We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 01 June 16
ZERO SUPPLY TO FUEL GROWTH IN THE DRY BULK MARKET SAYS BIMCO PRESIDENT
 The dry bulk market could become profitable again in 2019 – but only if a series of extremely tough and sustained measures are taken by shipowners, year on year. This is the message from BIMCO President, Philippe Louis-Dreyfus, ahead of Posidonia 2016 as BIMCO releases new market analysis – “The Road to Recovery” – on what the dry bulk sector must do to return to profitability.
BIMCO has developed a new analysis model designed to highlight the actions needed for struggling shipping markets to recover – and to be able to track the progress of the recovery. Using this model, BIMCO has developed a “zero supply side growth” scenario for recovery of the dry bulk market. This scenario requires shipowners to neutralise the delivery of new ships every year by scrapping an equal amount of capacity from the existing fleet.
Commenting on the new analysis Mr Louis-Dreyfus described the dry bulk market as being in a “terrible” condition. He said:
“We cannot expect to be helped by growth in demand, the recovery of the market is wholly and exclusively in the hands of us, the shipowners.”
“The medicine is not going to be easy to take, zero supply growth has been achieved only three times in recent history, during the 1980s and 1990s. The task ahead of us is huge and must be sustained year after year.”
“We need to demolish an enormous number of ships and refrain from building new ships.”
BIMCO President Philippe Louis-Dreyfus also insists that scrapping older vessels is not only a good way forward to a better market, it is also an essential measure in favour of the environment and, last but not least, the safety of crews.
The first piece of analysis using this model focuses on the dry bulk sector, but BIMCO will later also use the model to analyse fundamental changes in other shipping markets.
Source: BIMCO | Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 23 March 16
THE PANAMA CANAL - WILL THE MELTING OF POLAR ICE CAPS CREATE RIVAL NAVIGATIONAL WATERWAYS THROUGH THE ARCTIC? - INTERMODAL
The Panama Canal, 102 years after its initial opening, is now about to have its expansion completed with a cost of USD5.25 Billion. It is a project ...
Tuesday, 22 March 16
FOUR NEW MARKET MEMBERS HAVE JOINED GLOBALCOAL
globalCOAL® announced yesterday that four new Market Members have joined its international trading community.
Ferrocadia DMCC is an intern ...
Monday, 21 March 16
INDONESIAN 4200 GAR COAL INDEX ROSE $0.12 OR, 0.44% WEEK OVER WEEK; INDEX CLOASED AT $27.19 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.21 percent week over week to averaging $38.90 per ton on this past Friday, ac ...
Monday, 21 March 16
THE BALTIC DRY INDEX ROSE SLIGHTLY WEEK OVER WEEK; BCI UP 11.93%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued rose this week helped by higher rates for Cape ...
Friday, 18 March 16
OUTLOOK ON GLOBAL SHIPPING SECTOR TURNS NEGATIVE AS SUPPLY-DEMAND GAP WIDENS AND EBITDA DECLINES - MOODY'S
Moody’s Investors Service (Moody’s) has changed its outlook on the global shipping sector to negative as it expects supply growth to ou ...
|
|
|
Showing 2511 to 2515 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Australian Coal Association
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
|
| |
| |
|
