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, 07 June 19
KOEN INVITED BIDS FOR 1.87 MILLION TONS OF COAL FOR JULY - OCTOBER 2019 DELIVERY
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 1,700,000 to 1,870,000 Metric Tons ...
Wednesday, 05 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
The first semester of 2019 started as a fairly positive semester for the offshore sector whilst there was a recovery on crude prices, as well as a ...
Tuesday, 04 June 19
MARPOL ANNEX VI - SULPHUR CAP 2020 - DEMYSTIFYING THE FONAR - SKULD
KNOWLEDGE TO ELEVATE
Fuel Oil Non-Availability Report (FONAR) is primarily a discretionary tool for a Member State to lessen the breach of MAR ...
Monday, 03 June 19
SUPRAMAX: A 61,000 TONNER OPEN NORTH CHINA, FIXING A TRIP VIA INDONESIA, REDELIVERY SOUTHEAST ASIA AT $7,500 - BALTIC BRIEFING
Capesize
The market continued its steady ascent over the past week to improved levels. The TC average opened the previous week at $12,243 and c ...
Wednesday, 29 May 19
SHIPPING MARKET INSIGHT - INTERMODAL
Reflecting on the first quarter of 2019, the product tanker market was healthy, with average earnings significantly up compared to the first quarte ...
|
|
|
Showing 1391 to 1395 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- The University of Queensland
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Australian Coal Association
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
|
| |
| |
|
