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, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
|
|
|
Showing 16 to 20 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Australian Coal Association
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
|
| |
| |
|
