We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first five months of 2024, an increase of c.129%. Newbuilding prices for the Large LNG sector of 174,000 CBM are currently at an all-time high of USD 269 mil, up by c. 6.1%.
Values for LNG vessels have increased across all sub sectors and age categories since the start of the year, with 20YO Large LNG vessels of 140,000 CBM up by around USD 10 mil from USD 62.85 mil to USD 72.40 mil, equating to a c.15% increase since the first of January 2024 .
At the moment, the orderbook for the Large LNG sector specifically, stands at c.64% in comparison to the live fleet. The majority of orders placed so far this year are in the Large LNG sector, representing c.74%, followed by QMAX with c.23%. Historically, the only other orders taken for the QMAX sector were in the 2000’s, indicating that the recent orders could be part of a fleet renewal program. Qatar has lead orders in 2024 with a share of c.44%, the UAE represents c.13% and in third place, China with c.9%.
Earnings are currently stable but at low levels, which is usual for the time of year. Although LNG spot rates are up by c.12% month-on-month. Year on year earnings are down slightly by c.1%. However, positive sentiment for this sector stemming from geopolitical uncertainties and an increased amount of LNG being delivered to EU ports to replace the Russian Gas formerly shipped by pipeline, in combination with a push towards newer, greener vessels, have ensured that newbuilding demand for the LNG sector has remained firm.
Notable new orders include 10 x Large LNG vessels of 174,000 CBM by ADNOC scheduled to be built at Samsung and Hanwha Ocean and set to be delivered in 2028, VV value 2.7 bn.
Source: Veson Nautical
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 02 January 24
COAL TRADE CONTINUES TO HEAD EAST - BALTIC EXCHANGE
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the Inte ...
Tuesday, 02 January 24
COAL CARGOES: AVOIDING EXPLOSION AND SELF-HEATING - GARD
KNOWLEDGE TO ELEVATE
Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is ...
Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an o ...
Thursday, 07 December 23
CHINA TO SET UP COAL PRODUCTION RESERVE TO STABILISE PRICES - REUTERS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Friday, 01 December 23
COAL MINERS GROUP EXPECTS INDONESIA’S 2023 COAL OUTPUT TO SURPASS TARGET - REUTERS
The Indonesian Coal Mining Association (ICMA) expects the country’s 2023 coal output to surpass the official target of 695 million metric ton ...
|
|
|
Showing 61 to 65 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
|
| |
| |
|
