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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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Monday, 08 April 19
CHEAP COAL SWELLS IN SOUTHEAST ASIA, FOILING GLOBAL GREEN PUSH - NIKKEI
Southeast Asian countries are turning to low-cost coal to satisfy their surging electricity demand as the West shies away from the fossil fuel unde ...
Monday, 08 April 19
SULPHUR 2020 - COUNTDOWN TO THE SWITCHOVER - LLOYD'S REGISTER
Sulphur 2020 (MARPOL Annex VI Reg. 14.1.3) is still dominating headlines and as we draw closer to the 1 January 2020 deadline it’s clear that ...
Monday, 08 April 19
INDONESIAN COAL PRICE REFERENCE PRICE PLUMMETS TO LOW NOT SEEN SINCE AUGUST 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Sunday, 07 April 19
SHIP PASSAGE PLANS - NO ROOM FOR ERROR! - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The English High Court’s judgment in Alize 1954 v Allianz Elementar Versicherungs AG (The CMA CGM Libra) is an impo ...
Sunday, 07 April 19
IMO 2020: READY OR NOT? - WOOD MACKENZIE
New Year’s Day 2020 is firmly marked in the calendar as the refining and shipping industries prepare for change.
The International Marit ...
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- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Planning Commission, India
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- White Energy Company Limited
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
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