COALspot.com keeps you connected across the coal world
  • MAY 2022 HBA FOR EXPORTS DECREASED BY 4.42% MOM, AND 73.91% YTM AND 207.15% YOY
  • MAY 2022 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 275.64 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, 10 February 21
MARKET INSIGHT - INTERMODAL
Intermodal logoWe have just entered February, Chinese New Year holidays are about to start and the SnP market for bulkers is so hot as every seller would dream of. The increased buying interest was evident somehow during September to November of 2020 but that was not a surprise, as it is somehow a seasonal trend for the dry SnP market to be active during q4 of every calendar year. What we have not seen for a long time (maybe since December 2013) was non-stop activity during December and January.
 
And this is the interesting part now. Over the past 11 years, BDI during every January recorded losses to December of the previous year. On average over the above period, BDI has dropped by -26.0% during January, with Capesize leading the declines. This January was different, with BDI exhibiting a counter-seasonal increase to December (+33.3% m-o-m) for the first time since January 2009, when the index had increased by +21.7% m-o-m. This shift in seasonal dynamics was largely Capesize driven both in 2009 and now, with Cape 5TC in Jan 2021 reaching an all-time high for January and a 7 year high for any Q1 so far. 
 
Since the last week of January, BCI has been on a downward trend, with the Cape 5TC recently correcting below Panamax and Supramax, but still at relatively high levels for this time of year. With the BPI and BSI at multi-year high for this time of year at 1689 and 1149 points respectively (as of 8/feb) buyers appetite seems non-stop. Apart from Handysizes 28k to 32k dwt for which asset values increases are relatively lower, all the other sizes are getting significantly higher numbers. 
 
The Pana/Kamsarmax SnP market particularly has been very firm. In Sep 2020, Panamax MV ELENA II 06’blt with survey due in Q1,2021 concluded at low $8s million; in November, same age MV APOLO sold for low $9s mil basis survey due 01/2021 and just now the 06’ blt MV AJAX got low $10s mil again with surveys due promptly. We saw similar increases also in 12’ blt units with MV CORAL AMBER 78k dwt BWTS fitted getting mid-high $14s in December and sister ship CORAL AMETHYST without BWTS getting $16/low 16s mil by the end of January. For younger tonnage with electronic engines Japanese built we have not seen much activity, with the last being the sale of the MV SAKIZAYA NOBLE blt 17’ at $25.5m with balance of TC attached but clearly a potential buyer cannot repeat a deal at the same levels. Generally, the supply of such modern ships in the market has been limited for some time amid sellers holding back for much better numbers.
 
Moving on Capes, one notable sale is the MV Ocean Compass (180k/06’blt Japan), which sold in January 2021 at low 17s million, whereas in September the MV Lowlands Erica (176k/07’blt Japan) was sold for about $15m. As it is today, with the lack of many candidates openly in the market for sale and considering all the buying enquiries coupled with many unsolicited indications in attempt to develop private off-market candidates, we would not rule out further increase on prices if the earnings are maintained at the levels we see today. However, considering that the BCI is trading at $12,000/day currently and Panamax Tess 82 index is trading at $15,000/day, we believe that this can’t be maintained for too long and we hope that the CPI will rise and the long anticipated good market will become reality. 

By Costas Hardalis,
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.

Recent News

Tuesday, 15 February 22
IS ANOTHER COAL SHORTAGE CRISIS LOOMING OVER INDIA? - BUSINESS STANDARD
In December last year, the Federation of Indian Mineral Industries (FIMI) shot off a letter to the Prime Minister claiming that the coal crisis was ...


Tuesday, 15 February 22
THERMAL COAL'S RECORD PRICE RUN MAY END UP ITS OWN WORST ENEMY - REUTERS
The price of benchmark Australian thermal coal rose last week to trade near record highs, providing a short-term boost to producers but increasing ...


Thursday, 10 February 22
INDONESIA: COAL EXPORT BAN - SKULD
Indonesia's coal export ban in the light of force majeure and off-hire clauses In January 2022, Indonesia, the world's biggest exporte ...


Thursday, 10 February 22
EIA ANALYSIS CONSIDERS DIFFERENT OUTCOMES FOR COAL MARKETS IN INDIA AND SOUTHEAST ASIA
In our International Energy Outlook 2021 (IEO2021) Issues in Focus: Uncertainty in Coal Trade in India and Greater Southeast Asia, we analyze three ...


Wednesday, 09 February 22
OIL PRICES: "IT'S GOING TO BE VERY EASY" TO GET TO $100/BARREL, ANALYST SAYS - YAHOO FINANCE
Energy and oil prices have been on fire over the last six months — and expect them to go higher, says one analyst.   “For ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6547
News by Category
Popular News
 
Total Members : 27,808
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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