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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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Wednesday, 13 November 19
INDONESIAN NOVEMBER COAL PRICE REFERENCE LOGS FIRST GAIN SINCE AUGUST
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, 13 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
The improvements seen in the dry bulk market during the unexpectedly strong Q3 brought enthusiasm and optimism for a last quarter rally. Indeed as ...
Tuesday, 12 November 19
COAL IMPORTS AT MAJOR PORTS SLIP 18 PC TO 51 MT IN APRIL-OCTOBER - ECONOMIC TIMES
The Indian Ports Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report, said "percentage variation fro ...
Monday, 11 November 19
EMINENT MARITIME ORGANIZATIONS AND INDIVIDUALS WERE HONORED
SHIPTEK 2019 Anchors in Greece for its 12th edition.
Eminent Maritime Organizations and Individuals were honored
Greec ...
Wednesday, 06 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
With less than two months before the end of the year, the shipping and refining industries have already taken measures and invested to accommodate ...
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- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Australian Coal Association
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- White Energy Company Limited
- The University of Queensland
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
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