We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 06 March 18
LNG VESSELS HAVE EMERGED AS THE FASTEST GROWING SEGMENT FOR THE WATERWAY - GERRY LATHROP
 The day was July 25th 2016, a partly cloudy day on the Panama canal, and to most people a rather innocuous day without any real merit, however in shipping it marked the first of a momentous milestone, the day the first LNG vessel transited the new canal locks. The vessel was the Maran Gas Apollonia on charter to Shell, she had loaded her cargo from Sabine Pass LNG Terminal (the only LNG export terminal in the US) to discharge in Yantian, China said Gerry Lathrop, Research Analyst of Allied in his latest weekly report.
You may be asking yourselves, what is LNG? In shipping we have been hearing the acronym thrown around since at least the 1970s when the first LNG vessels were built, but a lot of people still don’t know exactly what it is. In essence, LNG is natural gas converted to liquid form by cooling it to an astonishing −162 °C at atmospheric pressure.
According to Gerry Lathrop, Natural gas is currently the fastest growing energy commodity according to data published in BP’s Energy outlook 2017, the authors expect the growth to average around 1.6% per annum between now and 2035. By sector, the largest contribution to consumption growth comes from the industrial sector, with combusted and non-combusted use accounting for 45% of growth, followed by power generation. According to BP, LNG imports to China are expected to supply around two thirds of the increase in imports, with pipelines of CNG from Russia making up the remainder.
Research Analyst of Allied further noted, since the opening of the Neo-panamax locks, LNG vessels have emerged as the fastest growing segment for the waterway. This month the Panama Canal Authority is expecting its 300th LNG vessel to transit the new Neo-Panamax locks. Currently of the 7 booking slots offered daily to Neo-panamax vessels, the canal authority allows one to be allocated to an LNG vessel each day. This is done so that the pilots at the canal can familiarize themselves and get experience, safely navigating these specialized vessels, as the canal authority expects the number of transits to increase significantly the coming years as the US ramps up its LNG production and exports. Currently Qatar and Australia are the largest exporters respectively making up almost 50% of total exports in 2016, according to data from IGU’s 2017 report. Most of this LNG was destined for the Asia-Pacific market. In total the Middle East exported 64.6 million tons to the area out of 91 million total tons. Similarly exports from the Asia-Pacific region to other Asian countries totaled 98 million tons out of 99.5 million total tons exported.
He further said, as of last year, Japan, South Korea, and China were the biggest importers of LNG making up more than 55% of total imports, with China noting the biggest increase in imports from year-on-year, about 6.9 million tons more than the previous year.
But how does this tie in with the US and more importantly the Panama Canal? In 2013 the total number of exports of LNG from North America (with the exception of re-exports) amounted to 0 tons, in 2014, that number rose to 0.3 million tons exclusively to Asia-Pacific. In 2015 that number stayed flat at 0.3, and then in 2016, that number almost doubled to 0.5m tons to the Asia-Pacific region with another 2.4m total tons going to other destination.
According to the Panama Canal Authority, they expect the total number of LNG traffic through the canal to grow by 50% from the previous fiscal year, or from about 163 transits, to about 244. This means that the total expected income from LNG vessels (if all are about 174k cbm) will be in the region of 93 million USD from laden voyages only, according to tariffs provided by the canal authority.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 02 March 18
MORE COAL INQUIRES FROM SOUTH AFRICA TO INDIA; SUPRAS FIXED CA $12K + BB - FEARNLEYS
Supramax
Better rates in Atlantic, but not too busy market just yet.
Black Sea catched improving rates for grain cargoes, where supras to Eg ...
Friday, 02 March 18
U.S. WEEKLY COAL PRODUCTION DOWN 2.7 PER CENT W/E 24 FEB, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Wednesday, 28 February 18
INDIA: TEPID COAL TRAFFIC TO HIT VOLUME GROWTH AT PORTS TILL 2022 - PTI
Cargo growth at the country’s major ports is all set to moderate to 3-5 per cent per annum over the next five years due to the “sedate ...
Wednesday, 28 February 18
MARKET INSIGHT - LINOS KOGEVINAS
US Shale production continues to grow rapidly, hitting new records and with projections being revised upwardly at every turn. According to the Inte ...
Tuesday, 27 February 18
SHELL SEES POTENTIAL LNG SUPPLY SHORTAGE AS GLOBAL DEMAND SURGES
Media Release: The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 ...
|
|
|
Showing 1791 to 1795 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- White Energy Company Limited
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
|
| |
| |
|
