COALspot.com keeps you connected across the coal world

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

Wednesday, 01 December 21
MARKET INSIGHT - INTERMODAL
Essentially, anyone involved in the shipping and commodity markets still struggle with commodity supply issues and skyrocketing prices in the conte ...


Tuesday, 30 November 21
CHINA'S TOP ECONOMIC PLANNER SUMMONS COAL PRODUCERS; LONG-TERM PRICING MECHANISM IS ADVISED - GLOBAL TIMES
China’s top economic planner the National Development and Reform Commission (NDRC) said on Monday that they summoned coal producers for a hea ...


Tuesday, 30 November 21
CHINA'S COAL PRICES PLUNGE AFTER GOVT SIGNALS MORE PRICE REGULATION - REUTERS
China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signaled further regulations for prices of the dirty pow ...


Friday, 26 November 21
AS COAL MARKET STABILIZES, CHINA STEPS UP NATURAL GAS SUPPLY TO MEET WINTER DEMAND - GLOBAL TIMES
The daily supply of natural gas in China has exceeded 1 billion cubic meters (bcm) since November began, up 11 percent year-on-year, data from stat ...


Friday, 26 November 21
CHINA FINDS COMPLIANCE PROBLEMS IN COAL PRICE INDEX PROBE - REUTERS
China’s state planner on Wednesday said it had discovered some “noncompliant” behaviour among coal price index providers as it an ...


   5 6 7 8 9   
Showing 31 to 35 news of total 6503
News by Category
Popular News
 
Total Members : 27,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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