We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
 Once 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.
|
|
Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
Wednesday, 04 March 20
CORONAVIRUS: A WILDCARD FOR BULKS DEMAND - WOOD MACKENZIE
The coronavirus is casting a shadow across commodity markets. It has undermined China’s economic sentiment, putting the country’s growt ...
Wednesday, 04 March 20
THERMAL COAL TO 'PHASE OUT', STRONG DEMAND FOR COKING COAL: PLATO - SYDNEY MORNING HERALD
Plato Investments managing director Don Hamson says Australian iron ore producers are set to benefit in the fallout from coronavirus as China will ...
Wednesday, 04 March 20
CHINA PROVINCE TO CLOSE 10 MLN TONNES OF COAL CAPACITY IN 2020 - XINHUA
Southwest China’s Guizhou Province plans to phase out 10 million tonnes of outdated coal production capacity by closing 80 coal mines in 2020 ...
Wednesday, 04 March 20
UKRAINE PRODUCED OVER 2.55 MLN TONNES OF COAL IN FEBRUARY - UKRINFORM
In February 2020, Ukraine produced over 2.55 million tonnes of coal, which is 0.2% less than planned.
The Coal Miners Union of Ukrai ...
|
|
|
Showing 1096 to 1100 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Australian Coal Association
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
|
| |
| |
|
