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.
|
|
Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
|
|
|
Showing 41 to 45 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Marubeni Corporation - India
|
| |
| |
|