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Tuesday, 26 April 16
NEWBUILDING DEMAND DOWN EVERYWHERE? - CLARKSONS
 Newbuild activity provides one indication of an owner country’s likely future fleet growth, though secondhand sale and purchase and demolition activity will also influence the size of an owner country’s fleet, said Clarksons in its latest weekly report.
Over the last decade, ship-owners’ fleet expansion plans have generally been fairly positive, and an annual average of 91.8m GT was ordered between 2005 and 2014. However, contracting slowed in 2015 with 70.2m GT contracted and new-build demand has been extremely limited in 2016 so far with only 1.6m GT reported ordered. In numerical terms the decline has been even more stark, as interest in the larger ship types supported the tonnage ordering total last year.
European Ordering Down
According to the world’s leading provider of integrated shipping service provider Clarksons, Greek owners accounted for the largest volume of orders placed 2005-14 with an average 14.0m GT ordered. In 2015, Greek owners pulled back from the new-build market, and with limited bulker contracting, Greek order volumes fell to 7.8m GT, 44% below the historical average 2005-14. Meanwhile, German owners ordered 68% less tonnage in 2015, 2.4m GT, compared to an average of 7.6m GT p.a. 2005-14, reflecting the overall decline in German ordering since the collapse of the KG finance system. Norwegian and Italian owners also accounted for relatively fewer new-build orders in GT terms and in 2015 ordering levels fell 30% and 50% below their 2005-14 averages with 2.8m GT and 1.6m GT contracted respectively. Clarksons further noted that, a depressed offshore market reduced Norwegian new-building activity while Italian ordering fell from volumes seen in recent years.
Asian Demand Still Firm?
Commenting on Asian demand, the world’s leading provider of integrated shipping service provider Clarksons says, one major ship-owning country did see ordering volumes increase in 2015. Japanese owners signed a reported 14.1m GT of orders compared to an average 12.8m GT contracted p.a. between 2005 and 2014. The majority of this tonnage (85%) was reportedly contracted domestically. Furthermore, Chinese owners saw a relatively limited 11% decline in ordering last year compared to the 2005-14 average (12.3m GT) with 11.0m GT placed. Ordering was largely state-backed and 51% of orders in GT terms were placed at state building groups CSSC and CSIC last year. Elsewhere, the volume of contracts placed by South Korean and Singaporean owners declined by 30% and 45% respectively in 2015 compared to the average 3.3m GT and 1.7m GT contracted p.a. 2005-14.
Exceptions To The Rule
According to 164 years old U.K based shipping broker, Nonetheless, although Japanese owners were relatively active last year, owners from most other major countries still saw ordering volumes decline. With reported contracting levels so weak in 2016 so far, and activity expected to remain limited, shipbuilders will be crying out for investors from more than one country to prove exceptions to the rule this year.
Source: Clarksons
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Sunday, 09 February 20
SUPRAMAX: THE ASIAN ARENA STRUGGLED, A 50,000DWT SHIP FIXING A COAL RUN FROM EAST KALIMANTAN TO INDIA AT $2,000 - THE BALTIC BRIEFING
Capesize
The Capesize market endured another dreadful week of calamitous rate level falls, as the usual season low Q1 period combined with rece ...
Friday, 07 February 20
CIL LOOKING TO TAP NON-POWER SECTORS FOR INCREMENTAL COAL, PTI REPORTED
The miner is looking to ramp up production to meet its targets for the current fiscal at a time when the economic slowdown is impacting demand for ...
Friday, 07 February 20
VIRUS - HIT CHINA MAY NEED MORE IMPORTS OF COAL. NOW COMES THE TRICKY PART - SHIPPING IT THERE: REUTERS
China’s domestic coal mines are struggling to ramp up production in the face of the ongoing coronavirus epidemic. That’s a situation th ...
Friday, 07 February 20
CORONAVIRUS IMPACTING THE GLOBAL SHIPPING INDUSTRY - BIMCO
The outbreak of the novel Coronavirus has dented market sentiment and spooked markets around the globe. When China sneezes, we all catch the flu. T ...
Thursday, 06 February 20
CAPE: WEAK SUPPLY/DEMAND RATIO THE STREETS REMAIN BLOODY FOR THE BIG SHIPS - FEARNLEYS
Cape: With still a weak supply/demand ratio the streets remain bloody for the big ships, and actual spot earnings are close to zero on main short-h ...
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- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Planning Commission, India
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
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