per barrel this year while many expected the commodity to reach even higher levels as everything pointed out that we were moving towards a “cold-war” between U.S.A and Iran. However, the intervention of other countries denied bunker prices another leg up, with oil gradually slipping back to low $50 per barrel.
It is worthwhile mentioning that during the previous year the market benefitted from healthy activity as far as activity in projects and charter requirements for offshore vessels delivered to West Africa, United Arab Emirates and India Region were concerned, while in terms of the number of reported second-hand deals of AHTS/PSV units, buyers appetite grew significantly during that period. Along the same lines, scrapping activity remained firm, pushing as a result prices for secondhand OSV vessels up by 40% in some cases, while tonnage supply came down as a result and distressed deals started becoming scarce.
However, as 2020 kicked off, market momentum started to wane and uncertainty currently prevails in the market. Even if the long-awaited trade agreement between the US and China was finally signed, the positive spill overs will probably not be felt until later on in the year. In addition, tension in the Middle East last month together with the effects of the coronavirus on global economy and international trade that seem to be worsening day by day, are adding to the lack of confidence among market participants in regards to future oil prices.
Indeed, the first trading day in China, following the New Year holidays in the country, has already seen the local administration imposing tough measures to contain the virus, while many businesses are expected to remain shut in the coming weeks, leaving little room for an imminent improvement both in oil prices and investors’ sentiment.
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.
|
|
Friday, 06 March 20
COLOMBIAN COAL OUTPUT FELL 2% IN 2019 - REUTERS
Coal production in Colombia, the fifth-largest coal exporter in the world, fell 2% to 82.2 million tonnes in 2019 after output at one of the princi ...
Friday, 06 March 20
SOLID BACKING FOR LNG AS A MARINE FUEL - BALTIC EXCHANGE
When it comes to choosing the best fuel on the near horizon to help the international shipping industry shrink its carbon intensity by 2050, DNV GL ...
Friday, 06 March 20
INDONESIA COAL PRICE REFERENCE UP AGAIN THIS MONTH
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Thursday, 05 March 20
PANAMAX: SHIP-OWNERS HAVE MOSTLY BEEN GETTING HIGHER RATES THAN THE LAST DONE - FEARNLEYS
Cape
There is still limited amount of positive news around, with the effects of Corona virus hurting world economy. However, overall average in ...
Thursday, 05 March 20
COAL IMPORTS DOWN IN MAJOR ASIAN MARKETS, AND CORONAVIRUS NOT THE DRIVING FORCE - CLYDE RUSSELL
Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weak ...
|
|
|
Showing 1086 to 1090 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
|
| |
| |
|
