We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 09 September 20
MARKET INSIGHT - INTERMODAL
The uneventful summer lull which is coming to an end soon has left its stigma on the newbuilding market, which has already been devastated by the global social and economic effects of Covid-19 pandemic during the first half of 2020.
The newbuilding sector has been rather discouraging in terms of its activity levels over the past summer lull period of time. Over the past summer months, the asset investment decision between purchasing a newbuilding versus a modern secondhand dry bulk vessel has been illustrated. Owners are inclined to choose respective modern ships owing to the lucrative price discounts on display over pricey, time and capital intensive newbuildings. Both vessel investments do not differ significantly in terms of operational efficiencies. Sectoral newbuilding analysis has shown that dry bulk vessel orders remained at significant lows over the past summer months whereas tanker candidates (especially MR and clean product vessels) monopolized the global vessel orderbook with volumes however being at low levels.
Owners are not able to pin down their future green fleet-composition strategies adding an extra burden on shipyards which are already struggling to stay afloat during the pandemic. The shipping industry’s “divided” view on the commercial and long-term implementation feasibility of eco-friendliness and sustainability is causing concern and investment ambiguity. The key rationale behind this uncertainty is that there is a need to promote decarbonization in shipping by reducing its carbon footprint. This will be achieved through the further digitization of vessels and their navigation technologies. Current eco-friendly alternatives in shipping include LNG-fueled vessels & carrier of ammonia, alternative propulsion fuels and batteries. The path towards greener shipping is non-trivial and most definitely non-obvious. Therefore, this cloud of uncertainty regarding eco-friendliness has adversely impacted newbuilding orders.
This widespread scepticism is more than justified when taking the example of scrubbers into consideration. Up to now scrubber installations have simultaneously seen a decent amount of praise and criticism. Scrubbers have not yet been proven to be environmentally friendly and their exact effects on the environment remain to be seen. In the end of 2019, the low Sulphur to high Sulphur fuel oil price differential was over $350/ton, which rendered the decision to install scrubbers an intuitive one. However, with the differential falling to below half the aforementioned value, scrubber adoptions have seen a rapid cessation, and this has adversely impacted the respective investor sentiment for eco-friendly newbuildings further.
The last quarter of the year is ahead us, however the economic fundamentals remain weak and poised towards a bleak year over year newbuilding orderbook. The soft freight market activity in both the dry bulk and tanker sector coupled with the aforementioned necessity for environmentally friendly adoptions have pushed potential newbuilding investors to the sidelines. This new reality, has intensified the competition among shipyards for the less available newbuilding order market share. Nonetheless, in every crisis there is always a story silver lining which in the newbuilding front is depicted by the smiles of owners who are destined to see a substantial overall fleet supply decrease with the current year contracting activity being analogous to the 2017 very low levels.
By Yiannis Parganas
Market Analyst
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.
|
|
Wednesday, 25 November 20
MARKET INSIGHT - INTERMODAL
Over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being marketed at an afforda ...
Friday, 20 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Thursday, 19 November 20
MARKET INSIGHT - INTERMODAL
As we are moving towards the end of the year, the overall deal landscape of the dry bulk sector corresponding to the second half of 2020 (up to dat ...
Tuesday, 17 November 20
COAL SQUEEZE INTENSIFIES - BALTIC EXCHANGE
The message from the top is clear: cut out coal. While the regulatory pressure has been evident for some time, the race to banish the black stuff s ...
Tuesday, 17 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.35 PCT - XINHUA
China Taiyuan coal transaction price index stood at 128.72 points Monday, up 0.35 percent week on week.
The index, released by China ...
|
|
|
Showing 731 to 735 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Australian Coal Association
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
|
| |
| |
|
