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

Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...


Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...


Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...


Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...


Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and bus ...


   3 4 5 6 7   
Showing 21 to 25 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 ...

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