COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 49.42 A TON

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
Saturday, 21 December 19
SHIPPING'S SUPPLY AND DEMAND TRENDING OFF BALANCE - BIMCO
BIMCOOne of the most worrying trends that has developed recently – which will affect shipping demand in the years to come – is the falling trade-to-GDP ratio.
 
The falling ratio can be explained by slowing globalistation as well as increasing protectionist measures being implemented around the world, spear headed by the US. The raised barriers to trade are here to stay as we enter a new decade, with the shipping industry stuck with the consequences.
 
The trade war is the clearest example of these extra barriers to trade, and although a phase 1 deal was reached in December, the most difficult issues have yet to be addressed, and BIMCO therefore expects the trade war to continue to plague shipping between the US and China in 2020. Unfortunately, they are not the only countries engaging in tariff wars. The EU also faces additional tariffs from the US and we see trade tensions between Japan and South Korea.
 
The effects of the worsening of the fundamental shipping market balances this year will be felt in 2020, as the balance is not reset to zero when the calendar year changes. BIMCO continues to warn that the worsening balance between the supply of ships and the demand will be detrimental to shipowners’ ability to pass on the additional costs associated with compliance of the new IMO 2020 Sulphur Cap. It will depend on the freight rates to which extent the additional costs are covered, which in turn depend on the market conditions; the better the market, the easier it is to pass costs on.
 
Dry Bulk shipping
The biggest concern for Capesize shipping in 2020 is the trend in China, where iron ore imports may fall for the third year in a row. The structural change in China’s steel production, towards using scrap steel in favour of imported iron ore, means that Chinese demand for iron ore can no longer be counted on to increase demand for Capesize ships, with imports having peaked in 2017.
 
For the dry bulk shipping industry there is more bad news from China. Its soya bean imports have become an important part of the trade war and how it is viewed, but even aside from the trade war, the outlook for soya bean trades into China are weak. Its demand will be considerably lower due to the largest ever culling of pigs which consume most of China’s soya bean imports. It will take years for the Chinese pig population to return to the same size as before the cull, and even then, lowering the soya content in pig’s feed will have lasting consequences on these trades.
 
The high fleet growth in 2019 (4.1%) will play out into 2020 when the fleet is also expected to grow by more than demand. The cumulative impact of these growth rates mean that the gap between demand for shipping and the supply of ships will continue to grow, putting pressure on freight rates throughout the year.
 
Tanker Shipping
Crude oil tankers have certainly been in the headlines in 2019 due to geopolitical developments and as freight rates reached record levels as a result, but going into 2020, the fundamentals remain unchanged. This means that after the seasonal boost fades away in the first quarter, the high freight rates in the VLCC-market are likely to disappear, as the market fundamentals have in fact worsened in 2019, with an eight year high fleet growth of 6.3%.
 
Fleet growth has also been high in the oil product tanker market, with many owners aiming to benefit from the IMO 2020 Sulphur Cap and the boost that BIMCO expects it will bring to the oil product tanker shipping industry. The boost are on the back of the new trades for the transport of compliant bunker fuels from the refineries to the bunkering ports.
 
While this boost will improve tanker earnings in the first 3-6 months of 2020, once the short term boost will fade away, the challenge facing the market is that the new ships will still be around , and will instead be fighting for cargoes in an already over-supplied market.
 
One of the major developments expected in 2020 is for the US to become a net exporter of crude oil on an annual basis. The increasing proportion of global crude oil exports coming from the US is good news for the tanker industry as this involves longer sailing distances to the Far East, where the major importers are, compared to exports from the Middle East.
Source: Peter Sand, Chief Shipping Analyst, BIMCO


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

Recent News

Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have ...


Thursday, 08 December 16
CHINESE COAL DEMAND WOULD BE THE KEY FACTOR THAT INFLUENCE WORLD COAL PRICES IN 2017, POLL
“WHAT ARE THE KEY FACTORS THAT MAY INFLUENCE WORLD'S COAL PRICES IN 2017?” The on-line opinion poll conducted by COALspot.com ...


Thursday, 08 December 16
PANAMAX: THE FIRM TENDENCY CONTINUES IN BOTH HEMISPHERES - FEARNLEY
Supramax Market remained firm - true mostly within Atlantic. Star performer USG remained its title, where Supras reached around USD 21k ...


