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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
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Tuesday, 14 August 12
SAKARI SIGNS HEADS OF AGREEMENT TO ACQUIRE SIX COAL CONCESSIONS IN INDONESIA
COALspot.com - Sakari has signed a Heads of Agreement (HOA) to acquire a 100% interest in up to six IUPs, covering an area of over 29,000 hectares, ...
Monday, 13 August 12
5TH VIETNAM PORTS AND LOGISTICS 2012
Press Release - Co-hosted by VINAMARINE, the 5th Vietnam Ports and Logistics2012 will feature dedicated sessions on port and transport infrastructur ...
Monday, 13 August 12
ACTIVE DRY BULK FLEET INCREASES BY 8% SO FAR IN 2012 IN TERMS OF TONNAGE CAPACITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s no wonder that the dry bulk market has been tethering since the start of the year. the overflow of tonnage has been so enormous, that eve ...
Sunday, 12 August 12
COAL FREIGHT RATES FALL FLAT TO SOFT ON OVERSUPPLY, WEAK DEMAND - VISTAAR SINGAPROE
COALspot.com - The BDI continued its fall 10th August.
This week all segments were down including BDI down by 9.15 pct closing at 774 points .The ...
Saturday, 11 August 12
INDONESIAN COAL REFERENCE PRICE HAS LOST 27.78 PERCENT YOY
COALspot.com - Indonesian HBA fell again in August.
The monthly coal reference price for coal sales this month fell 3.32 percent. HBA fell ...
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Showing 4616 to 4620 news of total 6871 |
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- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Parliament of New Zealand
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
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