COALspot.com keeps you connected across the coal world
  • JUNE 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 100.33 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, 07 April 21
MARKET INSIGHT - INTERMODAL
IntermodalFollowing the end of the catholic easter, during which the majority of shipping market participants were on holidays, it is interesting to note a few things about the SnP market behavior.
 
Interestingly, the dry secondhand market remained hot amid the holidays, with Handysize and Supramax sectors attracting the majority of buyers’ interest. Handysize in particular, have rebounded strongly both interest wise and asset value wise compared to past two years. In more than few cases, we have seen owners traditionally active in other asset classes turning their interest towards Handysize purchases.
 
Another sign of the shift in market dynamics is that we have been hearing more often about off market deals at firm levels; some buyers prefer to pay a premium either in order to avoid competition or because they believe that this premium will turn out to be the immediate asset value upside on the next day.
 
What is also impressive is that asset values of older vessels have increased at a faster pace and the differential to scrap value has widened since the beginning of the year. At the end of 2020, 20 year old vessels of any size were getting offers from buyers on a scrap value basis plus a small premium. For comparison, three months later we are seeing Panamax unit built in 2001 with SS / DD surveys passed and BWTS installed to fetch above USD 9.0 million - levels last seen for 20 year old Panamax units back in 2011 - surpassing the 2017/2018 momentum, when the market was on an upward trend and China had raised the floor with the CCS approval requirements. Naturally, asset values for older vessels have been further supported by the increase in scrap prices at multi year highs above $480/ldt over the past two weeks, after briefly retreating at $420/ldt earlier in February.
 
Looking into the tanker sector, we could say that secondhand interest has also started to increase over the past couple of weeks across all sizes. Of note is that a 10Y old LR2 attracted interest by 15 buyers inspecting it, with the majority being Greeks. We also saw increased buying interest on very modern MRs and 2 resale MRs built in China, being bought by European owners at 31.5 million. Could this be a precursor that the market has found its bottom and expectations start to turn positive? While the Suez Canal blockage certainly aided in lifting sentiment by providing a short freight boost to certain tanker segments, the outlook is expected to start improving fundamentally later in 2021, when refineries are expected to ramp up processing rates, following the destocking of oil products over the past several months.
By George Iliopoulos, 
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

Friday, 11 June 21
5 REASONS GLOBAL SHIPPING COSTS WILL CONTINUE TO RISE - ING
No short-term relief Shipping costs have been growing strongly since the autumn of 2020, but the first months of this year have seen a new surg ...


Friday, 11 June 21
ASIA COAL PRICES SURGE, BUT CHINA-AUSTRALIA DISPUTE MEANS RALLY IS UNEVEN - REUTERS
Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have don ...


Thursday, 10 June 21
INDONESIA COAL EARNINGS RECOVERY TO SLOW AFTER STRONG 1Q - FITCH RATINGS
Fitch Ratings expects the recovery in operating and financial performance of Indonesian coal miners and coal contractors to slow during rest of 202 ...


Thursday, 10 June 21
U.S. COAL PRODUCTION TO TOTAL 600 MMST IN 2021, 11% MORE THAN IN 2020 - EIA
EIA expects U.S. coal production to total 600 million short tons (MMst) in 2021, which is 61 MMst (11%) more than in 2020. The increase is dri ...


Wednesday, 09 June 21
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
The In-Person Maritime Event SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021  culminates successfully in Dubai Press Release: ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6321
News by Category
Popular News
 
Total Members : 27,459
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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