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

Saturday, 11 August 12
SUB-BIT INDONESIA COAL SWAPS SEEN MOVING IN THE RIGHT DIRECTION
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.29 percent W-o-W on Friday (10 August 2012) closing but lost 1 ...


Friday, 10 August 12
DRY BULK MARKET DROWNING FROM TONNAGE OVERSUPPLY - HELLENIC SHIPPING
The dry bulk market has been overflowing with new building vessels, despite the fact that demand is more or less (and minus the seasonal factors) ri ...


Thursday, 09 August 12
3RD ANNUAL SHALE GAS
Press Release - With the North American shale gas boom, IBC’s 3rd Annual Shale Gas explores optimal strategies to monetize Asia’s domest ...


Wednesday, 08 August 12
EXPLOITASI AIMS TO RAISE RP 2.7T FOR ACQUISITION - THE JAKARTA POST
The Jakarta Post reported that, publicly listed coal miner PT Exploitasi Energi Indonesia (CNKO) is seeking to raise Rp 2.7 trillion (US$286.2 milli ...


Tuesday, 07 August 12
2ND ANNUAL FLOATING TERMINALS
Press Release - After a ground breaking and successful launch in 2011, the 2nd Annual Floating Terminals conferenceis back to address innovation, co ...


   923 924 925 926 927   
Showing 4621 to 4625 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 ...

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