We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first five months of 2024, an increase of c.129%. Newbuilding prices for the Large LNG sector of 174,000 CBM are currently at an all-time high of USD 269 mil, up by c. 6.1%.
Values for LNG vessels have increased across all sub sectors and age categories since the start of the year, with 20YO Large LNG vessels of 140,000 CBM up by around USD 10 mil from USD 62.85 mil to USD 72.40 mil, equating to a c.15% increase since the first of January 2024 .
At the moment, the orderbook for the Large LNG sector specifically, stands at c.64% in comparison to the live fleet. The majority of orders placed so far this year are in the Large LNG sector, representing c.74%, followed by QMAX with c.23%. Historically, the only other orders taken for the QMAX sector were in the 2000’s, indicating that the recent orders could be part of a fleet renewal program. Qatar has lead orders in 2024 with a share of c.44%, the UAE represents c.13% and in third place, China with c.9%.
Earnings are currently stable but at low levels, which is usual for the time of year. Although LNG spot rates are up by c.12% month-on-month. Year on year earnings are down slightly by c.1%. However, positive sentiment for this sector stemming from geopolitical uncertainties and an increased amount of LNG being delivered to EU ports to replace the Russian Gas formerly shipped by pipeline, in combination with a push towards newer, greener vessels, have ensured that newbuilding demand for the LNG sector has remained firm.
Notable new orders include 10 x Large LNG vessels of 174,000 CBM by ADNOC scheduled to be built at Samsung and Hanwha Ocean and set to be delivered in 2028, VV value 2.7 bn.
Source: Veson Nautical
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
...
Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
|
|
|
Showing 11 to 15 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
|
| |
| |
|
