COALspot.com keeps you connected across the coal world
  • OCTOBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 161.63 A TON
  • OCTOBER 2021 HBA FOR EXPORTS INCREASED BY $11.60 MOM, $85.79 YTM AND $110.63 YOY

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, 08 September 21
MARKET INSIGHT - INTERMODAL
IntermodalLast August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness. The dry bulk index exceeded the 4,000 points mark on the 20th of August, a trend which followed an upward trajectory until the 27th of August when it reached 4,235 points. We are reminding you that the last time the dry bulk index exceeded the 4,000 points mark was back in May 2010 when the BDI reached 4209 points. 
 
Such an increase in the dry bulk freight market could not but affect the secondhand prices of bulker units which saw their values improve sharply within a short period of time, a trend which seems that has not yet stabilized; we see last done level of asset values being higher from their previous one.
 
As a result of the sharp freight market improvement and the significant surge in buying interest, secondhand values have doubled since the beginning of the year. For instance, in early 2021, the price of a 15 year old Japanese Supramax vessel was estimated at around $7.7-8.0 million with the current price indication at above $15.0 million. In line with the Supramax sector, 15 year old Japanese Panamax units were sold at around $10.0-11.0 million back in January 2021 with the current price being negotiated at around $19.0 million. 
 
However, Handysize asset appreciation during 2021 has been the most remarkable one. In recent years, the Handysize values and especially asset prices of the 28kdwt size were under significant pressure while even when the secondhand market enjoyed periods of recovery, price improvement of the Handysize vessels was lagging behind compared to their bigger counterparts. Yet, during 2021, the Handysize secondhand market has been extremely active with an outstanding price rise compared to the previous year values. For example, the price of a 15 year old Japanese 28kdwt Handysize unit during 2020 was estimated at around low $5.0 million while the current price of the same unit is estimated at a price of above $11.0 million.
 
This upward momentum has also positive affected the prices of the older ships; while interest for such vessels was almost muted, in 2021 we have seen several owners’ negotiating on units built from 1998 up to 2001 which has apparently pushed the price of the respective vessels upward as well. Of course, the price increase of these older units has been also impacted by the scrap prices which reached historical high levels during this year. 
 
The six million dollar question is always how long this trend will last and at what point of the shipping business cycle we are at the moment of writing. 

By George Iliopoulos
SnP Broker
 
Compiled by:
Intermodal Research & Valuations


Analysts:
Yiannis Parganas
Tamara Apostolou

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, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...


Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...


Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected   If India keeps installing solar capacity a ...


Saturday, 16 October 21
DESPITE HIGHER COAL PRICES, U.S. COAL RECOVERY LOOKS WEAK BY MOST MEASURES - IEEFA
U.S. coal sector is locked into a long-term sectoral decline Coal prices have surged to the highest level in years in the U.S., and have soare ...


Saturday, 16 October 21
COAL IS 'KING' AS GAS PRICES SOAR, TOTAL CEO SAYS - AND IT’S BACKFIRING ON CLEANER ENERGY GOALS - CNBC
Surging natural gas prices have led to a jump in coal use, with plants in Europe and Asia firing back up as temperatures decline and the world grap ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6427
News by Category
Popular News
 
Total Members : 27,597
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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