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

Monday, 06 August 12
COAL EXPORTS COULD ADD $2B TO $6B ANNUALLY TO U.S. ECONOMY - HELLENIC SHIPPING
Business groups backing Pacific Northwest coal export proposals on Thursday lauded a new report that claims increased U.S. coal exports could bring ...


Sunday, 05 August 12
SUB-BIT INDONESIA COAL SWAPS ARE WAY UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for September 2012 delivery gain 1.36 percent on Friday (3 August 2012) closing W-o-W but gained& ...


Sunday, 05 August 12
INDONESIA'S ADARO TRIMS PRODUCTION FORECAST, CITES BAD ECONOMY - THE JAKARTA GLOBE
The Jakarta globe reported that, Adaro Energy, the country’s second-largest coal producer, has cut its annual production forecast to between ...


Sunday, 05 August 12
DRY BULK FREIGHT MARKET TO STAY WEAK NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com - The freight market continued to soften further in all segments. The BDI was down by 8.68 pct closing at 852 points. The cape index ...


Friday, 03 August 12
INDIA - LIGHTS OUT! - SALVA
The Indian power sector hit global headlines this week for all the wrong reasons. Firstly, on Monday, over 350 million people lost power across nort ...


   925 926 927 928 929   
Showing 4631 to 4635 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 ...

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