We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 11 March 21
MARKET INSIGHT - INTERMODAL
 Assessing the ship repair sector during the first months of 2021, we have come across a new era in which Owners chose the shipyards to repair their fleet based on new parameters compared to the past. Now, COVID restrictions are already adapted and absorbed. Owners are familiar with the raising difficulties and are prepared to manage them.
Owners insist on keeping a very big variety of choices for their repairs in shipyards across the globe, which is assisting them to be protected from unforeseen COVID events. At the same time, they are making their final choice based on parameters which are different case by case.
Some Owners value travel restrictions first. They do want their office personnel to attend their drydocks. In those cases, they are avoiding areas where government approval should be granted for entering the country, and quarantine time are compulsory.
The same applies for specialized projects, where a lot of overseas Service Engineers are required, prompt mobilization when new issues arise and risk for the unforeseen should be kept minimum.
Shipping companies with big fleets have an advantage on those travel restrictions since they could maintain office personnel stationed abroad, where repairs are being carried out, saving quarantine time and travel costs for the superintendents. Other Owners, with more flexibility on who will attend their repairs and those with a relatively young fleet and reduced scope, are choosing based on the prices, vessel’s proximity to the yard, and best performance. Taking into consideration the improved freight for a specific type of vessels, minimum repair time counts, with the least risk of things getting out of control.
From the shipyard’s perspective, those yards specialized in conversions and with a big backlog of projects postponed from previous months, are currently facing a busy schedule, while they are choosing their projects to fit their available slots and manpower. Those are the shipyards less flexible on adjusting prices to the competition.
On the other hand, Chinese shipyards, representing the most popular choice for ship repairs, are facing a relatively slack program. The main reason is that the Chinese government is very strict in accepting foreigners and therefore most of the repairs must be carried out without office representatives. This restriction is keeping away all the Owners with complicated repairs where a lot of overseas service engineers should attend and only a skeleton office personnel could travel. In addition to that, the lack of massive conversion projects, such as scrubber retrofits we had a year ago, also worsen the situation, since yards are hardly exceeding their capacities. As a result, Chinese shipyards have become more competitive, trying to attract as many projects as possible, boosting the competition further. For Owners this a good chance of getting good service at a low cost.
Unfortunately, the bottom line is that with all the COVID restrictions in place, regulations, formalities, and quarantine time, there is a large amount of manpower for each ship repair wasted with superintendents, office reps, service engineers waiting standby or in quarantine or cancelled at last moment due to sudden changes. All of the above represent a big cost which instead of being invested on each ship is wasted unproductively.
By Vassilis Vassiliou,
Interyards
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.
|
|
Friday, 30 April 21
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 - BIMCO
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before t ...
Wednesday, 28 April 21
MARKET INSIGHT - INTERMODAL
Despite the current challenges as a result of the global pandemic, 2021 is turning out to be a landmark year for the iron ore market with spot pric ...
Monday, 26 April 21
CHINA TO FURTHER CUT COAL USE IN 2021 - XINHUA
China aims to reduce the share of coal in its energy mix to less than 56% this year, according to a guideline released by the National Energy Admin ...
Wednesday, 21 April 21
COAL FINANCING COSTS HAVE SURGED IN PAST 10 YEARS - UNIVERSITY OF OXFORD - THE GUARDIAN
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy p ...
Tuesday, 20 April 21
US DOLLAR LIBOR TRANSITION IN ASSET FINANCE - WHERE ARE WE NOW? - WATSON FARLEY & WILLIAMS
Since our last article, there has been a raft of regulatory and market body announcements relating to the transition away from LIBOR and the follow ...
|
|
|
Showing 591 to 595 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Planning Commission, India
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
|
| |
| |
|
