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, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...
Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...
Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy
Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced. Owners are asking in excess of USD ...
Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...
Tuesday, 22 November 11
NTPC TO BUY 2 MMT OF IMPORTED COAL FOR ITS FOUR PLANTS
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, the largest thermal power generati ...
|
|
|
Showing 4961 to 4965 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Parliament of New Zealand
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Grasim Industreis Ltd - India
|
| |
| |
|
