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
Thursday, 07 May 20
CRUDE OIL TANKER EARNINGS DROP 68% IN NINE DAYS - BIMCO
BIMCOCrude 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.

Recent News

Thursday, 21 May 20
KOMIPO INVITED BIDS FOR TOTAL 610000 MT OF LCV AND HCV COAL FOR 2H 2020
COALspot.com: South Korea’s Korea Midland Power Co. Ltd. (KOMIPO) has Issued an International Tender for 130,000 mt of 5700 NCV coal  an ...


Wednesday, 20 May 20
ADARO ENERGY BOOKED A 5% INCREASE IN COAL PRODUCTION VOLUME Y-O-Y IN 1Q2020
PT. Adaro Energy Tbk, Indonesia’s one of the largest coal miner, booked a 5% increase in coal production volume year-over-year in 1Q2020. The ...


Wednesday, 20 May 20
BRAZIL SOYBEAN EXPORTS HAVE BEEN SURGING THIS YEAR - BANCHERO COSTA
Brazil soybean exports have been surging this year, thanks to a combination of strong demand from China, a bumper crop, and favourable exchange rat ...


Wednesday, 20 May 20
MARKET INSIGHT
Seafarers keep maritime trade going so that the food, raw materials, energy and manufactured goods on which so many depend can continue moving arou ...


Tuesday, 19 May 20
AMENDMENT OF THE INDONESIAN MINING LAW: TYING UP LOOSE ENDS - UMBRA
KNOWLEDGE TO ELEVATE The finalized draft of Law on the amendment of the Mining Law (Bill) was publicly released on 11 May 2020 and was then ap ...


   190 191 192 193 194   
Showing 956 to 960 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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