Wednesday, 07 December 16
SHIPPING MARKET INSIGHT - THEODOROS NTALAKOS
Looking back at my previous end-of-year insights, for the last seven years, in each and every one of them, I begin with something like “there ...


Wednesday, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
U.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA. ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 6094
News by Category
Popular News
 
Total Members : 27,094
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 Power Coal Import and Supply Company
  • Bukit Baiduri Energy - Indonesia
  • Eastern Energy - Thailand
  • Thai Mozambique Logistica
  • Bayan Resources Tbk. - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Clarksons - UK
  • TRAFIGURA, South Korea
  • Energy Development Corp, Philippines
  • CESC Limited - India
  • Indonesia Power. PT
  • Goldman Sachs - Singapore
  • Madhucon Powers Ltd - India
  • Mitra SK Pvt Ltd - India
  • Star Paper Mills Limited - India
  • Mercator Lines Limited - India
  • Mercuria Energy - Indonesia
  • Idemitsu - Japan
  • San Jose City I Power Corp, Philippines
  • Medco Energi Mining Internasional
  • Parry Sugars Refinery, India
  • Vedanta Resources Plc - India
  • Chettinad Cement Corporation Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Interocean Group of Companies - India
  • Africa Commodities Group - South Africa
  • PNOC Exploration Corporation - Philippines
  • BNP Paribas - Singapore
  • Malco - India
  • Alfred C Toepfer International GmbH - Germany
  • OCBC - Singapore
  • Straits Asia Resources Limited - Singapore
  • Bangladesh Power Developement Board
  • Indian School of Mines
  • Maybank - Singapore
  • Credit Suisse - India
  • Leighton Contractors Pty Ltd - Australia
  • Kobexindo Tractors - Indoneisa
  • Karaikal Port Pvt Ltd - India
  • Cosco
  • bp singapore
  • Global Green Power PLC Corporation, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Directorate Of Revenue Intelligence - India
  • Maruti Cements - India
  • Cargill India Pvt Ltd
  • SUEK AG - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Sree Jayajothi Cements Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Merrill Lynch Commodities Europe
  • The Treasury - Australian Government
  • IOL Indonesia
  • SN Aboitiz Power Inc, Philippines
  • SASOL - South Africa
  • Jatenergy - Australia
  • globalCOAL - UK
  • Infraline Energy - India
  • Samtan Co., Ltd - South Korea
  • Sindya Power Generating Company Private Ltd
  • Wood Mackenzie - Singapore
  • Power Finance Corporation Ltd., India
  • IEA Clean Coal Centre - UK
  • Shenhua Group - China
  • Asian Development Bank
  • Antam Resourcindo - Indonesia
  • Formosa Plastics Group - Taiwan
  • Borneo Indobara - Indonesia
  • Barclays Capital - USA
  • Oldendorff Carriers - Singapore
  • Marubeni Corporation - India
  • Economic Council, Georgia
  • Kalimantan Lumbung Energi - Indonesia
  • Moodys - Singapore
  • Central Electricity Authority - India
  • Noble Europe Ltd - UK
  • Surastha Cement
  • Indorama - Singapore
  • Carbofer General Trading SA - India
  • Larsen & Toubro Limited - India
  • London Commodity Brokers - England
  • Planning Commission, India
  • Port Waratah Coal Services - Australia
  • Cigading International Bulk Terminal - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Argus Media - Singapore
  • ETA - Dubai
  • TGV SRAAC LIMITED, India
  • Barasentosa Lestari - Indonesia
  • HSBC - Hong Kong
  • Eastern Coal Council - USA
  • Globalindo Alam Lestari - Indonesia
  • Intertek Mineral Services - Indonesia
  • DBS Bank - Singapore
  • Kideco Jaya Agung - Indonesia
  • Romanian Commodities Exchange
  • Anglo American - United Kingdom
  • KOWEPO - South Korea
  • Sucofindo - Indonesia
  • SGS (Thailand) Limited
  • Bahari Cakrawala Sebuku - Indonesia
  • Australian Coal Association
  • Semirara Mining and Power Corporation, Philippines
