COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 03 November 22
HANDYSIZE VALUES MOVING UP IN OCTOBER, WHILE LNG VALUES SKYROCKET - VESSELSVALUE
Handysize values have increased this month across most ages, following a period of decline. Values for generic 10 year old Handysizes have moved up by c.2% since the start of October to USD 16.70 mil.
 
Interest in the Handysize sector has led Bulker sale and purchase activity since the start of the month. 10 sales recorded so far in October, accounting for 30% of all Bulker transactions. 
 
Sentiment remains firm for this sector. Although rates have fallen from the highs seen earlier this year, they remain above average, with period rates for Handysizes continuing to outperform their larger counterparts. Spot rates for Handysizes are currently at 17,269 USD/day, compared to just 16,883 USD/day for a Capesize. Figure 2 shows the Bulker spot rates for each vessel type by earnings per day.
 
Notable sales include the Lodestar Pacific (33,400 DWT, March 2015, Shin Kochi) which sold for USD 19 mil to Evalend Shipping of Greece, VV value USD 18.65 mil. The Grikos (30,400 DWT, Jun 2006, Shikoku) sold to Greek buyers for 12.5 mil, VV value USD 11.5 mil.
 
LNG values skyrocket
LNG values have received a boost as earnings skyrocket once again, surpassing last year’s record breaking peak and rates have yet to reach a ceiling. At the time of writing, timecharter rates were at 440,927 USD/day according to the Baltic Exchange. High demand for LNG vessels, due to the energy demand and the conflict in Ukraine that cannot be met, combined with low fleet supply, has sent freight rates sky high.
 
As a result, LNG values have continued on their upward trajectory, with newbuilding prices for large LNG carriers up 20% year on year from USD 203.79 mil to USD 244.88 mil. As a result, the number of newbuilding orders placed is up c.92% from last year at 142 orders. Some of the main market participants have been MOL, NYK Line, Global Meridian and Knutsen OAS, ordering up to 15 vessels each so far this year.
 
Notable newbuilding orders this month include an en bloc order from Venture Global LNG for two 200,000 CBM vessels, scheduled to be built at Daewoo and delivered in 2026, contracted for USD 250 mil each.
 
TMS Cardiff Gas also added a further order to their newbuilding list for a Large LNG carrier of 174,000 CMB. This vessel is scheduled to be built at Hyundai Samho and delivered in 2026, contracted for USD 246.97 mil, VV value USD 246.35 mil.
Source: VesselsValue


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 18 November 22
REALITIES OF LOI LIABILITIES - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE The cargo misdelivery claim in Trafigura Maritime Logistics Pte Ltd v. Clearlake Shipping Pte Ltd (Miracle Hope) [2022] E ...


Tuesday, 15 November 22
CHINA SEES RISING COAL STORAGE AMID SUPPLY PUSH - XINHUA
Coal stockpiles at China’s power plants have seen considerable increases, ensuring energy supply for the winter, the country’s energy r ...


Tuesday, 15 November 22
SEABORNE THERMAL COAL PRICES START TO EASE, BUT PROCESS IS UNEVEN - REUTERS
Prices for seaborne thermal coal have started to drop as fears of a winter energy crunch ease, but the rate of decline has varied across the differ ...


Thursday, 10 November 22
INDIA: THERMAL PLANTS HAVE ADEQUATE COAL STOCKS AT 25.6 MILLION TONNES, SAYS GOVT - IANS
The coal stock with domestic dry fuel-based power plants, as on October 31, was 25.6 million tonnes, the government said, adding that the availabil ...


Tuesday, 08 November 22
OUTLOOK ON CHINA’S WEAKENED BASIC MATERIALS SECTOR CLOUDED BY POLICY SWINGS - FITCH RATINGS
Fitch Ratings expects basic materials demand in China to improve qoq in 4Q22, driven by seasonally higher construction activity, solid infrastructu ...


