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, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...


Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...


Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...


Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...


Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...


   930 931 932 933 934   
Showing 4656 to 4660 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 ...

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