  • Platts
  • Riau Bara Harum - Indonesia
  • Iligan Light & Power Inc, Philippines
  • GNFC Limited - India
  • WorleyParsons
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • U S Energy Resources
  • Meralco Power Generation, Philippines
  • CNBM International Corporation - China
  • Bhatia International Limited - India
  • Britmindo - Indonesia
  • Edison Trading Spa - Italy
  • Mjunction Services Limited - India
  • Xstrata Coal
  • Xindia Steels Limited - India
  • Jaiprakash Power Ventures ltd
  • Grasim Industreis Ltd - India
  • Rudhra Energy - India
  • Krishnapatnam Port Company Ltd. - India
  • Japan Coal Energy Center
  • Petron Corporation, Philippines
  • Merrill Lynch Bank
  • APGENCO India
  • Berau Coal - Indonesia
  • McConnell Dowell - Australia
  • World Bank
  • Vitol - Bahrain
  • KPMG - USA
  • Coal India Limited
  • Central Java Power - Indonesia
  • Mitsubishi Corporation
  • Timah Investasi Mineral - Indoneisa
  • International Coal Ventures Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • PLN - Indonesia
  • Sical Logistics Limited - India
  • ING Bank NV - Singapore
  • Vale Mozambique
  • Kepco SPC Power Corporation, Philippines
  • Videocon Industries ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • PetroVietnam
  • Ceylon Electricity Board - Sri Lanka
  • Maheswari Brothers Coal Limited - India
  • World Coal - UK
  • PowerSource Philippines DevCo
  • Banpu Public Company Limited - Thailand
  • Bank of America
  • Commonwealth Bank - Australia
  • Therma Luzon, Inc, Philippines
  • Simpson Spence & Young - Indonesia
  • MEC Coal - Indonesia
  • Gresik Semen - Indonesia
  • Gujarat Sidhee Cement - India
  • Kaltim Prima Coal - Indonesia
  • Coal and Oil Company - UAE
  • Glencore India Pvt. Ltd
  • Global Business Power Corporation, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • RBS Sempra - UK
  • Coalindo Energy - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Peabody Energy - USA
  • Geoservices-GeoAssay Lab
  • GVK Power & Infra Limited - India
  • Platou - Singapore
  • Indogreen Group - Indonesia
  • IBC Asia (S) Pte Ltd
  • Tamil Nadu electricity Board
  • Fearnleys - India
  • The University of Queensland
  • Kumho Petrochemical, South Korea
  • White Energy Company Limited
  • Deloitte Consulting - India
  • Ambuja Cements Ltd - India
  • Global Coal Blending Company Limited - Australia
  • Kohat Cement Company Ltd. - Pakistan
  • Sojitz Corporation - Japan
  • Ernst & Young Pvt. Ltd.
  • Gujarat Electricity Regulatory Commission - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Salva Resources Pvt Ltd - India
  • Bhoruka Overseas - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • MS Steel International - UAE
  • TNPL - India
  • Toyota Tsusho Corporation, Japan
  • Cebu Energy, Philippines
  • Samsung - South Korea
  • Independent Power Producers Association of India
  • Heidelberg Cement - Germany
  • Lafarge - France
  • Core Mineral Indonesia
  • Georgia Ports Authority, United States
  • Latin American Coal - Colombia
  • IHS Mccloskey Coal Group - USA
  • Directorate General of MIneral and Coal - Indonesia
  • Asia Cement - Taiwan
  • Rashtriya Ispat Nigam Limited - India
  • Dalmia Cement Bharat India
  • Bank of China, Malaysia
  • Makarim & Taira - Indonesia
  • GB Group - China
  • Bangkok Bank PCL
  • McKinsey & Co - India
  • Pendopo Energi Batubara - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Mechel - Russia
  • Savvy Resources Ltd - HongKong
  • Sinarmas Energy and Mining - Indonesia
  • Tata Power - India
  • Rio Tinto Coal - Australia
  • Electricity Generating Authority of Thailand
  • Binh Thuan Hamico - Vietnam
  • Cement Manufacturers Association - India
  • Indonesian Coal Mining Association
  • Kartika Selabumi Mining - Indonesia
  • Bulk Trading Sa - Switzerland
  • Essar Steel Hazira Ltd - India
