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, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
IntermodalOnce again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost a given, the continuous decline in the dry bulk rates has stopped any ambitions owners might have had for SnP transactions.
 
With the American President announcing new tariffs on iron ore imports and his aspirations to strengthen the US steel industry, concerns are rising in the market. On the other hand, cause for concern is caused by China weakening after a number of years when the oversupply of raw materials as well as global trade as a whole were largely dependant on the growth of Chinese growth rates. Therefore, the only possible solution for the recovery of the shipping market is scrapping. Fortunately, the current scrap value for dry bulk carriers is around $430/ldt for small tonnage vessels up to $470/ldt for big tonnage vessels. Increasing scraping activity is a visible solution that could give a future boost in the dry bulk market. To put things into perspective, the first signs with regards to scraping for the q1 2019 are positive, together with a small decline in dry NB orders, when comparing in both markets with the q1 2018. 
 
The correction on values in the dry bulk market has created some expectations that we might witness the same levels in asset values as in 2016. However, the freight market is not at the same levels like 2016 and with the new regulations coming into force, this specific scenario does not look like it will be easily materialised, as the variables are vastly different. However it is worth analysing where the market currently stands in every segment.    
 
In the Capesize sector it is indicative that vessels of any age do not to have any buying interest, and last week we had the first sale of a capesize in 2019.
 
In the Panamax/Kamsarmax sector we are seeing a lot of interest especially from Greek buyers, for vessels build from 2004 to 2008, as they possibly anticipate a healthier freight market in the near future or are look to resell when the freight rates increase. A representative example is the Kamsarmax ‘YARRAWONGA’ (82,624dwt-blt ‘08, Japan) were around 10 potential buyers inspected without being sure if the vessel is going to be sold definitely.  
 
In the Supramax sector, we observe specific ship-owners showing interest into Japanese vessels, together with some Greek owners who consider selling their tonnage into more premium levels.
 
Lastly, over the past few weeks, the majority of sales were on the Handysize sector. It has been some time since we saw sales of Chinese vessels since the Carval deal where, even though it was an en-bloc deal, despite the minimal buying interest shown in the specific vessels, they were sold in line with the last done deal of December ‘BONNIE VENTURE’ (32,500dwt-blt ‘12, China).


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

Recent News

Wednesday, 30 September 20
MARKET INSIGHT - INTERMODAL
Spot rates for Capesize bulk carriers received a significant boost last week, however, there are certain reservations in the market regarding the p ...


Tuesday, 29 September 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.73 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.91 points Monday, up 0.73 percent week on week.   The index, released by China ...


Tuesday, 29 September 20
SHIPPING MARKET - ALLIED
Here we are, just a short breath before the final quarter of the year, and many are now debating to what extent we can really expect a firm dry bul ...


Tuesday, 29 September 20
INDONESIAN COAL COMPANIES' EARNINGS TO WEAKEN IN 2H20 - FITCH RATINGS
Rated Indonesian coal miners and contractors will have weaker operating and financial performances in the second half of 2020 than in the first, sa ...


Tuesday, 29 September 20
RUSSIA'S COAL PRODUCTION TO DROP BY 10.5% IN 2020, SAYS MINISTRY - TASS
Russia’s Economic Development Ministry projects a 10.5% decrease in coal production in the country in 2020 compared with last year to 395 mln ...


   153 154 155 156 157   
Showing 771 to 775 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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