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, 23 September 20
MARKET INSIGHT - INTERMODAL
IntermodalUndoubtedly, this year (ongoing) will never be forgotten because in a matter of months it has managed to severely affect and shape our day to day personal and professional lives. All industrial markets have been influenced by the coronavirus pandemic and the tanker market is no exception. The spread of COVID-19 coupled with the IMO 2020 regulations have caused noticeable fluctuations in bunker prices and trading habits. On the 6th of January, VLSFO prices in Fujairah were as high as USD 790/mt and fell to below USD 200/mt in a mere 3-month period. WTI followed a similar pattern as it hovered at just above USD 60/barrel in early January and saw “negative” rates on the 20th of April; it has never fully rebounded (to date) back to its to pre-lockdown price levels. Oil trading houses took conservative approaches in minimizing their risk exposures owing to the mounting uncertainty and investor ambiguity that had resulted from the initial COVID-19 outbreak. Many projects were paused while trading activity was kept to a minimum. 
 
The trading lag created an environment that allowed for contango opportunities; many traders/oil majors attempted to capitalize on this by securing VLCC/Suezmax vessels for T/C periods of up to 6 months. Due to the oil surplus in the market, shore tanks were nearing their maximum storage capacities and suppliers were keen to sell at low rates to ensure the continued and sound operations of refineries. The temporary shutdown and reopening of a refinery costs millions of dollars which places a rather hefty (almost unbearable) financial burden on the respective supplier. Throughout the period of the storage craze, some of the highest freight rates of the last decade were observed. Freights were boosted by a plethora of parameters such as market sentiment, bullish owners and prolonged wait times of ships during loading/discharging owing to the profound lack of storage.  
 
In general - with the exception of VLCC’s who have benefited from the overall increased demand for storage - crude tankers have not managed to improve their performance in the last 3 months. Aframax and Suezmax vessels are still committed to sluggish markets which are heavily affected by seasonal patterns. Historically, summer months were always depressed in terms of trading activity. However, current imminent fears of further regional/nationwide lockdowns are further weakening sentiment in the oil trade. On the clean side, we’ve seen tonnage lists with many prompt ships around loading areas with MR’s overcoming LR1’s. At the same time, LR2’s seem to be patiently waiting for MR’s to get busier, after which they expect to receive loading enquiries from charterers. On Monday we saw WTI & BRENT enter a steep fall, which may be a direct result of further country-wide imposed COVID-19 related restrictions due to the fear of another wave. On a more positive supply-side note, Libyan exports are now back on the table and are rumored to see increases of ca. 300%!
 
A glimpse of light is anticipated by owners as we move towards the end of the year. It is widely hoped that traders will push to complete their programs by the close of the year to meet their minimal annual objectives. Nevertheless, the uncertain atmosphere in the tanker sector is expected to project well into the fourth quarter; a potential coronavirus vaccine is the only factor which seems capable of “straightening out” the rather mixed present sentiment.

By Dimitris Kourtesis 
Tanker Chartering 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, 21 October 20
INDIA: THE COMMERCIALISATION OF COAL BLOCKS WILL BENEFIT THE ECONOMY - HINDU BUSINESS LINE
As the government of India receives 76 bids for 23 coal mines against the 38 up on auction, what does this commercialisation of coal block allocati ...


Wednesday, 21 October 20
MARKET INSIGHT - INTERMODAL
The second wave of COVID-19 is now a reality; offices are closing again, and stricter rules and regulations are being implemented in public spaces. ...


Tuesday, 20 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.82 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.49 points Monday, up 0.82 percent week on week.   The index, released by China ...


Tuesday, 20 October 20
BIMCO 'SHIPLEASE' TERM SHEET - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE The ever-growing importance of sale and leaseback transactions as an alternative to financing ships by way of loan, makes ...


Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000& ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6119
News by Category
Popular News
 
Total Members : 27,135
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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