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, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...


Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...


Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...


Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...


Tuesday, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...


   937 938 939 940 941   
Showing 4691 to 4695 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 ...

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