COALspot.com keeps you connected across the coal world
  • JUNE 2022 HBA FOR EXPORTS INCREASED BY 17.51% MOM, 104.36% YTM AND 222.84% YOY
  • JUNE 2022 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 323.91 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

Tuesday, 15 March 22
CHINA'S COAL OUTPUT GROWS TO STABILIZE MARKET SUPPLY - XINHUA
China’s coal market has seen growth in output since late February amid the country’s efforts to stabilize production and ensure supply, ...


Tuesday, 08 March 22
RUSSIA-UKRAINE CONFLICT ADDS IMPETUS TO ASIA'S ENERGY TRANSITION - IEEFA
Clean energy alternatives are a crucial hedge against future disruptions in global commodity markets   Russia’s invasion of Ukra ...


Tuesday, 08 March 22
THE HIGH COST OF INDONESIA’S DOWNSTREAM COAL PROJECTS IS UNDERESTIMATED - IEEFA
Three Indonesian ministries have come up with a DME purchase price of US$378/tonne fixed for 20 years compared to IEEFA’s US$601/tonne estima ...


Wednesday, 02 March 22
SHIPPING MARKET INSIGHT - INTERMODAL
The escalating confrontation between Russia and Ukraine has the potential to disrupt global order and set the world back a few decades. While count ...


Tuesday, 22 February 22
THE DRY BULK MARKET HAS MOVED ON A POSITIVE TRACK - ALLIED
The dry bulk market has moved on a positive track as of the past couple of weeks or so. Following the typical softening in freight conditions durin ...


   3 4 5 6 7   
Showing 21 to 25 news of total 6550
News by Category
Popular News
 
Total Members : 27,851
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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