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.
|
|
Monday, 25 November 19
COAL SUPPLY BY CIL TO POWER SECTOR DROPS OVER 8 PC TO 253 MT IN APRIL-OCTOBER - PTI
Supply of coal by state-owned CIL to the power sector registered a decline of 8.5 per cent to 253 million tonnes in the April-October period of thi ...
Monday, 25 November 19
A 53,000DWT SHIP FIXED AT $9,500 DELIVERY SINGAPORE TRIP, VIA INDONESIA, REDELIVERY VIETNAM - BALTIC BRIEFING
Capesize
After a week of value being eroded on the Capesize market, Friday brought improved sentiment across most of the routes. The 5TC averag ...
Monday, 25 November 19
KOWEPO INVITED 6.79 MILLION TONS OF (SUB)BITUMINOUS STEAM COAL BIDS
COALspot.com: South Korea’s Korea Western Power Co., Ltd. (KOWEPO) has issued an international tender for 6,798,000 tons of coal for 5 years ...
Friday, 22 November 19
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 22 November 19
FORTY PERCENT OF ADARO'S COAL SALES VOLUME IN 9M19 GOES TO THE SOUTHEAST ASIA REGION
PT Adaro Energy Tbk released its consolidated financial statements yesterday, for the nine month period, ending September 30, 2019.
...
|
|
|
Showing 1271 to 1275 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
|
| |
| |
|
