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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, 17 February 16
THE OWNERS FACING HISTORICAL LOW DRY BULK RATES; COAL IMPORTS TO CHINA IS STILL POINTING TO A STRONG TREND OF DECLINING CONSUMPTION
The sharp fall in dry bulk rates that has been taking place since the end of last year and has left owners facing historical low rates for a substa ...
Monday, 15 February 16
CALL THE DOCTOR! SHIPPING'S MEDICAL DRAMA UNFOLDS......- CLARKSONS
The recycling market has started 2016 with a bang, with a huge volume of tonnage heading to demolition facilities. Many of the key shipping markets ...
Monday, 15 February 16
CS 42 COAL INDEX ROSE 0.07% WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.15 percent week over week to averaging $38.96 per ton on this past Friday, ...
Monday, 15 February 16
BALTIC INDEX MARGINALLY ROSE BY A POINT D-D; CAPESIZE INDEX DOWN 13 POINTS W-W; PANAMAX INDEX UP 29 POINTS W-W
COALspot.com: The freight markets continued to fall this past week.
The BDI, The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measu ...
Friday, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...
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- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Minerals Council of Australia
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
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