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

Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...


Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...


Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...


Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.   The cou ...


Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...


   2 3 4 5 6   
Showing 16 to 20 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 ...

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