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, 05 July 17
TANKER MARKET INSIGHT - KATERINA RESTIS
IntermodalA war of words blasted last month as the UAE, S. Arabia, Egypt and Bahrain revealed that they are experiencing severe diplomatic issues with the state of Qatar over assertions that it is sponsoring terrorism. Furthermore, various prohibitions have been imposed on land, sea and air travel as well as movement of goods into and out of Qatar, triggering economic and social isolation. President Trump has supported S. Arabia even though Qatar was recently identified by him as a “strategic partner”. Unfortunately, such developments mark an unprecedented swift in Middle Eastern relations, which undoubtedly affect the maritime industry with developing implications.

Qatari flagged or owned vessels, calling ports in S. Arabia, UAE and Bahrain have been restricted from entering and also excluded from their regional waters. A ban has been imposed in certain ports on vessels of any flag arriving from, or bound for, Qatari ports. Currently, the restriction is related only to the last/next port call as a vessel transiting via a third country such as Kuwait or Oman would not be refused entry. Additionally, Saudi Arabia has prohibited the discharging of goods of Qatari origin in its ports. Egypt further cut off diplomatic ties with Qatar and access to its airspace but Suez Canal transit remains open and unaffected for Qatari flagged or owned vessels and delivery of cargoes. In view of the current situation Qatar ports have not yet declared any joint restraint on any vessel arriving from, or proceeding to, S. Arabia, the UAE or Bahrain.

Moreover, UAE acquires almost 1/3 of its natural gas from Qatar via the Dolphin Energy pipeline. The value of Qatar’s trade with Saudi Arabia is over $2 billion, $7 billion with the UAE and $500 million with Bahrain. Remarkably, Qatar exports more to these countries than it imports. The exposure of the S. Arabia banking sector to Qatar is assessed to be $30 billion with the UAE’s exposure being of similar magnitude. It has recently been reported that some Saudi, UAE and Egyptian banks are suspending business with Qatari banks until they receive guidance from their central banks.

Qatar is a major exporter of condensate and the trade sanction may render the purchase of Qatari crude and condensate difficult. Excluding vessels that have called at Qatar may require traders to differ their trading patterns. For example, as recently reported, the LNG carriers Zarga and Al Mafyar with Qatar cargo onboard are going to Europe around the continent of Africa as an alternative of the preferred route via the Red Sea and the Suez Canal.

Bunkering is also likely to be affected in bunkering ports such as Fujairah, where some three-quarters of tankers sailing through the Gulf stopover to refuel. It is reported that the Fujairah port’s immigration is not permitting crews to join or to sign off vessels coming from or bound to Qatar. Largely, Qatar and its neighbors share strong cultural and family ties.

In any event, for the time being, there is no indication of the dispute de-escalating. In the short term, the costs will fall more heavily but not entirely on Qatar. However, if the conflict persists, Qatar will search for alternative channels, which could in turn change the economic, social, and political landscape of the Gulf in ways that will ultimately challenge its neighbors. The current conflict comes at a time of severe economic downturn caused by the fall in global energy prices. Gulf economies are already distressed due to low oil prices. We expect to have more visibility on the operational and further implications of the restrictions against Qatar as the matter unfolds.

By Katerina Restis
Tanker Chartering

Compiled by:
Intermodal Research & Valuations


Analysts:
Ms Eva Tzima


Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.

The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.


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

Recent News

Friday, 07 July 17
EIA ESTIMATES SHOW U.S WEEKLY COAL PRODUCTION UP 1.7 PERCENT
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.9 million short tonn ...


Thursday, 06 July 17
SUPRAMAX: INDO TO INDIA TRIPS WITH DELIVERY THAILAND RANGE IS GIVING OWNERS AROUND MID $8000 - FEARNLEYS
Supramax Another slow start to the week with somewhat softening rates and few fixtures. According to Fearnleys Weekly Dry bulk report, the N ...


Thursday, 06 July 17
UNEXPECTED MOVE FROM CHINA BOOSTS COAL PRICES - OIL PRICE
Coal prices have been cooling the last few months — after a spectacular run last year. But news late last week suggests the market is about t ...


Wednesday, 05 July 17
COAL PRICES ROSE IN CHINA, JAPAN AND EUROPE IN 2016 - BP
COALspot.com: Coal prices rose in China, Japan and Europe in 2016 after four years of price declines. According to bp, the rise in coal prices ...


Wednesday, 05 July 17
TROUBLE SEEMS TO BE LOOMING ONCE MORE IN THE STEEL INDUSTRY - GEORGE LAZARIDIS
Trouble seems to be looming once more in the steel industry as US President Trump puts forth his plans for specialist protectionist measures for th ...


   401 402 403 404 405   
Showing 2011 to 2015 news of total 6871
News by Category
Popular News
 
Total Members : 28,631
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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