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, 19 December 14
HOW WILL LOWER BUNKER PRICES AFFECT THE SUBSTANTIAL OVERCAPACITY IN DRY BULK MARKET? - BIMCO

As bunker fuel costs have come down from USD 600 per tonnes to USD 330 per tonnes in the past 6 months, much talk about increased ship speed have surfaced.

Some single-voyage or single company estimations aims at supporting reintroduction of higher speed to generate higher revenue and potentially higher earnings. In reality, some of them may actually prove to deliver on the promise too.

However, as Chief Shipping Analyst at BIMCO, Peter Sand, said:

“When you consider the entire dry bulk fleet on a global scale, overcapacity remains substantial. In that sense, there is no overall case for increasing speed anytime soon.

“BIMCO concur to the estimates made by Dreary, which point to an operating surplus of some 25% in the market today.


Bear in mind that as long as the demand side and the supply side continues to match one another quite narrowly, the operation surplus will stay put. We need several years of strong demand growth and low supply growth in order to reduce the overcapacity substantially.

This is why is remains important for industry profitability to make sure slow steaming continues to be an integrated part of business conduct.

Slow steaming
In spite of bunker fuel costs coming down significantly, it remains by far the largest cost item for owners and operators. The hefty fuel bills, seen during the past couple of years, may have been paused for a while, but may also prove sticky as the oil price futures all present a steep counting (Canting is a situation where the futures price (or forward price) of a commodity is higher than the expected spot price).

“Bringing higher ship speed back may cause some unwanted commotion to the freight market, where the norm in recent years has been one of lower and lower ship speed.

“Lower ship speed has significantly assisted freight rates in staying higher than they would in the case of all ships steaming at full ahead. Reversing this.

Source: BIMCO Hellenic Shipping News



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

Recent News

Tuesday, 16 December 14
THIS PRICE IS A STEAL - EVA TZIMA
COALspot.com: Despite concerns that the slowdown of the Chinese economy would affect imports of iron ore, it seems that this has not been the case ...


Tuesday, 16 December 14
FOB RICHARDS BAY COAL SWAP FOR Q2' 15 DELIVERY CLOSED AT US$ 65.60 PMT
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month. The Q1 swap has lost US$ 0.18 (-0.27%) month on month ...


Tuesday, 16 December 14
SUB-BIT FOB INDONESIA COAL SWAP CONTINUES ITS FALL
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, week over week and day on day. The Q1 swap has lost US$ 1.7 ...


Monday, 15 December 14
WILL TANKERS BENEFIT FROM REEMERGENCE OF FLOATING STORAGE PLAYS? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The tanker market has been seeing high freight rates for some time now, riding on the back of low oil prices, which are boosting demand from develo ...


Monday, 15 December 14
INDONESIAN COAL PRICE REFERENCE CRASHES THROUGH $65
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in December. HBA for t ...


   660 661 662 663 664   
Showing 3306 to 3310 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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