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 : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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