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
Tuesday, 13 June 17
THE TANKER FREIGHT MARKET IS STILL UNDER PRESSURE - GEORGE LAZARIDIS
AlliedNews of U.S. inventory decline has hit the market by surprise with prices of the commodity showing some quick revival as OPEC continues to push with its production cuts limiting trading volumes and increasing bullish sentiment amongst investors.

According to Allied Shipping's market researcher and analyst George Lazaridis, the prevailing sentiment has been holding for some months now that the supply glut has managed to still hold despite efforts that had been made since the final quarter of 2016. We are likely seeing a reversal to the prevailing trends and as such an increase demand which could help bolsters the price of crude oil further. This however could have negative repercussions on the tanker trade, as the continual limit of production volumes could end up leaving for a sluggish trade and limited activity in the freight market. On the plus side, however we may well see an increased demand for imports from the U.S. in the case that an effort is made to bolster inventories once more.

He further noted in his latest weekly market report that, the positive sign from all of this is that we are starting to see a slight revival in demand, especially from Western economies, while the Far East should continue to keep its insatiable demand going. It is too early to tell if this recent trend will last or if it’s just a small temporary movement rather than a prevailing long-term trend. At the same time the tanker fleet has continued to grow over the first five months of the year, having now reached a growth rate of 2.41% for the year so far. At the same time the order book is still in double digits, with the overall ratio of vessels on order against the in-service fleet now holding at 11.95%.

The market researcher said, the size segments facing the greatest threat from their orderbook are the crude oil tankers, with Suezmaxes holding at a ratio of 15.54%, while closely following this are the Aframaxes and finally the VLCCs with 14.87% and 14.15% respectively. Given that the percentage of vessels in the active fleet which are above 20 years of age is relatively limited in comparison, we are likely looking at a fair amount of growth in the fleet over the coming years, something that could potentially leave us with an increased imbalance of demand and supply in the freight market and a further deterioration of the prevailing rates. The hope is that consumption will step up and help bolster trade from non-OPEC members, while any increases in the price of crude oil this could trigger could possibly also allow for OPEC to ease its production cuts rather than further intensify them during the course of the year.

What’s certain at this point is that the tanker freight market is still under pressure and given the recent softening trends being seen across all the crude oil tanker segments over the past couple of weeks, it looks as though the summer period has gotten off to a relatively slow start. The average time charter equivalent rates for these sizes has continually held below the freight levels noted during the same period last year, though it is important to note that they are still at a relatively better shape then what was being seen between 2010-2014. As such it seems wise to tread carefully right now, despite the fact that we have started to see some positive signs in the underlining demand fundamentals of the market, George Lazaridis Head of Market Research & Asset Valuations of Allied shipping concluded in his latest weekly report.


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

Recent News

Wednesday, 14 June 17
WORLD COAL PRODUCTION FELL BY 6.2%, THE LARGEST ANNUAL DECLINE ON RECORD - BP
COALspot.com: The 2017 edition of the BP Statistical Review of World Energy, shows global energy markets continuing to undergo long-term changes as ...


Wednesday, 14 June 17
HANDYSIZES AND PANAMAXES ENJOY THE TIGHTEST SUPPLY - PANOS TSILINGIRIS
The dry and the tanker shipping segments have dissimilar exposure to supply-driven opportunity (or risk). While the vintage (i.e., over 15 years ol ...


Monday, 12 June 17
THE BALTIC DRY INDEX TOOK A POSITIVE STEP
COALspot.com: The Freight market incline this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positive trend week ...


Friday, 09 June 17
U.S WEEKLY COAL OUTPUT WAS FLAT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15 million short tonnes ...


Wednesday, 07 June 17
INDO HBA INDEX SEE LARGEST DROP SINCE FEBRUARY 2017
COALspot.com: Indonesian coal benchmark price decline 9.96% in June, government data showed. The benchmark price of Indonesian thermal coal de ...


   404 405 406 407 408   
Showing 2026 to 2030 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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