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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, 29 February 16
BALTIC INDEX INCHES UP THIS PAST WEEK AS SMALLER VESSELS LEND SUPPORT
COALspot.com: The freight markets rose slightly this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global ...
Monday, 29 February 16
LOSS OF EARNINGS IN THE WAKE OF A COLLISION - GARD
KNOWLEDGE TO ELEVATE
A shipowner’s loss of earnings can form a significant part of a collision claim. Awareness of the ways of calculati ...
Friday, 26 February 16
U.S WEEKLY COAL PRODUCTION UP SLIGHTLY
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 25 February 16
DRY BULKERS ARE SCRAPPED AT RECORD PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The newbuilding market is at a lull these days, as ship owners are focusing on two fronts, getting rid of excess dry bulk tonnage and snapping up b ...
Wednesday, 24 February 16
HOW IS THE FUEL MIX FOR U.S. ELECTRICITY GENERATION CHANGING? - EIA
In recent years, there have been changes in the mix of fuels used to generate electricity in the United States. Natural gas and renewable energy so ...
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- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- White Energy Company Limited
- The Treasury - Australian Government
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- McConnell Dowell - Australia
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