COALspot.com keeps you connected across the coal world
  • OCTOBER 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 51.00 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, 01 July 20
MARKET INSIGHT - INTERMODAL
IntermodalIt was beginning of 2020 – close to 6 months from now – when we first experienced the huge impact of the COVID 19 outbreak on Ship Repair sector.  At that time, in February 2020, COVID existed only in China, where almost all ship repair activities were frozen, just a few days after the first announcement from the Chinese government that the CNY will be postponed till 10th of February. From that day till today, the sector has been challenged in many ways, with different locations being affected every time and in various extents.
 
The virus spread flow, when was causing a lock-down in one region, the same time was overfilling with massive bookings for ship repairs these regions which were still able to offer such services. Initially, when China was isolated, both Singapore and Arabian Gulf faced a massive demand for drydock slots, which was much greater than what they were able to accommodate. A few weeks later, European and Turkish shipyards seized operations and China has slowly resumed its activities. Nowadays, while China has almost fully recovered from the shortage of the manpower, Singapore and Arabian Gulf are underperforming.
 
Owners throughout this period have left with fewer options for drydocking their fleet while at the same time must overcome some commonly found difficulties as described below. Due to the travel restrictions, worldwide, Owners do have the only option to attend remotely their ship drydocking. Repairs are being carried out with local superintendents, which are not familiar with Company’s operating norms, while control on the projects is slack with decision making very slow. In addition, by having only a few options from yards under operation, Owners have to eventually select a yard which is usually heavily loaded and, in some cases, do not match ideally to the project in terms of cost, quality or location.  A major problem during this time is the uncertainty of the situation during the planning phase. While for many projects, yard’s selection process is correct, when the vessel is arriving to the yard, the criteria may change, and new challenges need to be overcome. Last, source of local service engineers and unnecessary delays in delivery of spare parts are also a common problem to handle. An example describing the extent of the later one, in China, since oversees UTM engineers cannot travel; there is a severe shortage on local UTM companies forcing the competition against the ship Owners.
 
The greatest challenge is for specialized non-conventional vessels, being repaired in certain areas, where during certain lockdowns, Owners are left with no other options for carrying out their repairs.
 
Important to mention that COVID outbreak which has resulted to a severe drop in oil prices, has also narrow the price spread between high and low Sulphur heavy fuel oil. This has brought all future scrubber retrofit projects under a big question mark.
 
While considering the above, leaving ahead the second half of the year which will hopefully coincide with the time when the world will get the virus under control, it is expected to have another wave of ship repairs to fill again most of the yards. This peak is going to be extremely high considering the massive postponements on the repairs during the last 6 months. 
By Vassilis Vassiliou
Ship-repair 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

Wednesday, 07 October 20
MARKET INSIGHT - INTERMODAL
The challenges brought forward in 2020 proved to be very different from what we could have ever imagined. Together with placing a significant strai ...


Tuesday, 06 October 20
KOSPO TO IMPORT 80,000 MT OF 3,800 NCV COAL FOR 2H NOV
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 MT Min.3800 kcal/kg NCV coal 2H November, 2020 l ...


Friday, 02 October 20
THE INDONESIA COAL PRICE REFERENCE RISE AFTER HISTORIC CRASH TO US$ 49.42
COALspot.com: The Indonesia Coal Price Reference for the month of October Rise to US$ 51.00 after historic crash to US$ 49.42 in September 2020. ...


Friday, 02 October 20
SRI LANKA MUST LEARN LESSONS FROM AROUND ASIA TO AVOID FURTHER ELECTRICITY CRISES - IEEFA
Overcommitment to fossil-fuelled power generation is leading to excess capacity and rising capacity payments, subsidies, and tariffs around the con ...


Wednesday, 30 September 20
MARKET INSIGHT - INTERMODAL
Spot rates for Capesize bulk carriers received a significant boost last week, however, there are certain reservations in the market regarding the p ...


   2 3 4 5 6   
Showing 16 to 20 news of total 6118
News by Category
Popular News
 
Total Members : 27,133
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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