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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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Tuesday, 18 June 19
TANKER SHIPPING: WHILE WE WAIT FOR 2020 TO KICK IN, IT'S ALL ABOUT POLITICS - BIMCO
Demand drivers and freight rates
Iran, Libya and Venezuela face export limitations because of sanctions and internal political troubles. At the s ...
Saturday, 15 June 19
SUPRAMAX: A 58,000-TONNER, OPEN QINGDAO, WAS BOOKED TO REDELIVER IN EAST COAST INDIA AT $6,500 - BALTIC BRIEFING
Capesize
The market closed on a quiet Friday last week after a few hectic days of mid-week trading. Trade routes from Brazil to the Far East we ...
Friday, 14 June 19
PANAMAX: OUTLOOK IS MIXED - FERNLEYS
Capesize
Sentiment changed to a more nervous tone as pacific cargo volumes failed to deliver as expected, however latest activity indicates res ...
Friday, 14 June 19
ELECTRONIC (PAPERLESS) TRADING - SKULD
KNOWLEDGE TO ELEVATE
Electronic Shipping Solutions: Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platfor ...
Wednesday, 12 June 19
KOSPO INVITES BIDS FOR 140,000 MT OF 4,600 NCV COAL FOR SEP. 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 140,000 MT of minimum 4,600 kcal/kg NCV coal ...
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- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
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