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
Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
BIMCOSupply/demand 
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as newbuilding deliveries increase, BIMCO said in its latest report.
 
According to Niels Rasmussen, Chief Shipping Analyst of BIMCO, driven by increasing sailing distances product tanker demand is also expected to grow faster than supply in 2024 but slower in 2025 as ships return to normal routings. A tightening supply/demand balance should result in increases in rates and prices in both market in 2024 but could weaken in 2025, especially in the product tanker sector.
 
Demand
The report further noted that, the IMF estimates that the global economy will grow 3.2% in 2024 and 3.3% in 2025. Growth is slowing in key countries such as the US, China and India. The IEA estimates that crude supply will grow 0.3 mbpd in 2024 and 1.5 mbpd in 2025. Mainly US, Brazil and Guyana will increase supply.
 
The IEA expects, the report says, an oil demand increase of 1.0 mbpd in both 2024 and 2025. Demand continues to grow mainly in Asia while demand in OECD countries has stagnated.
 
We have assumed that Red Sea rerouting may last throughout 2024. Longer sailing distances are therefore estimated to drive 100% of 2024 demand increases, Niels Rasmussen, Chief Shipping Analyst of BIMCO says in its report.
 
Supply
commenting on supply, the report says, the crude tanker fleet is estimated to grow 0.5% in 2024 and 1.2% in 2025 as the order book remains small.
 
Product tanker fleet growth is expected to be 1.6% in 2024 but increase to 4.8% in 2025 as deliveries of ships contracted in 2023 begin.
 
predicted weakening of product tanker fundamentals are expected to lower sailing speed in 2025. In 2024, sailing speed will not impact supply growth, the latest report of BIMCO says.


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

Recent News

Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...


Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...


Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...


Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...


Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1.  The Australian and South African benchmarks have plummeted more ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6871
News by Category
Popular News
 
Total Members : 28,616
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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