We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 16 September 20
MARKET INSIGHT - INTERMODAL
 Another active week in terms of SnP has concluded in the dry bulk market with a diversified array of transactions recorded. Despite the correction in dry trade freight rates, there is still ample purchasing appetite displayed from interested parties, while vessel values – more or less – remain stable.
In the Capesize front, clients of Berge Bulk are linked to the purchase of BWTS fitted ‘Cape Fushen’ 178k/2008 (SWS, China) at $13.8m, a price slightly lower than last done. Greek buyers which are clients of Polembros are reported to have picked up another Post Panamax bulker, namely the ‘Double Paradise’ 95k/2011 (Imabari, Japan) for $15.5m and it is BWTS fitted. In the Panamax sector, the ‘Priscilla Venture’ 77k/2008 (Oshima, Japan) is reported to be sold at $11.35m to Greek buyers which are clients of Franco Compania Naviera. The price is slightly firmer than what the ‘Agri Marina’ 77k/2008 (Shin Kasado, Japan) obtained in end July dates at $10.8m, albeit with an inferior survey position.
Nisshin Shipping are continuing their disposal of assets and this week are reported to have committed on subjects their BWTS fitted TESS 58 ‘Western Seattle’ 58k/2014 (Tsuneishi Zhoushan, Japanese affiliated) for $14.5m. Nisshin have also recently sold sister vessel ‘Western Honolulu’ at $14.2m to Greek buyers.
Activity in the tanker sector was less robust with few reported sales. Middle Eastern buyers which are clients of Marshal Shipping are linked to the purchase of VLCC ‘ADS Stratus’ 299k/2002 (Hitachi, Japan) for $25.5m which is higher than the last done. Moreover, Avin are reported to have sold a couple of older Suezmax tankers namely ‘Kriti Spirit’ 160k/2000 & ‘Kriti Sfakia’ 160κ/2000 (Daewoo, S. Korea) to Russian buyers at around $14.4m each. The aforementioned price appears in line with the sale of Sonangol Kizomba 159k/2001 (Daewoo, S. Korea) which was sold for $16.5m to Middle Eastern buyers in August.
With regards to the dry sector, SnP activity is likely to remain robust in the near future if the assumption that rates will remain at relatively “healthy” levels is undertaken. A number of ships are currently being inspected with numerous buyers showing interest; therefore, this may be indicative of significant sales volumes materializing at least during the immediate weeks ahead. In the tanker realm, speculation of an increase in storage trade may prompt buyers to up their game soon. Increased interest from potential investors in older crude tankers is also being observed.
By Vasilis Moiris
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.
|
|
Thursday, 06 August 20
SUPRAMAX MARKET CONTINUED SIDEWAYS TREND, AND LITTLE INSPIRING NEWS APPEAR - FEARNLEYS
Capesize
There is presently a small correction in rates, but overall levels are up from previous week mainly due to increased demand in the Eas ...
Thursday, 06 August 20
KOREA SOUTH-EAST POWER INVITING BIDS FOR MIN 3,600-MAX 3,800 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) inviting bids for 80,000 Tons (MT) Min 3,600~Max 3,800 kcal/kg NCV coal f ...
Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors t ...
Wednesday, 05 August 20
AUGUST 2020 HBA HITTING ITS LOWEST LEVELS IN HISTORY
COALspot.com: The Indonesia Coal Price Reference for the month of August plunged 30.73% YoY, hitting its lowest levels in history and highlighting ...
Wednesday, 05 August 20
SLUMP IN OIL REVENUE CHALLENGES MIDDLE EAST OIL EXPORTERS - INTERMODAL
The Covid-19 pandemic has had far-reaching consequences on the global capital markets. Despite the US government’s efforts for a quick and de ...
|
|
|
Showing 841 to 845 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- The University of Queensland
- Planning Commission, India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
|
| |
| |
|
