We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 03 October 17
ALLIED MARKET ANALYSIS
 It seems as though the future of the oil trade was once again put into the spotlight, as the Asia Pacific Petroleum Conference took place last week in Singapore. Being arguably one of the industry’s largest gatherings of traders and oil executives, many were anticipating a highly optimistic environment to be seen in the different discussions, as crude oil prices reached their highest level in two years on the very opening day of the conference, said George Lazaridis Head of Market Research & Asset Valuations of Allied Shipping in his latest weekly report.
According to George Lazaridis, many would agree that crude oil demand is steaming ahead at a rate much higher then what we have seen during the past two years, while with all this fresh demand, the excess supply glut that has overshadowed the market seems to be gradually dealt with. There were however those that still voiced concern, as to the long-term prospects of the industry, given that OECD countries seem to have already gone through their peak demand levels, while focus is constantly put towards a move away from energy sourced by fossil fuels and higher efficiency in energy consumption.
The main highlight however had more to do with the potential shifts in trade patterns, with the focus of the discussions being placed on the future of Chinese independent refineries. He further said, the China has already taken center stage in the crude oil market, having overtaken the U.S. as the world’s top crude oil importer. Its importance has been continually highlighted by the support and boost its import volumes have given the freight market of crude oil tankers, while it still holds the largest potential source for growth in demand, still playing a catch-up game with the West in terms of oil consumption per capita. At the same time, private refineries in China, often referred to as “teapot refiners”, have performed well, with their production levels having gradually intensified and now account for around a quarter of China’s total refining capacity. This has been despite the intense competition from the state-owned behemoths and the great challenges they have faced in terms of infrastructure issues, intense oversight by the government and limitations in the granting of fuel export licenses.
George Lazaridis of Allied further noted that, the most of these refineries operate in Shandong province and have relatively small refining capacity. This stellar performance has been the main driver in the renewed efforts being placed by private investors for a considerable expansion in the countries private refining capacity through the construction of a new generation of plants in Zhejiang and Liaoning provinces that will match in size some of the world’s largest refining facilities. One of these plants is being built on Zhoushan Island in Zhejiang province and is expected to have a refining capacity of 20 million metric tons a year when it is completed next year, while the plan is to double this figure by 2020.
This move would make it one of the biggest plants in the region matching facilities in Singapore, South Korea and India. Given that these new independent refineries would be well placed close to deep-water ports, they would attract considerable attention from a large number of oil producers and traders, likely boosting the VLCC Far Eastern trade. This gives, in theory, the crude oil carrier a new lease of life, promoting the trade of crude oil feedstock into China rather than refined oil products and petrochemicals.
There is a catch however, as around the same time that these new independent oil refiners come online, other refineries from oil producing nations such as Saudi Arabia’s Jazan project, Malaysia’s Rapid and Brunei’s Hengyi are expected to start operating, adding to the intense competition these Chinese newcomers will have to face, along with the excess capacity the sector as a whole still has to deal with George Lazaridis concluded in his report.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 11 September 17
A PUNCHY WEEK FOR THE BIG SHIPS AS THE RATE FOR WEST AUSTRALIA TO CHINA HIT $8.00 THE FIRST TIME IN NEARLY THREE YEARS - BALTIC EXCHANGE
Capesize
A punchy week for the big ships as the rate for West Australia/China hit $8.00 the first time in nearly three years. A Jiangsu Steamship ...
Monday, 11 September 17
INDONESIAN ICPR SURGES HIGHER, POSTS BIGGEST MONTHLY RISE SINCE DECEMBER 2016, ESDM DATA SHOWS
COALspot.com: Indonesian coal benchmark price surges 9.60% in September, government data showed.
The benchmark price of Indonesian th ...
Monday, 11 September 17
KOMIPO INVITED BIDS FOR TOTAL 6.235 MMT OF 5700 AND 5100 NAR COAL FOR 2017 TO 2022 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued an another new tender for total 1,590,000 Metric Tons of Bitumino ...
Monday, 11 September 17
THE FREIGHT MARKET ROSE WEEK OVER WEEK; BCI UP 22.22% & BPI UP 14.77%
COALspot.com: The freight market rose in all segments week over week. Mainly Cape and Panamax have supported to pushed up BDI this past week, BDI, ...
Friday, 08 September 17
MIXED SIGNALS ON REFINERY PREPARATIONS FOR 2020 FUEL CHANGES - IBIA
A recent consultancy survey has suggested that some 85% of refiners have not made plans for how to deal with the expected dramatic fall in g ...
|
|
|
Showing 1946 to 1950 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- The University of Queensland
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
|
| |
| |
|
