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

Saturday, 25 March 23
ASIAN CRUDE PALM OIL WATCH 1Q23 - FITCH RATINGS
Malaysian benchmark crude palm oil (CPO) spot prices have averaged around USD915 per tonne (t) so far in 1Q23, sharply lower than the average of ar ...


Saturday, 25 March 23
INDONESIA’S COAL EXPORT INCREASED BY 21.0% YOY TO 388.4 MLN T IN 2022 - BANCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels. In the f ...


Saturday, 25 March 23
GLOBAL LNG-ASIA SPOT PRICES SLIP AS WEAK NORTHERN DEMAND REMAINS - REUTERS
Asian spot prices of liquefied natural gas (LNG) declined this week, falling to a 21-month low, as weak demand in the northeast Asia region continu ...


Wednesday, 22 March 23
OIL PRICE FALL SPECULATIVE, TO HIT $140 BY YEAR-END -ANDURAND: REUTERS
The recent fall in oil prices due to banking jitters is speculative and oil will hit $140 a barrel by the end of the year, hedge fund manager Pierr ...


Wednesday, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...


   22 23 24 25 26   
Showing 116 to 120 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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