   37 38 39 40 41   
Showing 191 to 195 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • PetroVietnam
  • Cardiff University - UK
  • Bank of China, Malaysia
  • Bayan Resources Tbk. - Indonesia
  • J M Baxi & Co - India
  • Kartika Selabumi Mining - Indonesia
  • Petrosea - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • TRAFIGURA, South Korea
  • Ambuja Cements Ltd - India
  • WorleyParsons
  • Kumho Petrochemical, South Korea
  • Gresik Semen - Indonesia
  • Indonesian Coal Mining Association
  • GNFC Limited - India
  • Medco Energi Mining Internasional
  • Permata Bank - Indonesia
  • Coaltrans Conferences
  • Indian School of Mines
  • TeaM Sual Corporation - Philippines
  • Indo Tambangraya Megah - Indonesia
  • Australian Commodity Traders Exchange
  • Glencore India Pvt. Ltd
  • Clarksons - UK
  • JPower - Japan
  • Banpu Public Company Limited - Thailand
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Gupta Coal India Ltd
  • Energy Development Corp, Philippines
  • Rudhra Energy - India
  • Toyota Tsusho Corporation, Japan
  • Arch Coal - USA
  • Panama Canal Authority
  • Malco - India
  • Kalimantan Lumbung Energi - Indonesia
  • Semirara Mining Corp, Philippines
  • NALCO India
  • Coal and Oil Company - UAE
  • Power Finance Corporation Ltd., India
  • SMC Global Power, Philippines
  • Goldman Sachs - Singapore
  • Infraline Energy - India
  • London Commodity Brokers - England
  • Oldendorff Carriers - Singapore
  • Mitra SK Pvt Ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • McKinsey & Co - India
  • Asmin Koalindo Tuhup - Indonesia
  • Star Paper Mills Limited - India
  • Kideco Jaya Agung - Indonesia
  • Uttam Galva Steels Limited - India
  • Indorama - Singapore
  • Inspectorate - India
  • MS Steel International - UAE
  • Petron Corporation, Philippines
  • Core Mineral Indonesia
  • Runge Indonesia
  • IBC Asia (S) Pte Ltd
  • Orica Mining Services - Indonesia
  • SGS (Thailand) Limited
  • Tanito Harum - Indonesia
  • Vale Mozambique
  • Australian Coal Association
  • Posco Energy - South Korea
  • Savvy Resources Ltd - HongKong
  • SASOL - South Africa
  • Pinang Coal Indonesia
  • Binh Thuan Hamico - Vietnam
  • LBH Netherlands Bv - Netherlands
  • Asia Cement - Taiwan
  • Wood Mackenzie - Singapore
  • Madhucon Powers Ltd - India
  • Cosco
  • Surastha Cement
  • Gujarat Sidhee Cement - India
  • Globalindo Alam Lestari - Indonesia
  • Xindia Steels Limited - India
  • Deloitte Consulting - India
  • Indonesia Power. PT
  • Kohat Cement Company Ltd. - Pakistan
  • Alfred C Toepfer International GmbH - Germany
  • MEC Coal - Indonesia
  • IEA Clean Coal Centre - UK
  • Merrill Lynch Commodities Europe
  • Mechel - Russia
  • CESC Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Bhoruka Overseas - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Samtan Co., Ltd - South Korea
  • Japan Coal Energy Center
  • Shree Cement - India
  • Georgia Ports Authority, United States
  • Total Coal South Africa
  • Electricity Generating Authority of Thailand
  • Deutsche Bank - India
  • Port Waratah Coal Services - Australia
  • Fearnleys - India
  • Ince & co LLP
  • Cemex - Philippines
  • Aditya Birla Group - India
  • GAC Shipping (India) Pvt Ltd
  • Commonwealth Bank - Australia
  • PLN - Indonesia
  • BRS Brokers - Singapore
  • Latin American Coal - Colombia
  • Sinarmas Energy and Mining - Indonesia
  • World Coal - UK
  • Enel Italy
  • Meenaskhi Energy Private Limited - India
  • Bhatia International Limited - India
  • Siam City Cement PLC, Thailand
  • Jaiprakash Power Ventures ltd
  • Bhushan Steel Limited - India
  • GMR Energy Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Coal Orbis AG
  • Xstrata Coal
  • Sakthi Sugars Limited - India
