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Thursday, 19 November 20
MARKET INSIGHT - INTERMODAL
As we are moving towards the end of the year, the overall deal landscape of the dry bulk sector corresponding to the second half of 2020 (up to date), offers a further analysis when it comes to comparison with the first. Specifically, the table below illustrates that the S&P activity during the second half of 2020 has been significantly increased by 38% as to the first, with almost one and a half months remaining for further developments.
Approximately 35% of the SnP deals during this period took place within October, whilst July and September accounted for an equal and approximate 20% of the overall deal realm. As anticipated, the lowest activity levels have been detected during August with only 12% of the reported deals being occurred at that time. However, November comes with a downturn in the S&P activity which constituted 9% of the reported transactions up to date while we expect - under normal circumstances this proportion not to exceed the volume of October but it will be in similar levels to July and September.
Handysize and Supramax vessels remain best sellers totalling 56% of the reported sales. The already significant amount of Handysize sales increased by 10% compared to the first half while Supramax sales increased by 37%. It is worth mentioning that the sales corresponding to all the other segments have increased by excessive rates, with the exception of Panamax vessels whose S&P activity has dropped by 15%. Finally, 53% of all confirmed sales are related to Greek and Chinese buyers; 36% and 17% respectively.
Greek buyers were - as usual - involved in acquisitions across all segments and ages and they were responsible for 64%, 72%, and 42% of the Panamax, Kamsarmax, and Capesize vessels, respectively. However, they were mostly after 10-year-old vessels especially in the Handysize and the Supramax segment. Chinese buyers were behind many sales of 10-year-old Supramax, vintage Panamax, and modern Kamsarmax tonnage. The remaining S&P realm was filled by various Far and Middle Eastern buyers with the latter possessing a significant amount of purchases in the Ultramax tonnage.
Nevertheless, the spread of COVID-19 strained the S&P activity with crew changes in the usual delivery ports being ineffective thus despite the significant increase - in terms of deals during the last months, we anticipate that the overall secondhand transactions that will occur during 2020 will be at lower levels comparing to the last years similar to 2015.
By George Kallianiotis
Valuation Department
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.
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Friday, 23 February 24
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Monday, 19 February 24
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Showing 31 to 35 news of total 6871 |
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- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Parliament of New Zealand
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Australian Coal Association
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- McConnell Dowell - Australia
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