We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 03 June 20
MARKET INSIGHT - INTERMODAL
 Once again shipping is about to venture into uncharted waters and before the challenges of the past decade are forgotten, shipowners will have to overcome new ones quickly and effectively not only to continue servicing their clients but also in order to move forward. While it is still uncertain if we are still in the Covid-19 era or in the post Covid-19 era, just like in every previous crisis there will be opportunities to be exploited.
Between mid-March and the end of April most countries where either in lock down or had just started coming out of it. As we all know the lockdowns around the globe affected the pace of the different supply chains, which effectively led to reduced volumes of transported cargo. Now that most restrictive measures have started to ease, trade volumes are expected to start picking up and if we also take into account the fact that billions in stimulus packages have been announced by the largest economies, there is a lot of speculation – and great anticipation- that the market will rebound at some point during the remainder of the year.
Some even believe that the momentum will be strong enough to eventually help overcome the challenges that the shipping market was facing prior to the Covid-19 crisis. Additionally, the fact that the presidential US elections are taking place in November means that the uncertainty that was already increasing prior to the lockdowns will eventually have to abate before the end of 2020.
It goes without saying that the effect of any government money poured into any economy will take time until it is truly felt but in terms of boosting sentiment it will help even at earlier stages and before the market starts to move up decisively.
That being said, shipowners should keep a close eye on asset values now and before the market takes off. Volatile times are not for the faint hearted but the reality is that that it is more conservative to invest during a bottoming market instead of buying a vessel when prices have already appreciated, not only because tonnage is priced more realistically but also because the downside in the first instance is much smaller.
Dry bulk asset values have been dropping for the last four months with limited SnP activity during the global quarantine period between mid-March and the end of April when a total of 25 transactions have been reported, exactly half of those that took place during the same period in 2019.
Theory differs from practice many times of course and one could argue that a “wait and see strategy” is a safer investing approach. One can wait as long as she or he desires but there are two facts that nobody can deny; asset prices are low and more cargo will sooner or later start to move. So if you were looking to invest it seems that the timing might be just about right.
By Timos Papadimitriou
SnP Broker
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.
|
|
Tuesday, 18 December 18
TOBA BARA ACQUIRES SHARES OF PT BATU HITAM PERKASA
PT Toba Bara Sejahtra Tbk, through its subsidiary PT Toba Bara Energi (“TBE”), has acquired shares ...
Monday, 17 December 18
SUPRAMAX THERE WAS STRONGER DEMAND FROM SOUTHEAST ASIA, WITH MORE COAL BEING SHIPPED - BALTIC BRIEFING
Capesize
A positive end to last week after a somewhat uncertain start as some gains made were eroded. Rates recovered later for West Australia/ ...
Monday, 17 December 18
SOUTH KOREA STATE-OWNED UTILITY KOREA EAST-WEST POWER CO. LTD ISSUED A TENDER FOR MAX 3.220 MILLION TONS OF 4200 TO 5900 NAR COAL
COALspot.com: South Korea state-owned utility Korea East-West Power Co. Ltd (EWP) issued a tender for max 3,220,000 Metric Tons of coal to be loade ...
Saturday, 15 December 18
COMING CHANGES IN MARINE FUEL SULFUR LIMITS WILL AFFECT GLOBAL OIL MARKETS - EIA
International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operat ...
Friday, 14 December 18
KOSPO INVITED BIDS FOR 320,000 MT OF LOW CALORIFIC VALUE COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,300 kcal/kg NCV coal per ...
|
|
|
Showing 1526 to 1530 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- The University of Queensland
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Parliament of New Zealand
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
|
| |
| |
|
