COALspot.com keeps you connected across the coal world
  • FOR 2020, FORECASTS HAVE GONE FROM A 12 MILLION TONS PRE-COVID DEFICIT TO A 56 MILLION TONS POST-COVID SURPLUS IN INTERNATIONAL STEAM COAL SUPPLY, MAINLY DUE TO LOWER IMPORTS IN CHINA AND INDIA - ASSOCARBONI
  • SEABORNE WORLD COAL TRADE CLOSED 2019 POSITIVELY WITH A 2% ANNUAL GROWTH AND CONFIRMING A GROWING TREND LEADING TO A 50% INCREASE IN VOLUMES IN 10 YEARS - ASSOCARBONI
  • EUROPE GENERATES ELECTRICITY MAINLY FROM COAL (18,2%) AND FROM NUCLEAR (25,5%), CUTTING THE COSTS OF ELECTRICITY BILLS BY AN AVERAGE 30% - ASSOCARBONI
  • COAL CONFIRMED ITS LEADERSHIP AS LEADING FUEL FOR ELECTRICITY GENERATION ALSO IN 2019, ACCOUNTING FOR 38% OF OVERALL PRODUCTION AND CLOSING 2019 WITH A 2% INCREASE IN SEABORNE COAL TRADE (1.290 MILLION TONS) - ASSOCARBONI
  • VIETNAM, INDIA, CHINA AND PHILIPPINES ARE THE COUNTRIES THAT CONTRIBUTED THE MOST TO THE GROWTH IN COAL VOLUMES DURING 2019, ACHIEVING RECORD RESULTS IN TERMS OF IMPORT - ASSOCARBONI
  • FOR 2021 EXPECTED AN INCREASE IN SEABORNE COAL TRADE, DRIVEN BY IMPORTS OF NEW EMERGING ASIAN ECONOMIES INCLUDING PAKISTAN, BANGLADESH, PHILIPPINES, MALAYSIA AND VIETNAM - ASSOCARBONI
  • CONFIRMED THE GROWTH TREND THAT IN THE LAST TEN YEARS HAS LED TO A 50% INCREASE IN THE COAL MARKETED VOLUMES - ASSOCARBONI
  • AUGUST 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 50.34 A TON

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Friday, 24 January 20
LOW-SULPHUR FUEL OIL PRICES DROP USD 99 PER MT IN SINGAPORE - BIMCO
BIMCOSingapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric tonne (MT) and dropped USD 99 to USD 641 per MT on 22 January. The price has also fallen in other ports around the world.
 
Prices rose in December as shipowners transitioned to the IMO2020 compliant low-sulphur fuel oil causing the VLSFO and High-sulphur fuel oil (HSFO) spread to reach record breaking levels. This trend has started to reserve, with the VLSFO-HSFO spread narrowing in Singapore by USD 55 per MT to 284 per MT on 22 January from USD 339 on 7 January, a 19% decline.
 
Transitioning past the first wave of IMO2020
The initial uptick in low-sulphur fuel oil prices marked the first wave of IMO2020, whereas the price levels are now declining towards a point of stabilization.
 
Even given the recent narrowing of the spread, shipping companies are still faced with a massive uptick in fuel oil costs, which is set to affect operating margins in the upcoming quarters, as many companies have little leeway to pass on the additional costs to their customers.
 
Despite the lower spread, the investment payback period for a scrubber is between half a year to one and a half years, depending on the cost of the scrubber and daily consumption, which allows for substantial fuel oil cost savings for scrubber-fitted ships.
Source: BIMCO


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

Recent News

Thursday, 06 August 20
KOREA SOUTH-EAST POWER INVITING BIDS FOR MIN 3,600-MAX 3,800 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) inviting bids for 80,000 Tons (MT) Min 3,600~Max 3,800 kcal/kg NCV coal f ...


Wednesday, 05 August 20
NO NEW MINING LICENSES - A REMINDER TO GOVERNORS IN INDONESIA - SSEK
Indonesia’s acting Director General of Mining and Coal (“DGMC”) has issued a letter to the country’s provincial Governors t ...


Wednesday, 05 August 20
AUGUST 2020 HBA HITTING ITS LOWEST LEVELS IN HISTORY
COALspot.com: The Indonesia Coal Price Reference for the month of August plunged 30.73% YoY, hitting its lowest levels in history and highlighting ...


Wednesday, 05 August 20
SLUMP IN OIL REVENUE CHALLENGES MIDDLE EAST OIL EXPORTERS - INTERMODAL
The Covid-19 pandemic has had far-reaching consequences on the global capital markets. Despite the US government’s efforts for a quick and de ...


Tuesday, 04 August 20
KOEN INVITED BIDS FOR TOTAL 900K MT OF MIN 5600 NCV COAL FOR 3 YEARS
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 260,000 to 300,000 Tons (MT) min. ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6037
News by Category
Popular News
 
Total Members : 27,023
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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