COALspot.com keeps you connected across the coal world

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


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

Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity de ...


Tuesday, 05 April 22
INDONESIAN COAL PRICE REFERENCE HITS RECORD ABOVE $288
COALspot.com: Indonesian Coal Price Reference for April in a steep climb from March 2022.   As expected, Russia – Ukraine war dr ...


Thursday, 31 March 22
CHINA STATE PLANNER ASKS COAL INDEX PROVIDERS TO RECTIFY IRREGULARITIES - REUTERS
China’s state planner has asked some major coal price index providers to rectify “severe irregularities” it had identified in the ...


Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...


Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...


   65 66 67 68 69   
Showing 331 to 335 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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