We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 04 August 21
MARKET INSIGHT - INTERMODAL
 Unlike the Dry Bulk and Container sectors where freight rates have surged into 2021, the tankers market continues to experience lackluster earnings hovering at the bottom of the cycle according to analysts’ consensus, as the oil and products inventories destocking cycle is coming to an end.
Tankers Sale & Purchase transactions in number of vessels have underperformed those in dry and containers, however asset values have appreciated regardless, as expectations for a recovery tracking oil demand growth and elevated steel prices have disconnected asset values from the freight market. We expect the trend to continue in the coming months, with further asset value appreciation particularly if a market recovery takes place before the end of the year. Last but not least, over the past two months, we observe tanker deals to be concentrated on the products tonnage, with MRs attracting increased interest.
Below we present a brief overview of the S&P transactions that took place since Q2 2021 up to late July 2021.
During April 2021, more than 50 deals took place in the Tanker sector. Aframax tankers contributed close to 36% of the total deals whilst around half of them were in the 5-year-old mark up to resale. MR Tankers (including Handysize vessels) were responsible for an around 23% of the entire deal landscape whilst VLCCs hold a slightly bigger proportion; most of them in both segments were older than 10-year-old. Finally, Panamax and Suezmax vessels were the less preferable holding less than 15% of the recorded deals.
During May 2021, transactions decreased by at least 50% compared to April 2021. The deals were equally distributed across all segments with circa 5 vessels corresponding to each one. It should be noted that most of the vessels that changed hands were older than 10 years.
In June 2021, we witnessed a further reduction in the number of transactions by an additional 50% comparing to May 2021 with slightly more than 10 deals taking place; half of the vessels that changed hands were MR tankers.
During July 2021, contrary to the past couple of months, transactions increased close to the number that was recorded the fifth month of the year. The deals were congregated in the MR, Aframax and VLCC segment with a rather equal number of vessels to each one whilst Panamax and Suezmax vessels were again the less preferable.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 27 August 21
THE ECONOMICS OF INDONESIA’S DIESEL POWER PLANT TO GAS CONVERSION PLAN ARE PROBLEMATIC - IEEFA
Deploying new small-scale LNG is an uphill battle for PGN
Indonesian gas is currently in a precarious position, where the government needs to ...
Thursday, 26 August 21
INDIA IMPORTED 17.06 MLN TONNES OF LPG IN 2020; UP 11.5% Y-O-Y
Global LPG trade remained fairly positive in 2020, despite the global economic impact from COVID-19, and surged strongly in the first half of 2021. ...
Thursday, 26 August 21
MARKET INSIGHT - INTERMODAL
24th of August 2021, the Baltic Dry Index reached 4,201, a YTD high and the highest since May 2010.
Cape 5TC daily average @ 51,472
...
Tuesday, 24 August 21
COAL PRICE RALLY TO PRESSURE CHINESE POWER GENCOS’ MARGINS FITCH RATINGS
Fitch Ratings expects the pressure on Chinese power generation companies’ (gencos) profit from the recent coal price surge to weaken their cr ...
Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says i ...
|
|
|
Showing 496 to 500 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Parliament of New Zealand
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- The University of Queensland
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
|
| |
| |
|