We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 17 January 23
MARKET INSIGHT - INTERMODAL
 Rumor has it that the New Year has come, to set the pace in, for Russia to continue hostilities against Ukraine. Ten months on the go, into Russia’s latest invasion, the outcome of the war appears to be unclear. The Russian military seems incapable of taking either Kyiv or occupying major territories of the country. Ukrainian forces have gained success and could well continue to make progress in regaining field. The war also could settle into a more protract conflict, with neither side capable of making a decisive breakthrough in the near future.
In the past June, European Union decided to ban both seaborne imports of Russian oil and the provision of specific services derived from Russian oil shipments, in particular insurance and reinsurance industries which EU companies do dominate. The US authorities, which had already banned direct imports of Russian oil, shudder at the ban which would cause oil prices to spike by plunging most Russian exports.
Accordingly, States of great sovereignty, strived towards the tool of capping the price of Russian oil, aimed at pinching Russia’s reserves whilst avoiding a spike in oil prices. However, the mechanism’s high price ceiling and its inability to compel Russia’s affairs with Asia-top tier- customers, undermine its ability to deprive Moscow of substantial revenue and aggravate both political and economic issues against Ukraine.
When the West announced on December 2nd, that they had agreed on a $60 price cap on Russian oil exports, they proclaim it as a valiant achievement in energy stability. But one who thinks this would be a significant tap into Russian oil revenues—and the administration’s ability to fuel its war by bringing to heel Ukraine—was likely to be disappointed. The price cap agreed on by the European Union and quickly endorsed by the United States, G7, and Australia was not bold enough to significantly have an effect on Russian revenues or hamper the conduct of the war. After all, Russian oil has sold at prices in the $60 range for the last several years. Moreover, since Russia’s February invasion of Ukraine, global trades have already limited their offtake of Russian crude to some extent. When countries such as India and China snapped up the surplus, they negotiated steep discounts while the discount for Urals crude, the main Russian benchmark—nearly $40 per barrel compared with Brent oil in the early months of the war—slowly dropped into the low $20 per barrel range, allowing Moscow to continue thriving.
If the price cap starts to influence Russia, it could create political space for further actions by throbbing Russian energy revenues. This cap should not be considered as an off energy policy tool- if Russia continues to wage its war, hence same should be seen instead as an interim measure until the next set of energy restrictions are to be imposed, including a lower price cap level.
By Alexandros Christakoudis
Tanker Chartering
Compiled by:
Intermodal Research & Valuations
Analysts:
Yiannis Parganas
Tamara Apostolou
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, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
|
|
|
Showing 56 to 60 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- London Commodity Brokers - England
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
|
| |
| |
|
