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, 14 April 21
MARKET INSIGHT - INTERMODAL
IntermodalAfter a series of months where the dry bulk sector was attracting most of the buying interest, tankers SnP activity spiked in the previous weeks. Over the last week, prevailing buying interest in the wet sector continued to grow with the spotlight being on modern MRs and vintage VLCCs. A total of 8 deals were reported in the MR segment, the vast majority of which were built in South Korea and were less than 5 years old up to Resales, while a couple of them were built in Japanese yards aging around 10 and 20 years, respectively. In the VLCC segment more than a handful of S&P transactions were recorded with most of them being built in South Korean yards and more than half fitted with scrubbers while the whole S&P realm consisted of vessels aged above15 years.
 
In the NB market, with regards to the VLCC segment, during Q12021, around 25 orders were placed whilst all of them were in Korean shipyards, the highest figure since Q2-2015 when circa 30 vessels were ordered, but VLCC earnings were hovering above $40k/day vs the current negative BDTI TCE for VLCCs. The closest Q1 contracting levels were seen during the first quarters of 2014, 2015 & 2019 when around 15-20 orders were placed. Compared to Q12020, the figure is around 4 times higher while it represents around 60.0% of the total annual placed orders during 2020. For reference the VLCC current orderbook accounts of approx. 96 vessels.
 
VLCC orders placed during 2021 up to date, were contracted for account of Greek, Korean, Malaysian and US based buyers, with Greeks holding a proportion slightly less than half of the total. Out of the 8 different parties that put these orders, 3 of them having recently sold their vintage tonnage are aiming for a fleet renewal while a couple of them are aiming at expanding their fleet. What is more, the rest 3 parties with an orderbook corresponding to around 9 vessels are newcomers into this segment. Although owners of such tonnage are struggling to confront the current low rates, their choice either in expanding/renewing their fleet or even entering this segment, is in fact a vote of confidence to the crude oil market and proves their high expectations. 
 
As for the other crude oil segments, new contracts have been relatively subdued compared to VLCCs and have come below the past 5 year average during Q1s. Regarding the MR segment, around 18 units were contracted, being the highest Q1 contracting figure since Q12014, when approx. the same number of orders was placed. 
 
Overall, as owners maintain a positive sentiment regarding the wet market and combined with an aging fleet, this tendency has led to an increased number of n/b orders by historical standards vs where the actual market stands, especially in the VLCC segment. However, tankers supply dynamics still look favorable over the next two years, as total orderbook as a % of the fleet continues to start at multiyear lows, with VLCCs orders below 10% of the fleet in dwt terms and below 9.0% for the rest of the crude segments.

By Mohamed Rabie, 
Research Analyst
 
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, 18 May 22
INDONESIAN COAL PRICE REFERENCE DROPPED 4.42% IN MAY
COALspot.com: Indonesian Coal Price Reference for May delivery drops 4.42 per cent month on month.   The Indonesian Coal Price Referen ...


Thursday, 12 May 22
MARKET INSIGHT - INTERMODAL
Almost through half of the year, the overall shipping market continues to show signs of healthiness, after plenty of festivities and holidays that ...


Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.   It followed Mainla ...


Tuesday, 26 April 22
CHINA'S APPETITE FOR BAUXITE HITS NEW RECORD AS Q1 IMPORTS JUMP 15.4% Y/Y - BIMCO
Bauxite shipments arriving in China hit new record levels in the first quarter of 2022 and grew at an average annual rate of 12.8% between 2017 and ...


Tuesday, 26 April 22
INDIA'S COAL IMPORTS ARE SHIFTING, THERMAL MORE THAN COKING - REUTERS
India’s coal imports are starting to reflect shifting world trade and pricing dynamics in the wake of Russia’s invasion of neighbouring ...


   1 2 3 4 5   
Showing 1 to 5 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 ...

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