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
Tuesday, 14 August 12
UNCERTAIN FUTURE FOR DRY BULK PANAMAX SHIPS - DREWRY / HELLENIC SHIPPING


The dry bulk shipping market is in a poor state, with the Capesize segment the worst of all. Unfortunately, the latest analysis from Drewry Maritime Research’s Dry Bulk Forecaster indicates that sub Capesize sectors which have hitherto performed better than Capes are now facing an equally uncertain future.Demand for Panamax ships improved over the 2nd quarter 2012, primarily due to an increase in grain volumes and Asian coal imports. Significant increases in vessel demand on the transatlantic grain route employed a sizeable fleet of Panamax vessels, leading to an improvement in earnings. Coal demand was also buoyed by fears that Indonesia will introduce a coal export tax, prompting China to increase imports and stock pile huge volumes of Indonesian coal.

While coal export restrictions from Indonesia will be negative for the dry bulk market, as well the decrease in demand from China due to its huge reserves, the US is emerging as a major coal exporter as it starts to utilise cheaper gas supplies spurred on by shale gas development. It is now in a position to export its thermal coal that will supplement tonne-mile demand for Panamax ships.

Given the changes in trade the Dry Bulk Forecaster expects Panamax demand to edge up by about 5% in 2012, with annual increases of close to 6% thereafter until 2017. Under this scenario demand is unlikely to be problem.

But the same cannot be said about Panamax supply. Rahul Sharan senior dry analyst at Drewry Maritime Research is of the opinion that “The Panamax segment is likely to witness oversupply comparable to that of the Capesize sector in the current market”.

In this respect Panamax supply continued to expand in the second quarter of 2012, especially in the modern post-Panamax segment (80-110,000 dwt). The fleet grew from 161.7 to 167.5 million dwt, an increase of 3.6% but post-Panamax registered a 9.1% growth due to the large orderbook. Drewry expects as much as 36 million dwt of new Panamax tonnage to hit the water in 2012, 50% more than in 2011, leaving it potentially as one of the most over-supplied ship sectors of the dry bulk market in 2013.
Source: Drewry / Hellenic Shipping



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 04 September 12
SHIP OWNERS' COMPETITION LEADS TO TANKER FIXTURES BELOW OPERATING COSTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners operating in the VLCC tanker markets are increasingly finding it difficult to obtain even breakeven rates for their vessels, as competit ...


Tuesday, 04 September 12
ORPHEUS SECURES ADDITIONAL SIGNIFICANT KINTAP COAL PROJECT IN SOUTH KALIMANTAN
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced that it has secured a 50% equity ownership in an additional tenement ...


Monday, 03 September 12
SHIPOWNERS TO WAIT FOR FURTHER PRICE REDUCTIONS IN THE SECOND HAND VESSEL MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With September now upon us, shipbrokers are looking towards an interesting winter season, as ship owners are looking to capitalize on more second ha ...


Sunday, 02 September 12
ADAROS COAL ROYALTIES TO THE GOVERNMENT INCREASED BY 10.5 PERCENT Y-O-Y TO US$196.8 MILLION
COALspot.com - PT Adaro Energy Tbk (IDX: ADRO), the second largest power plant coal producer in Indonesia, announced its consolidated auditor-review ...


Saturday, 01 September 12
FALLING PRICES; BLEEDING MINERS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 4.070  percent and 0.422 percent respectively on W-o-W and D- ...


   917 918 919 920 921   
Showing 4591 to 4595 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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