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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
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Monday, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
COALspot.com: Indonesia, the world largest coal exporter, shipped 28.21* mln mt of coal in January 2012, slightly lower than its December 2011 ...
Monday, 27 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The pessimism in the dry market persists with the Baltic Dry Index still trying to find a steady pace of growth and average time charter earnings fo ...
Sunday, 26 February 12
THE FREIGHT RATES FOR INDONESIA TO INDIA IS LIKELY TO BE FIRM FOR NEXT 2/3 WEEKS - VISTAAR
COALspot.com – “There was not much change in the BDI and other indices this week except for the Panamax which was down by 11.91 pc ...
Friday, 24 February 12
DRY BULK MARKET POSTS FIRST REBOUND IN A WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was expected since mid-week, the dry bulk market's benchmark, the BDI (Baltic Dry Index) has managed to put a stop in a 6-day losing rally, endi ...
Thursday, 23 February 12
2.5 PANAMAX VESSELS PER AVAILABLE CARGO FOR MARCH DATES - FEARN BULK
Handy
Another depressing week for Supras in both basins. Lack of fresh business and over-supply of tonnage in the Atlantic pushed rates south. Cont ...
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Showing 4836 to 4840 news of total 6871 |
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- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- The University of Queensland
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- CNBM International Corporation - China
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