  • Tata Chemicals Ltd - India
  • Inco-Indonesia
  • TANGEDCO India
  • ACC Limited - India
  • Chamber of Mines of South Africa
  • BRS Brokers - Singapore
  • Bharathi Cement Corporation - India
  • CoalTek, United States
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Aboitiz Power Corporation - Philippines
  • CCIC - Indonesia
  • Sakthi Sugars Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Mitsui
  • PTC India Limited - India
  • Pinang Coal Indonesia
  • Permata Bank - Indonesia
  • Energy Link Ltd, New Zealand
  • Mintek Dendrill Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • ANZ Bank - Australia
  • Runge Indonesia
  • Sarangani Energy Corporation, Philippines
  • IMC Shipping - Singapore
  • Adani Power Ltd - India
  • Petrosea - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Ind-Barath Power Infra Limited - India
  • Metalloyd Limited - United Kingdom
  • South Luzon Thermal Energy Corporation
  • Standard Chartered Bank - UAE
  • European Bulk Services B.V. - Netherlands
  • Bhushan Steel Limited - India
  • Ministry of Mines - Canada
  • KEPCO - South Korea
  • NTPC Limited - India
  • Arutmin Indonesia
  • TeaM Sual Corporation - Philippines
  • LBH Netherlands Bv - Netherlands
  • SMC Global Power, Philippines
  • Arch Coal - USA
  • Deutsche Bank - India
  • Siam City Cement PLC, Thailand
  • Baramulti Group, Indonesia
  • Vizag Seaport Private Limited - India
  • Gupta Coal India Ltd
  • New Zealand Coal & Carbon
  • NALCO India
  • Indika Energy - Indonesia
  • Malabar Cements Ltd - India
  • Lanco Infratech Ltd - India
  • Qatrana Cement - Jordan
  • VISA Power Limited - India
  • Reliance Power - India
  • Posco Energy - South Korea
  • Tanito Harum - Indonesia
  • Singapore Mercantile Exchange
  • Bukit Asam (Persero) Tbk - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Aditya Birla Group - India
  • Cardiff University - UK
  • Maersk Broker
  • GMR Energy Limited - India
  • EIA - United States
  • Thomson Reuters GRC
  • Asmin Koalindo Tuhup - Indonesia
  • Wilmar Investment Holdings
  • KPCL - India
  • JPower - Japan
  • Siam City Cement - Thailand
  • Kobe Steel Ltd - Japan
  • Coeclerici Indonesia
  • The State Trading Corporation of India Ltd
  • Jindal Steel & Power Ltd - India
  • Coal Orbis AG
  • GAC Shipping (India) Pvt Ltd
  • India Bulls Power Limited - India
  • Humpuss - Indonesia
  • Price Waterhouse Coopers - Russia
  • Semirara Mining Corp, Philippines
  • Freeport Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Coaltrans Conferences
  • Attock Cement Pakistan Limited
  • UOB Asia (HK) Ltd
  • Indo Tambangraya Megah - Indonesia
  • Orica Mining Services - Indonesia
  • Altura Mining Limited, Indonesia
  • SRK Consulting
  • ICICI Bank Limited - India
  • The India Cements Ltd
  • Thriveni
  • Orica Australia Pty. Ltd.
  • Total Coal South Africa
  • Ministry of Finance - Indonesia
  • Russian Coal LLC
  • PLN Batubara - Indonesia
  • Ince & co LLP
  • Indian Oil Corporation Limited
  • Coastal Gujarat Power Limited - India
  • EMO - The Netherlands
  • Renaissance Capital - South Africa
  • Shree Cement - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Thermax Limited - India
  • CIMB Investment Bank - Malaysia
  • Agrawal Coal Company - India
  • Panama Canal Authority
  • Cemex - Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • J M Baxi & Co - India
  • GHCL Limited - India
  • Inspectorate - India
  • SMG Consultants - Indonesia
  • Parliament of New Zealand
  • Ministry of Transport, Egypt
  • Minerals Council of Australia
  • ASAPP Information Group - India
  • UBS Singapore
  • Enel Italy
  • JPMorgan - India
  • Uttam Galva Steels Limited - India
  • Thiess Contractors Indonesia
  • Thailand Anthracite
  • Bukit Makmur.PT - Indonesia
  • Adaro Indonesia
  • Trasteel International SA, Italy
  • Australian Commodity Traders Exchange