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, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
BIMCOSupply/demand 
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as newbuilding deliveries increase, BIMCO said in its latest report.
 
According to Niels Rasmussen, Chief Shipping Analyst of BIMCO, driven by increasing sailing distances product tanker demand is also expected to grow faster than supply in 2024 but slower in 2025 as ships return to normal routings. A tightening supply/demand balance should result in increases in rates and prices in both market in 2024 but could weaken in 2025, especially in the product tanker sector.
 
Demand
The report further noted that, the IMF estimates that the global economy will grow 3.2% in 2024 and 3.3% in 2025. Growth is slowing in key countries such as the US, China and India. The IEA estimates that crude supply will grow 0.3 mbpd in 2024 and 1.5 mbpd in 2025. Mainly US, Brazil and Guyana will increase supply.
 
The IEA expects, the report says, an oil demand increase of 1.0 mbpd in both 2024 and 2025. Demand continues to grow mainly in Asia while demand in OECD countries has stagnated.
 
We have assumed that Red Sea rerouting may last throughout 2024. Longer sailing distances are therefore estimated to drive 100% of 2024 demand increases, Niels Rasmussen, Chief Shipping Analyst of BIMCO says in its report.
 
Supply
commenting on supply, the report says, the crude tanker fleet is estimated to grow 0.5% in 2024 and 1.2% in 2025 as the order book remains small.
 
Product tanker fleet growth is expected to be 1.6% in 2024 but increase to 4.8% in 2025 as deliveries of ships contracted in 2023 begin.
 
predicted weakening of product tanker fundamentals are expected to lower sailing speed in 2025. In 2024, sailing speed will not impact supply growth, the latest report of BIMCO says.


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

Recent News

Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...


Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...


Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...


Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...


Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...


   5 6 7 8 9   
Showing 31 to 35 news of total 6871
News by Category
Popular News
 
Total Members : 28,616
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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