We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 17 October 17
U.S RECORD EXPORTS OIL TO EAST HAS HELPED THE TANKER TRADE - GEORGE LAZARIDIS
 There was a flood of fresh news this week which clouded the overall prospects of the crude oil market. Just one week prior Saudi Arabia and Russia, the two countries which together produce roughly one fifth of global oil supplies, made a joint announcement reaffirming their commitment to cut back production and help alleviate markets from the glut in supply faced right now said George Lazaridis in his latest report.
According to George Lazaridis, on the back of these positive news the price of crude oil started to show signs of life, with an increase of more than US$ 1 per barrel being seen just hours after the news came out. Moving on to last Monday and there was already a considerable amount of market activity, while most kept a keen eye out for what key findings would be given from OPECs monthly report as well as the US Energy and Information Administration’s weekly inventory report.
Head of Market Research & Asset Valuations of Allied Shipping further noted, OPEC’s in-house analysis in its monthly oil market report did not disappoint, quoting a considerable increase in its forecast for demand next year. It noted a more than 0.6% increase compared to its previous month’s forecast levels, basin this largely on much stronger demand levels now being expected from OECD countries and the lower estimates of non-OPEC supply. The market reaction was almost imminent with the price of Brent crude reaching just under US$ 57 per barrel. This gain seemed to have been further boosted on early Friday as the EIA’s weekly inventories figures showed a decrease by 2.8 million barrels from the previous week while it also reaffirmed the sense of weakening shale oil production figures moving forward. The rally continued on for most of Friday and looks to still have steam in early hours of trading today.
He further added, in the midst of this we continue to see a big volume of U.S. crude heading to the East, with the increased price gap between WTI and Brent pushing for an increase in Far East appetite for U.S. oil, and the U.S. having already noted a record exports of 1.98 million barrels per day by late September. This opening of this trade has helped the tanker trade, adding a fair amount of miles per tonne of crude oil imports made by major importers such as China.
All this has helped boost the image of the crude oil tanker, with freight rates having already seen a fair rise over the past couple of weeks and things looking to gain in strength over the coming months as the winter season demand spike starts to show face. This in combination with the slower fleet growth being seen of late and we have started to see some improvement in prospects moving forward for these large crude oil carriers. In combination with the increased refining capacity being established in the Far East, and we may well see an increase in trade that could well push for a further overall improvement in the market.
It seems as though the prospects for 2018 have improved and there is more and more confidence that the difficulties faced during the second half of 2016 as well as in the year so far may well be behind us. That is not to say that anyone is holding out expectations for any extraordinary rally to take place, but rather that a better market balance could be reached than the one faced right now. This balance may just turn out to be exactly what the crude oil tanker markets needs right now he concluded.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 09 October 17
INDIA'S COAL IMPORTS UP 10% IN SEPT AS POWER PLANTS FACE FUEL SHORTAGE - PTI
Coal imports rose by 9.5 per cent to 18.33 million tonnes (MT) in September, after having registered year-on-year decline for five months in a row, ...
Friday, 06 October 17
U.S. WEEKLY COAL OUTPUT HAS REBOUNDED AFTER DECLINING 5 WEEKS IN A ROW
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tons ...
Wednesday, 04 October 17
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
During the past couple of months the dry bulk market has displayed particularly strong momentum and we have been witnessing steady appetite and act ...
Tuesday, 03 October 17
VIETNAM'S COAL-FIRED THERMAL POWER DEPENDENT ON CHINA - VIETNAMNET BRIDGE
A report from the Green Innovation and Development Centre (GreenID) showed that, as of the end of last year, of 27 coal-fired thermopower plants, 1 ...
Tuesday, 03 October 17
RIO TINTO COMPLETES FIRST FULLY AUTONOMOUS RAIL JOURNEY IN WESTERN AUSTRALIA
Rio Tinto has successfully completed the first fully autonomous rail journey at its iron ore operations in the Pilbara region of Western Australia ...
|
|
|
Showing 1921 to 1925 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Planning Commission, India
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
|
| |
| |
|