  • Mintek Dendrill Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Ministry of Transport, Egypt
  • Maybank - Singapore
  • Marubeni Corporation - India
  • Vedanta Resources Plc - India
  • Noble Europe Ltd - UK
  • Gujarat Mineral Development Corp Ltd - India
  • The Treasury - Australian Government
  • Central Electricity Authority - India
  • OPG Power Generation Pvt Ltd - India
  • Jindal Steel & Power Ltd - India
  • Humpuss - Indonesia
  • World Bank
  • Cebu Energy, Philippines
  • Mercator Lines Limited - India
  • Agrawal Coal Company - India
  • Samsung - South Korea
  • Straits Asia Resources Limited - Singapore
  • Wilmar Investment Holdings
  • Energy Link Ltd, New Zealand
  • Thriveni
  • bp singapore
  • GHCL Limited - India
  • Videocon Industries ltd - India
  • Kaltim Prima Coal - Indonesia
  • Independent Power Producers Association of India
  • Holcim Trading Pte Ltd - Singapore
  • KPMG - USA
  • Global Business Power Corporation, Philippines
  • Asian Development Bank
  • Billiton Holdings Pty Ltd - Australia
  • Directorate Of Revenue Intelligence - India
  • EIA - United States
  • Barasentosa Lestari - Indonesia
  • Iligan Light & Power Inc, Philippines
  • APGENCO India
  • Argus Media - Singapore
  • Kobexindo Tractors - Indoneisa
  • Credit Suisse - India
  • South Luzon Thermal Energy Corporation
  • PetroVietnam Power Coal Import and Supply Company
  • Economic Council, Georgia
  • Global Green Power PLC Corporation, Philippines
  • PowerSource Philippines DevCo
  • Bharathi Cement Corporation - India
  • TGV SRAAC LIMITED, India
  • Vitol - Bahrain
  • TNB Fuel Sdn Bhd - Malaysia
  • Baramulti Group, Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Indika Energy - Indonesia
  • Adani Power Ltd - India
  • Tata Power - India
  • Moodys - Singapore
  • JPMorgan - India
  • Peabody Energy - USA
  • Parry Sugars Refinery, India
  • Orica Australia Pty. Ltd.
  • Karbindo Abesyapradhi - Indoneisa
  • ASAPP Information Group - India
  • Intertek Mineral Services - Indonesia
  • San Jose City I Power Corp, Philippines
  • Mitsubishi Corporation
  • Grasim Industreis Ltd - India
  • TNPL - India
  • Ind-Barath Power Infra Limited - India
  • Price Waterhouse Coopers - Russia
  • Karaikal Port Pvt Ltd - India
  • Chamber of Mines of South Africa
  • ACC Limited - India
  • Thiess Contractors Indonesia
  • Larsen & Toubro Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • NTPC Limited - India
  • Salva Resources Pvt Ltd - India
  • Anglo American - United Kingdom
  • RBS Sempra - UK
  • Freeport Indonesia
  • Cement Manufacturers Association - India
  • IMC Shipping - Singapore
  • International Coal Ventures Pvt Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • Sucofindo - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Bulk Trading Sa - Switzerland
  • Coal India Limited
  • Borneo Indobara - Indonesia
  • Bangkok Bank PCL
  • Petrochimia International Co. Ltd.- Taiwan
  • globalCOAL - UK
  • SMG Consultants - Indonesia
  • Maersk Broker
  • Pendopo Energi Batubara - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • TANGEDCO India
  • GN Power Mariveles Coal Plant, Philippines
  • Russian Coal LLC
  • Krishnapatnam Port Company Ltd. - India
  • PNOC Exploration Corporation - Philippines
  • SRK Consulting
  • Vizag Seaport Private Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Minerals Council of Australia
  • Shenhua Group - China
  • Africa Commodities Group - South Africa
  • The University of Queensland
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • CNBM International Corporation - China
  • Geoservices-GeoAssay Lab
  • Semirara Mining and Power Corporation, Philippines
  • IHS Mccloskey Coal Group - USA
  • Coalindo Energy - Indonesia
  • Mjunction Services Limited - India
