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, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...


Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...


Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...


Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...


Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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