We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 07 May 20
CRUDE OIL TANKER EARNINGS DROP 68% IN NINE DAYS - BIMCO
 Crude oil tanker earnings have come down sharply in recent weeks with Very Large Crude Carrier (VLCC) earnings from the Middle East Gulf to China dropping 68% in just nine days (from USD 222,591 per day on 22 April to USD 71,885 per day on 4 May). In the same period, daily VLCC earnings from the Middle East Gulf to the US Gulf have plunged nearly 80% (from USD 162,433 per day to USD 36,249).
The window of extraordinary earnings closed at the end of April with the OPEC+ oil production cuts of 9.7 m/bpd on 1 May, reducing the flood of oil in the market. The tanker market is now challenged by a collapse in oil demand as a result of the coronavirus outbreak.
The oil supply and demand shocks of 2020
The oil tanker market has enjoyed a paradise of profitability, but very much on borrowed time since the outbreak of the oil price war. As the oil supply shock abates, the effect of the unprecedented oil demand shock, estimated to be a drop of 23.1 m/bpd in the second quarter (source: IEA), will set in.
Perhaps, second only to a coronavirus vaccine, oil storage has been the most sought-after item in recent months. This has been reflected in the skyrocketing crude oil tanker time-charter rates brought about by oil suppliers and traders seeking to charter ships for floating storage.
The uptick in floating storage in 2020, temporarily removing capacity from the market, is not expected to provide a silver lining that can offset the faltering demand and overcapacity. One can only hope that the strong earnings have fortified the cash reserves of oil tanker companies for the treacherous months that lie ahead.
Source: BIMCO
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 24 July 20
IPA: THERMAL COAL IMPORTS AT MAJOR PORTS DECLINE 35 PC TO 17.71 MT IN APR TO JUNE - ECONOMIC TIMES
These ports had handled 27.13 MT of thermal coal and 14.95 MT of coking coal in the April-June period of the previous financial year
...
Thursday, 23 July 20
KOREAN GENCOS INVITED BIDS FOR TOTAL 1.36 MILLION TONS OF BITUMINOUS COAL FOR OCTOBER 2020 LOADING
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 1,360,00 ...
Wednesday, 22 July 20
CIL'S COAL SUPPLY TO POWER SECTOR DROPS OVER 21% TO 93.5 MT IN APR-JUN QUARTER - PTI
The supply of coal by state-owned Coal India Ltd to the power sector fell 21.7 percent to 93.5 million tonnes (MT) in the first quarter of the ongo ...
Monday, 20 July 20
KOREA MIDLAND POWER INVITED BIDS FOR TOTAL 2.520 MILLION MT OF BITUMINOUS COAL FOR THREE YEARS
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO), has issued an international tender for total 840,000 of Bituminous Coal to be used at Bo ...
Monday, 20 July 20
CHINA'S JUNE COAL OUTPUT FALLS 1.2% YEAR-ON-YEAR OVER ILLEGAL MINING CHECKS - REUTERS
China’s coal output dropped 1.2% in June on the year to 330 million tonnes, official data showed, as major coal mining areas cracked down on ...
|
|
|
Showing 861 to 865 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Minerals Council of Australia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
|
| |
| |
|