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.
|
|
Monday, 15 December 14
CFR SOUTH CHINA COAL SWAP LOST $3.37 M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3,37 (-5.33%) month over month and US$ 1.58 (-2.57%) ...
Monday, 15 December 14
Q1' 15 FOB NEWCASTLE COAL SWAP CLOSED AT $ 51.45 ON 12 DEC
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.45 per MT (-2.74%) closed at US$ 51.45 on 12 December month over ...
Sunday, 14 December 14
FREIGHT RATES ARE EXPECTED TO BE SOFT NEXT WEEK
COALspot.com: The Baltic Dry Index (BDI), a measure of commodity-shipping costs, fell 12.12 pct to 863 points week ending 12 December 2014.
Th ...
Friday, 12 December 14
LIMITED TRADING AND AN OVERSUPPLY OF TONNAGE PUSHED HANDY SIZE SHIPS TO DOWN IN USG
Handy
We have seen the TA spot market come down this week lead by limited trading and an oversupply of tonnage in the USG, Fearnleys said in its ...
Friday, 12 December 14
U.S WEEKLY COAL PRODUCTION UP 3.4% W/E DECEMBER 6
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.6 million short tons (mmst) of coal ...
|
|
|
Showing 3311 to 3315 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- MS Steel International - UAE
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- The University of Queensland
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
|
| |
| |
|
