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, 18 May 14
FREIGHT RATES ARE EXPECTED TO BE FIRM NEXT WEEK
COALspot.com: The freight market was steady with the BDI was closed slightly higher at 1027 points  or up 3.00 pct week on week. The Cape ...


Friday, 16 May 14
KOMIPO IS LOOKING FOR 60K MT OF LOW VOLATILE BITUMINOUS COAL
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International open bidding for 60,000 Metric Tons (MT) of low volatile bitumi ...


Friday, 16 May 14
U.S. COAL PRODUCTION TOTALED APPROXIMATELY 18.9 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal i ...


Thursday, 15 May 14
PANAMAX : SHORT PERIOD UP TO ONE YEAR REPORTED IN THE 12.000-12.500 RANGE - FEARNRESEARCH
Handy The Supra and handy market seems to be affected by the recent holidays in Singapore which still relatively quiet. There are some Indo / ...


Thursday, 15 May 14
USA COAL CONFERENCE
Press Release: IHS Inc. (NYSE: IHS), the leading global source of information and analysis, will host the Coal USA Conference, June 18-20, 2014, ...


   739 740 741 742 743   
Showing 3701 to 3705 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 ...

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