We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage while increasing transit time from 16 days to 32 days according to a report by LSEG Shipping Research.
These additional costs mostly accounts for extra fuel and increases costs for an Aframax tanker by 110%, while for a large container vessel it increases by 35% for a voyage between Asia to NW Europe.
Transits through Suez have been hugely affected following the Red Sea attacks. Average monthly transits through the Suez from June to November 2023 was seen at 1914. This dropped to 1672 in December, a 12.6% drop in transits and January month-to-date transits are assessed at 947 as of 22nd Jan, which translates to a 32.6% decline.
Daily container vessel traffic within the Red Sea have dropped by almost 60% since mid-December, with the larger container ships being the most responsive to avoid the region as their transits have declined by over 80%.
For those that elect to transit via the Red Sea, ships are also using AIS to broadcast deterrence messages in addition to standard security protocols.
Fabrice Maille, Global Head of Shipping at LSEG, comments: “As we saw with the grounding of the Ever Given in 2021, the importance of the Suez Canal and the Red Sea to global trade cannot be understated.
“The impact of this conflict is therefore considerable leading to very difficult decisions to be made regarding financial costs and security risks.
“Our customers are bringing together a vast array of data points from insurance premiums, average speed, and even AIS messages aimed at threats, in real-time, to mitigate these risks effectively. Their feedback is also helping us develop tools and solutions to help respond to future crises.”
Source: LSEG
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 20 January 16
SHIPPING MARKET INSIGHT - NASOS SOULAKIS
If you believe in the “January effect”, the theory according to which the beginning of a new year has a positive effect on financial in ...
Tuesday, 19 January 16
HAPPY NEW YEAR, COAL PRODUCERS! OR MAYBE NOT - ANDY ROBERTS
To coal producers, 2015 must have seemed far longer than 365 days. From their perspective, as bad as markets were at the beginning of the year, and ...
Tuesday, 19 January 16
COALTRANS ASIA IS RETURNING TO BALI
22nd Coaltrans Asia
Coaltrans Asia is returning to Bali to bring together over 1000 industry decision makers and thought leaders for three day ...
Monday, 18 January 16
INDONESIAN 5700 GAR COAL INDEX ROSE 0.60% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline slightly week over week to averaging $39.93 per ton on this past Friday, acc ...
Monday, 18 January 16
BALTIC DRY SHIPPING INDEX DROPS TO 373 POINTS; DECLINE 13% WEEK OVER WEEK
COALspot.com: The freight market dropped this week as the BDI declined further 13 percent to 373 points week over week. The Cape index ...
|
|
|
Showing 2576 to 2580 news of total 6846 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Posco Energy - South Korea
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- The University of Queensland
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- The Treasury - Australian Government
|
| |
| |
|
