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
Saturday, 01 February 20
50 MILLION PEOPLE QUARANTINED IN CHINA TO CONTAIN SPREAD OF CORONAVIRUS - HOW DOES IT AFFECT SHIPPING? - BIMCO
The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused massive uncertainty across the global markets with the official death toll rising to 213 people on 31 January 2020. Approximately 50 million people is on lockdown in 16 quarantined cities (source: The Washington Post on 28 January 2020).
 
The outbreak coincides with the Chinese Lunar New Year Holiday, the low season for seaborne demand. The outbreak has led to a nation-wide extension of the holiday until 10 February 2020 at least, essentially shutting down a large fraction of the Chinese economy. Given the rapid spread of the virus it seems likely that the shutdown could be extended even further, which is set to protract the seasonal slump for the shipping markets.
 
Implications for the shipping markets
Dry bulk shipping remains heavily reliant upon robust Chinese imports and a prolonged shutdown of the Chinese economy is set to bring a significant slowdown of industrial production, which will inevitably deepen the seasonal slump that the dry bulk is currently stuck in. IMO2020 is also taking its toll.
 
China’s import of crude oil products plays a pivotal role for tanker shipping. The virus has already taken its toll on domestic demand for oil products and anecdotal evidence suggests that Chinese refinery utilization rates have been dropping over the past week, limiting the need for crude oil imports.
 
Liner shipping is dependent upon external demand, which currently remains somewhat unaffected, but a slowdown of Chinese manufacturing, induced by the virus, could lead to lesser container exports from China. Major carriers have already started to blank more sailings and the trend is expected to persist if the virus continues to spread.
 
Medium-term implications are hard to forecast at such an early stage, but with past virus outbreaks the markets have typically rebounded in a matter of months. The outbreak of the coronavirus adds yet another layer of massive uncertainty to the shipping markets.
 
Naturally, shipyards, repair yards as well as ships in transit are also indirectly affected by this issue.
Source: BIMCO


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

Recent News

Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...


Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...


Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...


Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...


Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...


   5 6 7 8 9   
Showing 31 to 35 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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