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, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...


Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...


Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...


Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...


Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...


   5 6 7 8 9   
Showing 31 to 35 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 ...

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