We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Monday, 08 December 14
GOVERMENT TO WITHDRAW CNC STATUS OVER SUSPECTED FLAWS - THE JAKARTA POST
The Energy and Mineral Resources Ministry’s directorate general for mineral and coal plans to review the clean and clear (CnC) status held by ...
Monday, 08 December 14
FOB NEWCASTLE COAL SWAPS SLIP W-O-W AND M-O-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.10 on 5 December after losing US$ 0.55 (-1.04%) month over ...
Sunday, 07 December 14
SUPRAMAX S8 ROUTE SLIGHTLY INCREASED WEEK ON WEEK
COALspot.com: The BDI continued its fall as cape index fell heavily week on week.
The BDI lost around14.83 pct within last five working day an ...
Saturday, 06 December 14
TANKER FLOATING STORAGE PLAYS COULD COME INTO PLAY IF VLCC RATES STAY AT CURRENT LEVEL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Contango: A phenomenon in commodities futures price curves where the delivery price of a futures contract is greater than the current price. With t ...
Saturday, 06 December 14
MUNDRA PORT MAKES HISTORY BY HANDLING THE LARGEST BULK CARRIER TO CALL ON WEST COAST OF INDIA
COALspot.com: Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, yesterday said its Mundra Port successf ...
|
|
|
Showing 3321 to 3325 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
|
| |
| |
|
