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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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Thursday, 06 February 20
CHINESE DEMAND KEY UNCERTAINTY FOR SEABORNE COAL MARKET IN 2020 - THE BRICS POST
Coal trader Noble Resources head of research Rodrigo Echeverri Cardozo had penciled in a 3 Mt drop in Chinese import demand for 2020, but it could ...
Wednesday, 05 February 20
CORONAVIRUS AND THE SHIPPING INDUSTRY - WATSON, FARLEY & WILLIAMS
The continued spread of Coronavirus and governmental measures to minimise the impact is likely to affect the shipping industry and supply chain.
...
Wednesday, 05 February 20
INDONESIA'S COAL PRICE REFERENCE UP 1.46% IN FEBRUARY
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...
Wednesday, 05 February 20
MARKET INSIGHT - INTERMODAL
The oil and gas industry benefitted from a strong and solid ground in the previous year. We witnessed a slow but steady increase in bunker’s ...
Wednesday, 05 February 20
RUSSIA EXPORTED 28.6 MLN TONNES OF LNG IN 2019 - REFINITIV
A lot of attention has been paid recently on the surge in LNG exports from the United States. However, another country which is seeing truly expone ...
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- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Planning Commission, India
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
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