COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 65.79 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Tuesday, 11 December 18
SHIPPING MARKET ANALYSIS - ALLIED
AlliedA lot of discussions have been made as to the effects of the IMO 2020 regulation on OPEX  levels,  investment  feasibility  of  scrubbers and the benefits of alternative fuel usage. Aside from all of these, there is another reading to this new regulation. New oil products  (ultra-low sulphur fuel oil) as well as  the much larger quantities of MGO that will be needed from the shipping industry will reshape trade  patterns around the globe. The first effect could well be depicted in crude oil trade due to shifts in refinery utilization, said Yiannis Vamvakas, Research Analyst of Allied Shipping in Allied latest weekly research report.
 
Specifically, demand for light sweet crude oil will move upward as it will be required from the non-upgraded refineries, while it is possible to see a negative trend in the demand for heavy sour  grades.  The second part is the need for redistribution of the low-sulphur fuels, in order to properly cover the global bunkering  markets.  
 
Yiannis Vamvakas further noted that, a side-effect to this could well be the requirement for floating storage for both clean (building of inventories),  as well as dirty products (storage of the excess heavy fuel oil produced). Demand for HSFO is projected to recover in the long-term, as scrubber-equipped ships will continue using it. However, given that the IMO  expects  around  3,800 vessels  to be fitted with  scrubbers by 2020,  it looks as though these vessels will remain a relatively small percentage of the global fleet. Many refineries have proceeded with their investment plans, adding capacity in order to produce more middle distillates, with the International Energy Agency (IEA) forecasting that an additional 7 million barrels per day will come into production by 2023. 
 
However,  Yiannis Vamvakas  says, there are also several refineries that have not yet fully prepared for the IMO 2020 regulation,  possible creating a shortfall of the required fuels in certain regions.  All in all, the most modernized refineries with extensive vacuum resid processing capacity will benefit most from the new regulation, as they will be able to produce larger quantities of  required fuels, gaining market share in the marine sector. Based on these facts, demand will increase in regions were the more modern refineries reside, modifying current trade routes. According to a Reuters survey, around 66% of  33 questioned refineries will continue produce HSFO  in 2020,  but 70% of these stated that they will reduce their output. A decline has already been  reported in  fuel oil inventories, depicting the fact that refineries have started to cut output in anticipation of the regulation. However, it’s worth mentioning that if output cuts prove to be bigger than the consumption fall, prices will see a significant upsurge. With regards to different geographical locations, most of the US refineries have been upgraded by the US shale boom, giving them a head start, but they are still dependent on heavy fuel imports, which is used for blending purposes. This means that further investments will be required for adding  de-sulphurisation  capacity.  
 
In Europe,  the report says, the coastal refineries are better prepared compared to their mainland peers, as their main oil source is crude from North and West Africa,  regions with less sour oil.  In Middle East and China,  most of the refineries do not have the capacity of de-sulphurisation needed to produce the new low-sulphur fuels, making new investments necessary. In almost all cases a  significant change is to take place in the shipping industry.  
 
This change can be seen as a threat, an opportunity or as a combination of these two. The modification of crude oil/oil products trade flows should benefit owners and refineries that are flexible and adaptable enough for the new regulations, while it may be a significant threat for market participants that will choose to fall behind their competition Yiannis Vamvakas concluded in his latest report. 


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

Recent News

Wednesday, 04 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
For yet another time, the market seems to have its own drivers. After a very disappointing first half, the recent recovery in the shipping market i ...


Tuesday, 20 August 19
NORDEN HAS BEEN AWARDED A 3-YEAR CONTRACT FOR THE TRANSPORTATION OF COAL FROM INDONESIA TO HONG KONG
NORDEN has been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.   ...


Tuesday, 20 August 19
THE AUGUST 2019 INDONESIAN COAL PRICE REFERENCE POSTS THE FIRST MONTHLY GAIN SINCE AUGUST 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...


Monday, 19 August 19
INDONESIAN COAL RUNS, A 82,000DWT SHIP WAS FIXED DELIVERY CHINA VIA INDONESIA, REDELIVERY JAPAN, IN THE MID $16,000S - BALTIC BRIEFING
Capesize The Capesize market was buoyant in both basins this week, posting gains across the board. After bottoming out the previous week, rates ...


Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
Capesize With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. ...


   2 3 4 5 6   
Showing 16 to 20 news of total 5539
News by Category
Popular News
 
Total Members : 26,488
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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