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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.
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Thursday, 21 December 17
SUPRAMAX: IN THE MOST CHANCE, DO NOT EXPECT ANY DRAMATIC CHANGES IN THE NEAR FUTURE - FEARNLEYS
Supramax
Market reducing speed. Rates are dropping further for supras outbound USG on fronth, bkhaul is more stable i.e $25k/22k respectively say ...
Wednesday, 20 December 17
INDONESIAN HBA FELL FOR THE FIRST TIME IN SIX MONTHS, GOVERNMENT DATA SHOWS
COALspot.com: HBA fell 0.80 per cent in December, marking the first fall for the Indonesian Coal Price Reference ( HBA) since June 2017, the latest ...
Monday, 18 December 17
U.S. COAL EXPORTS FOR THE FIRST THREE QUARTERS OF 2017 WERE 69 MMST; UP 68% M/M - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.5 million sho ...
Thursday, 14 December 17
SUPRAMAX: INDO COAL TO CHINA AROUND LOW $10K DELIVERY SINGAPORE
Supramax
Atlantic basin kept its firm pace with charters still busy with covering pre-holiday requirements. Ultras got close to $20k for ordinary ...
Wednesday, 13 December 17
REFINED COAL HAS MADE UP NEARLY ONE-FIFTH OF COAL-FIRED POWER GENERATION SO FAR IN 2017 - EIA
The U.S. power sector consumption of coal is increasingly shifting to refined coal, even as coal-fired electricity generation decreases. Use of ref ...
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Showing 1846 to 1850 news of total 6871 |
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- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- MS Steel International - UAE
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
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