We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 18 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
 During the first week of September, I had the privilege of attending the Donsö Shipping Meet 2019, in Donsö, a small island of around 1, 500 inhabitants, in the Gothenburg southern archipelago.
DSM19 has been one of Sweden’s biggest shipping events (if not the biggest) with more than 2,000 visitors from 30 countries, 110 shipping companies and 300 exhibitors that all gathered in this small, car-free, island to discuss shipping related matters.
It was indeed a really interesting Conference / Exhibition with the agenda including challenging topics, covered by some very distinguished speakers. However, the two main take aways – from my side at least – were the following.
Shortage of personnel. As it happens in the Greek shipping sector, Sweden suffers from a local seafarers’ shortage. Whilst there is a separate campaign to attract young people into shipping, in DSM19 there was an event (in parallel with a recruitment fair) whereby around 2,200 young boys and girls visited the Exhibition, got on board a new eco tanker and had a full day of activities (including navigation simulation, fire drills etc). Of course, the youngsters were accompanied by teachers, career guidance counsellors and also the Swedish Minister of Education! I don’t know whether the Swedish government will ultimately succeed in tackling this problem; I don’t know what the employment alternatives for the young Swedish are either. What I do know is that looking at these 2,200 young people going in-out-around the ship on their rescue suits really gave me a positive view of the future.
Ship financing. At this DSM, there was for the first time a Financing Meet as well. Again, common with Greek shipping, I was surprised to listen to ship-owners arguing with their banks on who is a good owner to lend to and on when is the right timing to enter shipping / ship financing. Again, common to Greek shipping, the banks’ representatives admitted that their decision makers need to understand shipping better, but at the same time ship-owners need to understand how the financial markets work. It is therefore, once more evident that this is an international issue. The owners from one side stating that the conservative family businesses are the right ones to lend to and the banks replying with their usual Basel IV arguments. This is a debate dragging on for decades.
Perhaps, it’s about time the financial institutions agreed on a common checklist with their 10-15 common characteristics, which they believe constitute a solid shipping company and then communicate it. To get it a bit further, why not also seek for the opinion of the actual players of this game, i.e. the ship-owners. This would be ideal for both parties; the banks would hear the views of those who actually put the skin in the game and the ship-owners would have a far better understanding of where their financiers are coming from.
Both the above topics (crew shortage and debate between owners and banks) attracted my attention the most during the three days of the event, simply because these are the topics/issues that you will hear about whether you attend a conference in Singapore, Greece or in Donsö. In other words, these are well known problems that affect the shipping sector as a whole; problems that we should all act upon. Definitely, the young boys and girls with their blue DSM19 hats on was some light at the end of the tunnel!
By George Laios
Deputy CEO, Intermodal Group
Compiled by:
Intermodal Research & Valuations
Analysts:
Ms Eva Tzima
Mr.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.
|
|
Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
...
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
|
|
|
Showing 21 to 25 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Australian Coal Association
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Planning Commission, India
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- The University of Queensland
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
|
| |
| |
|
