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
Friday, 08 October 21
SEPTEMBER CRUDE OIL TANKER DEMOLISHING HITS 39-MONTHS HIGH AT 1.9M DWT - PETER SAND
BIMCOHas the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answer is “yes”. Despite this, it is still too early, however, to declare a sudden U-turn, as we have only seen 2.2m DWT scrapped in the previous eight months of this year.
 
For the month of September, 15 crude oil tankers, three oil product tankers, two small Handymax bulkers and no containerships have been demolished. For 2021 as a whole, just 15 containerships (average age of 28 years) have been demolished, a testament to a spectacularly profitable container freight market. A freight market which is in sharp contrast to that of crude oil tankers.
 
Whereas September did not bring around any sudden events, that could prompt October to see high crude oil tanker demolitions too, the removal of three high steel content super tankers bringing in USD 27.4m per ship to its owners, may be a one-off.
 
“The increasing number of VLCCs being demolished is the main driver behind this 39-months high. Still, in addition to the four 25-year-old VLCCs, we had one Suezmax, four Aframaxes removed from the actively trading fleet in September adding to the much-needed rebalancing of the supply and demand balance of the market,” says Peter Sand, BIMCO’s Chief Shipping Analyst.
 
“Spot market freight rates for all sizes of crude oil tanker are still loss-making as we head into the early winter market, which often brings about positive surprises to the spot market freight rates, while denting the demolition interest at the same time,” Sand says.
Source: BIMCO, By Peter Sand, Chief Shipping Analyst


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

Recent News

Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...


Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and bus ...


Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
Steel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry e ...


Wednesday, 06 October 21
INDONESIA COAL PRICE REFERENCE: ANOTHER MONTH, ANOTHER RALLY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second and third quarters of 2021 as it reached a pinnacle of $161.63 Oc ...


Wednesday, 06 October 21
EUROPEAN COAL FUTURES CLIMB TO 13-YEAR PEAK - REUTERS
European coal futures rose to a 13-year high and physical thermal coal prices were at record highs as rallying gas prices and strong Asian demand f ...


   92 93 94 95 96   
Showing 466 to 470 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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