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, 05 August 15
DRY BULKER PRICES START TO FIRM UP AS MARKET SENTIMENT IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
PanamaxMarket pessimism in the dry bulk industry, a trend which had established itself over the course of the year, has started to fade away over the past couple of weeks. According to a recent report from shipbroker Allied Shipbroking, “in part, this has been due to things seemingly looking calmer on the geopolitical stage then they did several weeks back, yet this has played a relatively small and unimportant part in the grand scheme of the global dry bulk trade. Over the course of the last couple of weeks we have seen the freight market slowly finding its foothold, and gaining ground well above the lackluster levels it was receiving several weeks back”.

According to Mr. George Lazaridis, Head of Market Research & Asset Valuations with Allied, “this is not to say that there has been a complete reversal and that we are now finding ourselves in the midst of a bull market, yet it has been enough to inspire optimism amongst many in the market”. Mr Lazaridis noted that “during the first half of the year the intense rebalancing act of the fleet which has served as a purpose in keeping its growth rate in check and in line with the new “status quo” of global economic development has started to “bear fruit”. With the number of vessels available and trading in the market being held at a stead number, seasonal spikes in demand have emerged right in time to give a strong boost to freight rates that had been lingering for too long around or even below OPEX levels”.

Of course, “one might say that seasonality will fade and you will once again be left with a fleet which is much larger than required, yet in reality this seasonality has helped us buy some time as the growth in trade slowly creeps at its slower pace increasing demand to the extent that it be-comes in balance and at some point might even surpass tonnage supply once again (this all depending on if we can keep the fleet growth at a lower rate than growth in trade)”, Lazaridis noted.

He added that “all this having been mentioned before, what strikes of interest now is the way the sale and purchase market in the dry bulk segment has started to react to all of this. For over a month now we have seen prices hold at a level which they were unable to break below, partially due to the fact that there was also strong resistance in the newbuilding market and strong resistance from sellers themselves. With a significant amount of the downward pressure having been alleviate (as earnings are now at much healthier levels and many in the market are starting to hold the belief that we have passed the worst of the storm) the amount of buyer looking to buy at bargain levels has not only risen but has also started to get itchy fingers and become a bit more “trigger-happy” (as if they are in some sort of wild west movie)”.

According to Allied’s analysis, “this has started to become more so the case for some of the modern units especially in the Kamsarmax and Ultramax sectors, both of which are expected to feed of much better over the coming years from the increasing trade from India. In terms of reported transactions, we have yet to see this “eagerness” reflected in pricing. There has been however a stronger demand then what had been seen over previous months and buyers are now looking to be considerably more eager to compete for units that they inspect. This in turn, if supported by the market, should start to emerge in transactions that we will be seeing come to light towards the end of August to early September, however as is always the case and nevertheless if it hap-pens now or further down the line, buyers seeing the emergence of this trend will feel that they might have “missed the market” and depending on the number of buyers that feel the same, we would likely see another round of price hikes self-fed by new rounds of buying interest and over eagerness to compete. Let’s hope this time around some will a higher degree of self-refrain before prices have overshot once again”, Lazaridis concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News


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

Recent News

Wednesday, 05 August 15
SHIPPING MARKET INSIGHT - KATERINA RESTIS
On July 14th, 2015 a historical consensus was reached in Vienna between Iran and the five permanent members of the U.N. Security Council, plus Germ ...


Wednesday, 05 August 15
COAL CONSUMPTION POSTED THE STRONGEST GROWTH AMONG THE FOSSIL ENERGY SOURCES IN 2014 - VDKI
Coal 2014: again the world's fastest-growing primary energy source and an indispensable asset for the success of the energy turnaround. Ac ...


Wednesday, 05 August 15
FOB INDONESIA THERMAL COAL SWAPS FALL
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week. The 4Q swap was declined $ ...


Tuesday, 04 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO FALL DUE TO SLIDING DEMAND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week. The 4Q swap was down US$ ...


Tuesday, 04 August 15
SHIPPING CYCLES - A CHESS GAME YOU DON'T WANT TO LOSE - CLARKSONS
Ingmar Bergman’s classic movie The Seventh Seal is about a knight who, during the Black Death, challenges Death to a chess match, in the hope ...


   576 577 578 579 580   
Showing 2886 to 2890 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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