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, 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.

Recent News

Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at Eur ...


Thursday, 01 March 12
INDO-INDIA, LARGE ECO SUPRA CAN FETCH CLOSE TO USD 9K DOP N.CHINA - FEARNLEYS AS
Handy The Atlantic Handysize market did not see any signs for recovery this week. It is still a major lack of spot cargoes and an oversupply of pro ...


Wednesday, 29 February 12
69 MINERS AGREE TO RENEGOTIATE CONTRACTS - THE JAKARTA POST
The Jakarta Post, one of the leading English news papaer in Indonesia reported that, as many as 60 coal contracts-of-work (PKP2B) and nine non-coal ...


Wednesday, 29 February 12
PUTTING COAL GASIFICATION TO WORK
Clifford Reese of the SSOE Group looks at practical solutions for district energy leaders who wish to implement clean coal technology. Coal fuels ...


Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining compani ...


   965 966 967 968 969   
Showing 4831 to 4835 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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