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
Thursday, 07 May 20
CRUDE OIL TANKER EARNINGS DROP 68% IN NINE DAYS - BIMCO
BIMCOCrude oil tanker earnings have come down sharply in recent weeks with Very Large Crude Carrier (VLCC) earnings from the Middle East Gulf to China dropping 68% in just nine days (from USD 222,591 per day on 22 April to USD 71,885 per day on 4 May). In the same period, daily VLCC earnings from the Middle East Gulf to the US Gulf have plunged nearly 80% (from USD 162,433 per day to USD 36,249).
 
The window of extraordinary earnings closed at the end of April with the OPEC+ oil production cuts of 9.7 m/bpd on 1 May, reducing the flood of oil in the market. The tanker market is now challenged by a collapse in oil demand as a result of the coronavirus outbreak.
 
The oil supply and demand shocks of 2020
 
The oil tanker market has enjoyed a paradise of profitability, but very much on borrowed time since the outbreak of the oil price war. As the oil supply shock abates, the effect of the unprecedented oil demand shock, estimated to be a drop of 23.1 m/bpd in the second quarter (source: IEA), will set in.
 
Perhaps, second only to a coronavirus vaccine, oil storage has been the most sought-after item in recent months. This has been reflected in the skyrocketing crude oil tanker time-charter rates brought about by oil suppliers and traders seeking to charter ships for floating storage.
 
The uptick in floating storage in 2020, temporarily removing capacity from the market, is not expected to provide a silver lining that can offset the faltering demand and overcapacity. One can only hope that the strong earnings have fortified the cash reserves of oil tanker companies for the treacherous months that lie ahead.
Source: BIMCO


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

Recent News

Thursday, 07 May 20
UKRAINE PRODUCES 2.5 MLN TONNES OF COAL IN APRIL - UKRINFORM
Ukraine produced 2.5 million tonnes of coal in April 2020, which is 39% less than planned, according to the Coal Miners Union of Ukraine.   ...


Thursday, 07 May 20
INDIA: GOVT TO DO AWAY WITH MANDATORY WASHING OF COAL FOR THERMAL POWER UNITS - BUSINESS STANDARD
The Centre is planning to do away with the mandatory requirement of washing of coal before it is transported to thermal power stations. The Ministr ...


Thursday, 07 May 20
CIL'S SUPPLY TO POWER SECTOR FALLS IN MARCH AMID SLUMP IN COAL DEMAND - PTI
The supply of coal to the power sector by state-owned CIL registered a decline of eight per cent to 42.30 million tonne in March in the wake of slu ...


Thursday, 07 May 20
COAL PRICE REFERENCE FALL SHARPLY IN MAY 2020 DUE TO CORONAVIRUS OUTBREAK
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...


Wednesday, 06 May 20
KOSPO INVITED COAL BIDS FOR LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 160,000 Metric Tons (MT) Low Calorific Value Coal for J ...


   195 196 197 198 199   
Showing 981 to 985 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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