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, 29 December 14
SGX'S FOB NEWCASTLE COAL SWAPS IMPROVED W-O-W, LOST M-O-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.44 per MT (-2.73%) month over month and gained US$ 0.36 (+0.71%) ...


Friday, 26 December 14
SHIPS FACE LOWER SULPHUR FUEL REQUIREMENTS IN EMISSION CONTROL AREAS FROM 1 JANUARY 2015 - IMO
Ships trading in designated emission control areas will have to use on board fuel oil with a sulphur content of no more than 0.10% from 1 January 2 ...


Wednesday, 24 December 14
CAPE DEMAND WAS STILL EXTREMELY SOFT THIS PAST WEEK ACROSS BOTH BASINS - INTERMODAL
COALspot.com: The performance of the Dry Bulk market, which found itself in desperate search of support for yet another week, has left very little ...


Wednesday, 24 December 14
MARKET INSIGHT - JOHN N. COTZIAS, INTERMODAL SNP BROKER
The year is coming to an end, and we should be able to assess if this was a good year, a bad year, or even a lousy one?  The answer clearly de ...


Tuesday, 23 December 14
Q1'15 FOB INDONESIA COAL SWAP GAINED 48 CENTS IN ONE WEEK
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month and gained week over week and day on day. The Q1 swap has lo ...


   657 658 659 660 661   
Showing 3291 to 3295 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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