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
Thursday, 03 November 22
HANDYSIZE VALUES MOVING UP IN OCTOBER, WHILE LNG VALUES SKYROCKET - VESSELSVALUE
Handysize values have increased this month across most ages, following a period of decline. Values for generic 10 year old Handysizes have moved up by c.2% since the start of October to USD 16.70 mil.
 
Interest in the Handysize sector has led Bulker sale and purchase activity since the start of the month. 10 sales recorded so far in October, accounting for 30% of all Bulker transactions. 
 
Sentiment remains firm for this sector. Although rates have fallen from the highs seen earlier this year, they remain above average, with period rates for Handysizes continuing to outperform their larger counterparts. Spot rates for Handysizes are currently at 17,269 USD/day, compared to just 16,883 USD/day for a Capesize. Figure 2 shows the Bulker spot rates for each vessel type by earnings per day.
 
Notable sales include the Lodestar Pacific (33,400 DWT, March 2015, Shin Kochi) which sold for USD 19 mil to Evalend Shipping of Greece, VV value USD 18.65 mil. The Grikos (30,400 DWT, Jun 2006, Shikoku) sold to Greek buyers for 12.5 mil, VV value USD 11.5 mil.
 
LNG values skyrocket
LNG values have received a boost as earnings skyrocket once again, surpassing last year’s record breaking peak and rates have yet to reach a ceiling. At the time of writing, timecharter rates were at 440,927 USD/day according to the Baltic Exchange. High demand for LNG vessels, due to the energy demand and the conflict in Ukraine that cannot be met, combined with low fleet supply, has sent freight rates sky high.
 
As a result, LNG values have continued on their upward trajectory, with newbuilding prices for large LNG carriers up 20% year on year from USD 203.79 mil to USD 244.88 mil. As a result, the number of newbuilding orders placed is up c.92% from last year at 142 orders. Some of the main market participants have been MOL, NYK Line, Global Meridian and Knutsen OAS, ordering up to 15 vessels each so far this year.
 
Notable newbuilding orders this month include an en bloc order from Venture Global LNG for two 200,000 CBM vessels, scheduled to be built at Daewoo and delivered in 2026, contracted for USD 250 mil each.
 
TMS Cardiff Gas also added a further order to their newbuilding list for a Large LNG carrier of 174,000 CMB. This vessel is scheduled to be built at Hyundai Samho and delivered in 2026, contracted for USD 246.97 mil, VV value USD 246.35 mil.
Source: VesselsValue


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1.  The Australian and South African benchmarks have plummeted more ...


Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...


Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...


Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...


Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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