We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 02 December 20
MARKET INSIGHT - INTERMODAL
 It has been another busy week in the dry bulk secondhand market; a healthy number of sales reported predominantly from Japanese owners while owner's buying interest remains at firm levels and on some occasions we feel that asset values are softening as we are approaching the end of the year in this challenging environment.
Starting with the Panamax segment, it was reported that Japanese owners have sold the M/V Shoyo (77,008dwt/2008 Namura, Japan built) at a price around USD 11,5 million basis special survey passed and BWTS fitted to Greek buyers. Comparably, in August the M/V Priscilla Venture (77,283dwt/2008 Oshima built) was reportedly sold at USD 11,35mill to Greek buyers as well.
As far as the Ultramax sector in concerned, Scorpio Bulkers are continuing their disposal of bulkers and they have announced the sale of four Ultramaxes; The M/V SBI Antares, M/V SBI Bravo, M/V SBI Hydra and M/V SBI Maya (61,000Ddwt/2015 NACKS, China built) have sold for USD 67.0m enbloc to clients of Hong Kong based owner, Pacific Basin. In addition, after the initial sale did not materialize, we are hearing now that the TESS 58 M/V Sea Melody (58,000dwt/2010 Tsuneishi Cebu, Japan built) which has BWTS fitted, has been committed to Greek buyers for a price at the range of USD 11.0 million.
On the tanker side, despite the fact that freight rates remain at very low levels, there is still some activity and older ships are still finding a new home. Modern ships are rare and as such they attract a lot of interest due to the fact that values are at low levels since the market drop.
It is being reported that Greek buyers clients of Pantheon Tankers have bought the M/T Jing Gang San (318,000dwt/2013 Shanghai Jiangnan, China built) for USD 45.2 million.
In the Clean carrier market, Japanese owners NYK have sold their second LR2 unit in recent weeks; the sale of the M/T Champion Prince (105.000dwt/2012 HHI, South Korea built) has materialized for a price at USD 24,5 million to Greek buyers. Last month, NYK have sold the sister vessel M/T Champion Princess reportedly for USD 25,5 million to Indian buyers which comes as evidence of the downward trend that the freight rates in the Tanker market have been following.
It appears that whilst buyers' appetite remains firm we should be able to report more transactions in the coming weeks as a number of ships will be inviting offers.
By Vasilis Moiris
SnP 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.
|
|
Monday, 17 July 23
APPROVED AMMONIA-FUELED CONTAINERSHIP - BENEFITS AND RISKS: REED SMITH
Following the news in Offshore Energy that Korea Maritime Consultants has secured approval in principle from the American Bureau of Shipping for it ...
Friday, 14 July 23
CLEAN COAL USE KEY TO DEEP CUTS IN EMISSIONS, STABLE ELECTRICITY SUPPLY - CHINA DAILY
China must push for the clean use of coal and step up integration of the dirty fuel with carbon capture, utilization and storage to achieve sustain ...
Thursday, 13 July 23
VIETNAM'S COAL EMISSIONS PRIMED FOR SURGE AFTER IMPORTS JUMP - REUTERS
Vietnam’s thermal power emissions are primed for a steep climb this summer after the country’s imports of thermal coal soared to their ...
Monday, 26 June 23
COAL PRODUCTION AND CONSUMPTION UP IN 2022 - EUROSTAT
In 2022, EU coal production and consumption continued to increase, reaching 349 million tonnes (+5% compared with the previous year) and 454 millio ...
Wednesday, 21 June 23
QATAR STRIKES SECOND BIG LNG SUPPLY DEAL WITH CHINA - REUTERS
Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a year, putting Asia clearly ahead i ...
|
|
|
Showing 91 to 95 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Baramulti Group, Indonesia
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
|
| |
| |
|
