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
Thursday, 09 October 14
SHIPPING REMAINS CHALLENGED AS GLOBAL GROWTH DISAPPOINTS - BIMCO

The global shipping industry finds no grace from much stronger economic activity going forward, as the global recovery remains fragile and uneven. Shipping being a derived demand of global economic growth, will see lower demand in coming years, all other things being equal, than what was previously expected. This goes for all the major shipping segments, dry bulk, tankers and containerships.

The Update of the World Economic Outlook from the International Monetary Fund (IMF) has just been released. Headline global GDP growth is revised downwards by 0.1 and 0.2 for 2014 and 2015 respectively to reach 3.3% and 3.8%

The IMF points out that global investment has been weaker for some time now, limiting the prospects for higher growth going forward. This has led to a lowering of 2015 expected growth more or less across the board. Moreover the burden from the recent years of crisis still haunts, primarily the advanced economies. Whereas several emerging and developing economies which are running at a higher growth level, are been dragged down by poor export markets.

1. The US is expected to grow by 3.1% up by 0.5 from IMFs most recent July estimate. Employment numbers are strong, so now we higher wages are anticipated to follow suit soon in order to develop a sustainable economy for the future

2. In the Euro Area, German, France and Italy are all revised downwards by 0.4-0.5. This leaves Italy in negative territory for the third year running, at -0.2% for 2014. France is now expected to grow by 0.5% and Germany by 1.4% in 2014.

3. Forecast for India is up by 0.2% to 5.6% with China hanging in there at an unchanged 7.4% for 2014.

4. Finally, Russia is expected to take more hardship from its involvement in geopolitical uncertainties with Ukraine. IMF halved its forecast for 2015 growth in Russia now seen at 0.5% with 2014 still staying above water at 0.2%.

Chief Shipping Analyst at BIMCO, Peter Sand, said:

“The revised forecast from IMF was somewhat anticipated but the wide spread negatives seems to outweigh the positives this time around.

“Shipping being a derived demand of global economic growth, will see lower demand in coming years, all other things being equal, than what was previously expected.

“For container shipping it is positive that the US is now set to grow stronger even though demand from Euro Area weight in the other direction the sum of the parts are still positive.

Source: BIMCO / Hellencshipping



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

Recent News

Sunday, 15 June 14
COAL FREIGHT RATES FALL FURTHER ON LACK OF DEMANDS - CAPT. REDDY
COALspot.com: The BDI softened this week as all segments fell this week. The Panamax sector being most affected. The Cape index was down 3.51 pct w ...


Friday, 13 June 14
US COAL PRODUCTION FELL 3% IN WEEK THAT ENDED JUNE 7, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 18.6 million short tons (mmst) of coal in a ...


Friday, 13 June 14
DRY BULK MARKET KEEPS ON FALLING, DESPITE RESPITE OF THE CAPESIZE SECTOR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept on its lacklustre performance overall, with the Baltic Dry Index (BDI) still hovering below the 1,000 point mark. Yest ...


Thursday, 12 June 14
INDONESIA SETS HBA FOR MONTH OF JUNE AT US$ 73.64
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised up first time in last four months the coal bench mark price. ...


Thursday, 12 June 14
HANDY : TA MARKET IS CONTINUING SOUTH WITH A DECREASE OF 26% W-O-W
Handy The week started off with holidays in most European countries and the TA market is continuing south with a decrease of 26% w-o-w. We do see ...


   730 731 732 733 734   
Showing 3656 to 3660 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 ...

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