News

Vietnam to continue increasing coal imports in coming years due to power scarcity 25/09/2023

Vietnam has suffered intermittent power shortage crises in the past two years, prompting the country's coal-fired power plants to import more coal to meet high demand for electricity generation.

Vietnam Jul coal production up 0.84% YoY 08/09/2023

Vietnam's coal output fell for the fourth straight month in July to below 4 million tonnes but was slight higher than the same month last year, according to the latest data from the General Statistics Office (GSO).

Vietnam to cut coal mining, boost imports 24/08/2023

Vietnam has outlined a strategic plan to reduce its reliance on domestic coal mining while increasing coal imports to meet the nation’s power generation demand.

Vietnam spends US$4.3 billion on importing nearly 30 million tonnes of coal 22/08/2023

Vietnam spent US$4.3 million on importing more than 29.56 million tonnes of coal during the opening seven months of the year, representing an annual increase of over 10 million tonnes.

Shipping will have to contend with the onset of El Niño weather phenomenon 12/01/2023

As widely expected the onset of the El Niño weather phenomenon was officially confirmed yesterday, news that will have significant ramifications for the global shipping industry over the following 12 months.

Sea World sells oil tankers to a Vietnamese company 24/03/2023

The large disparity between China's enormous energy needs driven by its economy and its minimal domestic oil and gas reserves means that the country is a key driver of the 'supercycle'.