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

Tuesday, 06 August 19
SHIPPING MARKET INSIGHT - INTERMODAL
On the 12th of May four tankers were attacked near the coast of Fujairah.  The tankers hit were waiving international flags such as that of No ...


Monday, 05 August 19
SUPRAMAX: COAL FROM INDONESIA TO CHINA PAID AT MID $8,000S ON A 57,000-TONNER DELIVERY SOUTH CHINA - BALTIC BRIEFING
Capesize Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. C ...


Thursday, 01 August 19
PANAMAX: THE SENTIMENT IN THE MARKET IS STILL POSITIVE FOR THE LONGER TERM - FEARNLEYS
Capesize Two weeks ago the 5TC index was at 33,000 USD pd. Since then it has fallen off a bit and has stayed around 27,000 USD pd the last week ...


Thursday, 01 August 19
INDIKA ENERGY REVENUES DECLINE DUE TO LOW COAL PRICES
One of the largest Indonesian integrated energy companies PT Indika Energy Tbk posted revenues of US $ 1,380.4 million, down 4.6% compared to US $ ...


Wednesday, 31 July 19
INDIA'S 2019 THERMAL COAL IMPORTS SEEN AT 180-185 MLN T - WOODMAC
India is expected to import 180-185 million tonnes of thermal coal in 2019, said Dale Hazelton, head of thermal coal at consultancy Wood Mackenzie. ...


   3 4 5 6 7   
Showing 21 to 25 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 ...

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