We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 16 January 19
SHIPPING MARKET INSIGHT - INTERMODAL
 As we go through the first days of the year and just a few weeks before the Chinese New Year, the ship repair sector is witnessing a big difference between the current workload and the one expected a few months down the line. Indeed, shipyards around the world are going through a relatively slack beginning of the year, which includes also includes backlog from the end of 2018, while at the same time they are expecting the start of one of the busiest periods for ship repair sector within the next couple of months. The workload, which is anticipated to be well above the working capacity of yards, is estimated to last till mid-2020.
After almost 4 years of recession in ship repair sector, we are looking at an obvious upturn which is going to pencil a full year and a half of clear benefit to the shipyards. Additionally, shipyards are looking into allocating their work force into the most efficient way, securing the slots for repeated customers and trying to select projects which will give them maximum returns.
Knowing that the boosting factor for the booming repair market derives from the scrubber retrofit wave, the main challenges for the yards are the specialized piping workforce required and of course the long-lasting occupancy of shipyard’s berthing facilities. With regards to the piping workforce, respective certified pipe workers with relatively adequate workmanship are required in order to ensure the success of the respective project. If this requirement is not met, Owners will most likely face delays during installation and post refit malfunctions.
While accessing the overall trend for scrubber retrofits, demand for further retrofits has slowed down, with the number of owners investing in retrofits pretty much defined. Owners that have already purchased scrubber units are those giving almost the full picture of the current scrubber market, which is not likely to expand a lot. Nevertheless, those Owners already involved are still considering
retrofitting more of their ships based on speculation or charterer demands.
Once more, projections in regards to the fuel price spread are also highly diversified. Following the conservative side, some predict the fuel spread price will become more and narrower. The one thing that hasn’t changed is the commitment made by Oil Majors that they will be ready by 2020, but without disclosing the exact technicalities on how they will achieve a stable fuel. This is adding into the uncertainty in regards to the range of the fuel price spread.
After the decision of the Singaporean and Chinese port authorities to not accept open loop scrubbers, another option Owners are taking into consideration is the hybrid or closed loop scrubbers. However, with hybrid scrubber retrofits being a much more expensive solution when it comes both to OPEX and CAPEX compared to open loop, Owners are trying to avoid this more complicated and expensive investment. A good choice for Owners remains the hybrid-ready scrubbers, which can be converted to hybrid in case of need but initially are planned to be used as open loop, having this way all the advantages of the open loop.
By Vassilis Vassiliou
Ship-repair Broker
Compiled by:
Intermodal Research & Valuations
Analysts:
Ms Eva Tzima
George Panagopoulos
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.
|
|
Tuesday, 08 January 19
GLOBAL TRADE GROWTH EXPECTED TO REMAIN AT HEALTHY IN 2019 - ALLIED
2019 is here and we find ourselves with new challenges for the shipping industry and the global economy as whole, with market prospects being neith ...
Monday, 07 January 19
THE NEWCASTLE BENCHMARK SPOT PRICE IS FORECAST TO DECLINE FROM AN ESTIMATED AVERAGE OF US$105 A TONNE IN 2018 TO US$74 A TONNE IN 2020 - DEPARTMENT OF INDUSTRY, AUSTRALIA
• The Newcastle benchmark spot price is forecast to decline from an estimated average of US$105 a tonne in 2018 to US$74 a tonne in 2020, prim ...
Monday, 07 January 19
INDONESIAN GOVERNMENT DECLARED COAL BENCHMARK PRICE FALLS FOR FIFTH STRAIGHT MONTH IN JANUARY 2019; LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 07 January 19
RUSSIA'S COAL PRODUCTION UP 5.9% TO 433.4 MLN TONNES IN 2018 - TASS
Coal production in Russia in 2018 increased by 5.9% year-on-year to 433.4 mln tonnes, according to the Central Dispatching Department of Fuel Energ ...
Friday, 04 January 19
FOCUS IS ON BOOSTING COAL PRODUCTION: INDIAN COAL MINISTER
The current focus of the government is on boosting production from operational coal mines, according to Minister for Coal, Piyush Goyal.
...
|
|
|
Showing 1501 to 1505 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- MS Steel International - UAE
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
|
| |
| |
|
