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, 09 October 14
SHIPPING REMAINS CHALLENGED AS GLOBAL GROWTH DISAPPOINTS - BIMCO

The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. Shipping being a derived demand of global economic growth, will see lower demand in coming years, all other things being equal, than what was previously expected. This goes for all the major shipping segments, dry bulk, tankers and containerships.

The Update of the World Economic Outlook from the International Monetary Fund (IMF) has just been released. Headline global GDP growth is revised downwards by 0.1 and 0.2 for 2014 and 2015 respectively to reach 3.3% and 3.8%

The IMF points out that global investment has been weaker for some time now, limiting the prospects for higher growth going forward. This has led to a lowering of 2015 expected growth more or less across the board. Moreover the burden from the recent years of crisis still haunts, primarily the advanced economies. Whereas several emerging and developing economies which are running at a higher growth level, are been dragged down by poor export markets.

1. The US is expected to grow by 3.1% up by 0.5 from IMFs most recent July estimate. Employment numbers are strong, so now we higher wages are anticipated to follow suit soon in order to develop a sustainable economy for the future

2. In the Euro Area, German, France and Italy are all revised downwards by 0.4-0.5. This leaves Italy in negative territory for the third year running, at -0.2% for 2014. France is now expected to grow by 0.5% and Germany by 1.4% in 2014.

3. Forecast for India is up by 0.2% to 5.6% with China hanging in there at an unchanged 7.4% for 2014.

4. Finally, Russia is expected to take more hardship from its involvement in geopolitical uncertainties with Ukraine. IMF halved its forecast for 2015 growth in Russia now seen at 0.5% with 2014 still staying above water at 0.2%.

Chief Shipping Analyst at BIMCO, Peter Sand, said:

“The revised forecast from IMF was somewhat anticipated but the wide spread negatives seems to outweigh the positives this time around.

“Shipping being a derived demand of global economic growth, will see lower demand in coming years, all other things being equal, than what was previously expected.

“For container shipping it is positive that the US is now set to grow stronger even though demand from Euro Area weight in the other direction the sum of the parts are still positive.

Source: BIMCO / Hellencshipping



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

Recent News

Thursday, 16 October 14
PANAMAX OWNERS RECEIVE A PREMIUM FOR GOING TO INDIA VIA INDONESIA - FEARNLEYS AS
Handy The Handy/Supra market continues to slide in both hemispheres, said Fearnleys AS in its latest week report. In the Atlantic we see rates co ...


Thursday, 16 October 14
ARE WE GOING TO SHOOT OURSELVES IN THE FOOT ONCE AGAIN? - PANOS MAKRINOS
As the East part of our globe was coming back from its October holidays last week, everyone expected that the Dry Bulk market would follow suit and ...


Wednesday, 15 October 14
PANAMAX: ACTIVITY IN THE PACIFIC WAS UNIMPRESSIVE
The Dry Bulk market noted another weekly decline last week, while the BDI moved below 1,000 points taking down with it expectations that a post hol ...


Wednesday, 15 October 14
INDONESIAN COAL PRICE REFERENCE FELL TO FRESH MULTI-YEAR LOWS IN OCTOBER
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in October 2014. ...


Wednesday, 15 October 14
DRY BULK SHIPPING: RATE IMPROVEMENTS ARRIVED AS FORECAST, BUT UNCERTAINTY MOUNTS FOR 2015 DEMAND - BIMCO
BIMCO released its latest short term assessment of the dry bulk market, estimating that over the October-November period, the level of Capesize TC ...


   684 685 686 687 688   
Showing 3426 to 3430 news of total 6871
News by Category
Popular News
 
Total Members : 28,636
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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