We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 23 September 22
MARKET INSIGHT - INTERMODAL
 In view of the forthcoming winter, Europe is trying to escape from its energy (oil & gas) dependency from Russia to ensure energy abundance even after the banning of Russian oil delivered by sea, Russian refined products will be banned within Q1--2023 and crude oil will be banned in December 2022.
Prior further expanding on what is Europe's plan to tackle the energy crisis its important to explain that most of European countries are interconnected on a power grid, which allows energy traders / countries to buy and sell energy on the spot depending on their needs / forecast at that time. Without the Grid infrastructure the energy cost for million households the past year could have been considerably higher than what we've faced.
Last week Berlin moved with seizing the local refining unit of Rosneft in Schwedt, meantime their government is also working to nationalize Uniper SE, steps towards a direction to be more dependent and further control the energy production. Up to now we still haven't seen Russia's retaliation on that move.
Now European diesel buyers are stepping up, the Russian diesel still trades on a discount, but not at the discount traders were enjoying on May, i.e., $30pmt but anything between $6pmt to $10pmt for NEW and Med respectively. Worth mentioning that due to price backwardation (oil prices expected to be lower than the price if were supposed to be bought today) traders are still avoiding cargo stocking as their not adding any value on their books.
Russia to year still supplied 44% of the total diesel supply and Rosneft posted a 13$ rise in midyear profit.
The East CPP MR and LR market remains bullish, with MR's leading the race in Feast markets, at present the MR Pacific basket is averaging $67,000 pdpr. Moving to MEG and WCI market softens slightly but still very healthy rates for MR's and LR1's. 35KT SIKKA/JAPAN stand at $38,000 pdpr and TC5 55KT AG/JAPAN $54.593 PDPR.
MR Atlantic basket has significantly improved since early December with TC2 (37KT ARA/USAC OR WAF stands at $30,441 pdpr for USAC discharge and $35,676 pdpr for WAF. The Backhaul from USG performs poorly if compared to last week $13,598 pdpr and LR1 60KT ARA/WAF $36,000 pdpr.
While Europe is still working on keeping us from freezing the upcoming winter, many traders and government officials express their concerns on how we will manage to keep the engine running under these harsh conditions.
By Dimitris Kourtesis
Tanker 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.
|
|
Thursday, 13 October 22
OPEC DOWNGRADES CRUDE OIL DEMAND, AS WORLD ECONOMY ENTERS SLOWDOWN
Crude Oil Price Movements
The OPEC Reference Basket (ORB) declined m-o-m by $6.58 in September, or 6.5%, to average $95.32/b. Pressure from equ ...
Wednesday, 12 October 22
MARKET INSIGHT - INTERMODAL
Sale and Purchase activity during the first three quarters of 2022 has been remarkable.
Focusing only on Tankers and Bulkers, such v ...
Monday, 10 October 22
ENERGY TRANSITION BOOSTS GLOBAL LONG-TERM DEMAND FOR METALS - FITCH RATINGS
The energy transition will significantly increase demand for metals used in manufacturing of electric vehicles (EVs) and renewable power generation ...
Monday, 10 October 22
GLOBAL CEOS EXPECT IMPENDING RECESSION TO BE 'SHORT AND SHARP,' POLL SHOWS - CNBC
Global CEOs are anticipating a recession in the next 12 months, according to a new survey by professional services firm KPMG, which said more than ...
Thursday, 06 October 22
AUSTRALIA’S RESOURCES REVENUE TO HIT RECORD AMID UKRAINE CONFLICT - REUTERS
Australian resources and energy export earnings are forecast to jump 7% to a record A$450 billion ($290 billion) this fiscal year, bolstered by soa ...
|
|
|
Showing 211 to 215 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
|
| |
| |
|