  • Ernst & Young Pvt. Ltd.
  • Ministry of Mines - Canada
  • Kobe Steel Ltd - Japan
  • Sical Logistics Limited - India
  • Romanian Commodities Exchange
  • ICICI Bank Limited - India
  • Thai Mozambique Logistica
  • White Energy Company Limited
  • Miang Besar Coal Terminal - Indonesia
  • Berau Coal - Indonesia
  • Indian Oil Corporation Limited
  • Electricity Authority, New Zealand
  • Interocean Group of Companies - India
  • Metalloyd Limited - United Kingdom
  • Barclays Capital - USA
  • Thermax Limited - India
  • Qatrana Cement - Jordan
  • Eastern Coal Council - USA
  • Parliament of New Zealand
  • Simpson Spence & Young - Indonesia
  • KEPCO - South Korea
  • GVK Power & Infra Limited - India
  • Maheswari Brothers Coal Limited - India
  • India Bulls Power Limited - India
  • Carbofer General Trading SA - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Altura Mining Limited, Indonesia
  • The State Trading Corporation of India Ltd
  • Mitsui
  • Heidelberg Cement - Germany
  • Singapore Mercantile Exchange
  • Sindya Power Generating Company Private Ltd
  • U S Energy Resources
  • McConnell Dowell - Australia
  • Kapuas Tunggal Persada - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Rio Tinto Coal - Australia
  • New Zealand Coal & Carbon
  • Thomson Reuters GRC
  • OCBC - Singapore
  • CoalTek, United States
  • Ceylon Electricity Board - Sri Lanka
  • Jatenergy - Australia
  • Standard Chartered Bank - UAE
  • Therma Luzon, Inc, Philippines
  • Planning Commission, India
  • The India Cements Ltd
  • SUEK AG - Indonesia
  • GB Group - China
  • Bank of America
  • Eastern Energy - Thailand
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Coeclerici Indonesia
  • Bangladesh Power Developement Board
  • Indogreen Group - Indonesia
  • Indian Energy Exchange, India
  • Trasteel International SA, Italy
  • Edison Trading Spa - Italy
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Britmindo - Indonesia
  • Makarim & Taira - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Ministry of Finance - Indonesia
  • KPCL - India
  • Central Java Power - Indonesia
  • Manunggal Multi Energi - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Tata Chemicals Ltd - India
  • EMO - The Netherlands
  • Maruti Cements - India
  • Chettinad Cement Corporation Ltd - India
  • Thailand Anthracite
  • Sree Jayajothi Cements Limited - India
  • Sarangani Energy Corporation, Philippines
  • Formosa Plastics Group - Taiwan
  • Aboitiz Power Corporation - Philippines
  • Mercuria Energy - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Lanco Infratech Ltd - India
  • Dalmia Cement Bharat India
  • Attock Cement Pakistan Limited
  • Cargill India Pvt Ltd
  • Siam City Cement - Thailand
  • ING Bank NV - Singapore
  • CIMB Investment Bank - Malaysia
  • Coastal Gujarat Power Limited - India
  • Merrill Lynch Bank
  • Malabar Cements Ltd - India
  • KOWEPO - South Korea
  • ANZ Bank - Australia
  • Riau Bara Harum - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • PTC India Limited - India
  • IOL Indonesia
  • Bukit Makmur.PT - Indonesia
  • Sojitz Corporation - Japan
  • BNP Paribas - Singapore
  • HSBC - Hong Kong
  • Antam Resourcindo - Indonesia
  • PLN Batubara - Indonesia
  • Reliance Power - India
  • UOB Asia (HK) Ltd
  • Renaissance Capital - South Africa
  • Idemitsu - Japan
  • Arutmin Indonesia
  • ETA - Dubai
  • Adaro Indonesia
  • Lafarge - France
  • Global Coal Blending Company Limited - Australia
  • CCIC - Indonesia
  • Inco-Indonesia
  • Essar Steel Hazira Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Platou - Singapore
  • UBS Singapore
  • VISA Power Limited - India
  • Platts
  • Meralco Power Generation, Philippines
  • DBS Bank - Singapore
  • Tamil Nadu electricity Board