We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
 Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to continue hitting dry bulk shipowners hard.
Tonnage supply hit a massive 605 million dwt at the end of 2011, an increase of 15.2%, which is even more impressive considering 19 million dwt was removed in the same period. With rates suffering under current market conditions Drewry’s forecast for the fleet hitting 684 million dwt by the end of 2012 and 765 million dwt by the end of 2016 signals daunting prospects for the future.
The near future will play heavily on supply-side fundamentals, as ships continue to hit the water at a very fast pace. Given the colossal delivery schedule and slippage from previous years, deliveries in 2012 are forecast to increase further to 97.6 million dwt. The largest increase in deliveries is foreseen in the VLOC segment, where a total of 16.5 million dwt of tonnage will hit the water compared with only 8.9 million dwt in 2011. In light of China’s recent ban on such vessels, this could mean further headaches for owners.
Demolition in this over-supplied market totalled 19.1 mdwt in 2011, nearly quadruple that of the preceding year, as the ailing hire market forced owners to retire older ships. 2012 levels are forecast to reach almost the same as 2011 due to the declining average demolition age of vessels. However the Capesize segment is set to see a decline in demolition levels as most of the obsolete vessels were already demolished in 2011. In the longer forecast period all demolitions are expected to decline, to total 10.6 mdwt in 2016.
Shalini Shekhawat, a dry bulk analyst at Drewry stated, “It’s not all bad news for the sector as Drewry forecasts a 4% growth in trade for 2012, increasing yearly to a rate of 5.8% come 2016, which considering growth stood at less than 1% in 2011 is a boost for the market . Coupled with an orderbook that has been shrinking since February 2009, when it sat at 295 million dwt, there are glimmers of hope that the serious issue of over supply can start to be addressed.”
Source: Drewry
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 01 June 12
COKAL ACCEPTED ON THE CLEAN AND CLEAR LIST FOR ITS BORNEO BARA PRIMA AND BUMI BARITO MINERAL PROJECTS
- Borneo Bara Prima (BBP) Project confirmed on the Clean and Clear List 9th May 2012
- Bumi Barito Mineral (BBM) Project confirmed on the Clean and ...
Friday, 01 June 12
ADARO BUYS MAJORITY STAKE IN AFFILIATED BHAKTI ENERGI - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk entered into an option to provide a convertible loan of up to US$500 million for a period of 3 ye ...
Thursday, 31 May 12
DRY BULK MARKET UNABLE TO FIND NEW SUPPORT TO REACH HIGHER LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been unable to find new support and recover to higher levels during these past few days. As a result, the Baltic Dry Index ( ...
Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS
• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas
• Funds ...
Wednesday, 30 May 12
ARPENI SECURES TRANSSHIPMENT CONTRACT FROM BARUNA DIRGA
Insider Stories reported that, shipping operator PT Arpeni Pratama Ocean Line Tbk (APOL) has secured a 1-year coal transhipment contract of 4 millio ...
|
|
|
Showing 4711 to 4715 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- MS Steel International - UAE
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
|
| |
| |
|
