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
Friday, 19 December 14
HOW WILL LOWER BUNKER PRICES AFFECT THE SUBSTANTIAL OVERCAPACITY IN DRY BULK MARKET? - BIMCO

As bunker fuel costs have come down from USD 600 per tonnes to USD 330 per tonnes in the past 6 months, much talk about increased ship speed have surfaced.

Some single-voyage or single company estimations aims at supporting reintroduction of higher speed to generate higher revenue and potentially higher earnings. In reality, some of them may actually prove to deliver on the promise too.

However, as Chief Shipping Analyst at BIMCO, Peter Sand, said:

“When you consider the entire dry bulk fleet on a global scale, overcapacity remains substantial. In that sense, there is no overall case for increasing speed anytime soon.

“BIMCO concur to the estimates made by Dreary, which point to an operating surplus of some 25% in the market today.


Bear in mind that as long as the demand side and the supply side continues to match one another quite narrowly, the operation surplus will stay put. We need several years of strong demand growth and low supply growth in order to reduce the overcapacity substantially.

This is why is remains important for industry profitability to make sure slow steaming continues to be an integrated part of business conduct.

Slow steaming
In spite of bunker fuel costs coming down significantly, it remains by far the largest cost item for owners and operators. The hefty fuel bills, seen during the past couple of years, may have been paused for a while, but may also prove sticky as the oil price futures all present a steep counting (Canting is a situation where the futures price (or forward price) of a commodity is higher than the expected spot price).

“Bringing higher ship speed back may cause some unwanted commotion to the freight market, where the norm in recent years has been one of lower and lower ship speed.

“Lower ship speed has significantly assisted freight rates in staying higher than they would in the case of all ships steaming at full ahead. Reversing this.

Source: BIMCO Hellenic Shipping News



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

Recent News

Monday, 05 January 15
CFR SOUTH CHINA COAL SWAPS GAINED WEEK OVER WEEK, SGX DATA SHOWS
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 2.50 (-4.02%) month over month and gained US$ 0.20 ( ...


Monday, 05 January 15
FIVE ENERGY SURPRISES FOR 2015: THE POSSIBLE AND THE IMPROBABLE - KURT COBB
The coming year is likely to be as full of surprises in the field of energy as 2014 was. We just don't know which surprises! I am not predictin ...


Monday, 05 January 15
THE SHIPPING MARKET IN 2014 AND LOOKING FORWARD - BIMCO
2014 started with plenty of optimism for a considerably better global economy and an improved shipping market. Things turned out somewhat different ...


Monday, 05 January 15
API 5 FOB NEWCASTLE COAL SWAP FOR Q1'15 DELIVERY CLOSED US$ 0.45 HIGHER COMPARED TO Q2'15 CLOSING
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 0.60 per MT (-1.15%) month over month and gained US$ 0.02 (+0.04%) ...


Sunday, 04 January 15
BALTIC DRY INDEX CONTINUES ITS DECLINE IN 2015
Wish you all a very Happy New Year 2015. The last report was dated 19th Dec 2014 and due to Christmas and new year holidays no reports were publish ...


   654 655 656 657 658   
Showing 3276 to 3280 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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