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
Wednesday, 07 December 16
IT'S BEEN YET ANOTHER TURBULENT COUPLE OF DAYS..... - GEORGE LAZARIDIS
PanamaxIt’s been yet another turbulent couple of days, with a significant number of news headlines shaking up  markets.

On Friday we had  the OPEC agreement coming to light, with all members and Russia agreeing to cut down production outputs.  This has had a fairly imminent impact with Brent crude oil rising to above US$ 55 a barrel earlier today, the  highest level it has reached in over 16 months, says George Lazaridis  Head  of Market Research &  Asset Valuations of Allied in his latest weekly report.

George Lazaridis further says, despite the fact that there is still considerable debate as to how the price will trend moving forward, with some estimates reaching as high as US$60 and US$70 a barrel.  There is however some skepticism in reference to the effectiveness of this current agreement. There are a number of major non-member producers which could threaten the effectiveness of this deal, while  there is even a threat from  within OPEC itself.  The last time that a quote was set, members exceeded their individual quotes for 20 out of the 24 months before the quote being eventually scrapped at the  end of 2015.

Allied Shipbroking’s weekly report further noted that it wasn’t all about oil this week, with the Referendum in Italy on Sunday taking main stage and threatening stability  with in Europe and the Euro are a once again. After losing the Referendum, Italy ’s Prime  Minister, Matteo  Renzi, is now anticipated to offer his resignation to the President Sergio Mattarella, who in turn will have to weigh the options and see how well balanced the governing party  is to support another prime minister while seeking to avoid the option of early elections taking place. This was initially  a major hit on the Euro, with early hours trading on Monday seeing a considerable drop. Things however took a quick shift as markets started to re-question the significance this could have on the market, while it also seems as though markets had already priced in the outcome of the  referendum several weeks in advance seeing that the  “No ” vote was ahead in most pre-voting polls.

According to George Lazaridis, all these developments have only gone towards further strengthening the U.S. Dollar which now seems to be become a threat in itself for most of the emerging markets. Major markets such as Europe and Japan cheer on for a stronger dollar, which has the benefit of allowing them to improve their trading terms while also helping keep pressure on inflation. Things are very different for most emerging markets however which will have to battle out with their dollar denominated debt held by  both governments and companies, while there are concerns that a stronger dollar will also create a shortage of credit for these markets.  The fear is that the overall net effect could be a dampener on trade , though this is disputable as in a state were the OECD  economies start to generate higher economic growth figures they  could also produce the consumption needed to drive trade and growth for emerging markets and help them counter any negative offset produced in the short -run by a stronger dollar.

As for shipping, the effects are also mixed. On the one-hand you have worries as to how trade could be effected by both the strengthening of the price of crude oil and the stronger U.S. Dollar, though this is nothing new for us given that we have been in a “limbo ” state of uncertainty for several years now. The most imminent  effect will likely be on asset prices, with several ship owners with debt denominated in currencies other the U.S. dollars (e.g.  Japanese  owners) likely  to look more favourably on any sale option as the U.S. dollar strengthens.  This however could have an unintended consequence, with a bigger selection of high specification units driving the buying frenzy further in markets such as that of dry bulkers, George Lazaridis concluded.


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

Recent News

Wednesday, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
U.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA. ...


Monday, 05 December 16
INDIAN HYDROPOWER PRODUCTION AT LOWEST LEVEL SINCE 2012, SAYS COMMODORE RESEARCH
According to Commodore Research, the first eleven months of this year have seen India’s overall electricity production total approximately 1. ...


Monday, 05 December 16
THE DECEMBER 2016 HBA HITS TO ITS HIGHEST LEVEL SINCE MAY 2012
COALspot.com: The Indonesia coal benchmark price hits to its highest level since May 2012. The government declared benchmark prices for Indo ...


Monday, 05 December 16
BALTIC PANAMAX INDEX UP 5.98%; BALTIC CAPE INDEX FELL 2.52% W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rally slightly continues this past week and ending on a s ...


Sunday, 04 December 16
U.S. WEEKLY COAL OUTPUT DECLINED 11.9% W/E 26 NOV; UP 1.4% Y/Y, EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.2 million short ton ...


   437 438 439 440 441   
Showing 2191 to 2195 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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