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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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Thursday, 19 March 15
INDONESIAN COAL BENCHMARK SOAR 7.69% IN MARCH....!!!
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised up Indonesian coal benchmark prices to US$ 67.76 per MT in March ...
Wednesday, 18 March 15
AVERAGE RATE FOR CAPES MOVED TO BELOW $ 4K/DAY LAST WEEK - INTERMODAL
COALspot.com: The even heavier losses noted in the Capesize segment last week, denied the Dry Bulk market a third weekly positive, while the smalle ...
Wednesday, 18 March 15
PARKING THE CAPES - LINOS KOGEVINAS
It is no secret that recent times have been anything but kind towards shipping, and no sector has suffered more lately than the dry bulk one. While ...
Wednesday, 18 March 15
CHINA-OWNED SHIPS: A RAPID RISE TO BECOME ONE OF THE WORLD'S LARGEST FLEETS - RICHARD SCOTT
Ships operated by owners based in China have become increasingly prominent on the world’s sea routes. China-owned container ships, bulk carri ...
Wednesday, 18 March 15
Q2 INDONESIAN COAL SWAP DROP 1.45% M-O-M; GAIN 0.63% W-O-W
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 drop month on month and gained week over week.
The Q2 swap fell US$ 0.70 (1.45%) ...
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- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- GMR Energy Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
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