We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 13 July 16
2015 VS. 2016; THE DRY BULK DEMOLITION DERBY - JOHN N. COTZIAS
 In the first half of the year 373 Bulkers and General Cargo ships were scrapped representing 23.8mil tons of dwt carrying capacity.
Comparing the first half of the year with the same period in 2015, we observe that there is an increase overall in terms of dwt and a small decrease in terms of vessels, indicating that bigger dwt vessels have been scrapped so far this year. In terms of dwt, the Capesize figure is up by 3%, the Panamax figure is up by an impressive 40% and the Handymax/Supramax and Handysize figures are up by 33% and down by 31% respectively.
The higher volume of demolition activity this year has pushed down by 3 years the average demolition age of dry bulk vessels compared to that in 2015. In 2016 so far the average age is 23.5 years, compared to 2015’s 26.5 years, and 29 years witnessed back in 2014. The average demolition age for Capes is now less than 21 years and in just two years this figure has been reduced by more than 5 years for all bulker sizes.
It is also worth noting that demolition activity in Container vessels has also firmed during this year. In the first half of 2016 the scrapping of Container Ships is up by 3 times compared to H1 2015. 79 Container vessels of 265k TEU capacity were scrapped during the first six months of the year, an overwhelming figure when compared to the 61 vessels of 136k TEU scrapped during the entire 2015.
In 2016 so far 585 vessels of all types have left the active fleet, representing 29.8mil tones effectively being removed from the "chase" of cargoes. 80% of all dwt scrapped comes from Bulkers and General Cargo ships, 13% from Containers and only 4% comes from Tankers.
In H1 2015 we had 636 ships of 27.9mil dwt across all sectors scrapped. 2015 ended with 988 ships of 40.5mil dwt removed. If the same pace continues and we follow a similar 2nd half trend as that of 2015, we estimate that with all other things being equal, i.e. freight rates remaining stable across all sectors and that during H2 scrapping activity usually slows down, we could well see 2016 ending with 850-900 vessels and 42-47mil tons being scrapped.
Given that global demand growth appears to be static, the only way to bridge the gap between supply and demand in both the Dry bulk and the Container sectors is with increased scrapping. Let’s hope that for the sake of an improved fleet balance, scrapping activity will continue at a healthy pace during the remainder of the year.
By John N. Cotzias
SnP Broker
Compiled by:
Intermodal Research & Valuations
Analysts:
Ms. Eva Tzima
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 18 October 16
COAL PRICES KEPT CLIMBING
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Tuesday, 18 October 16
PANAMAX: A FAIRLY POSITIVE END TO THE WEEK - ALLIED
Capesize
Things seemed to be moving sideways during the first half of the week, with resistance being felt as owners tried to resist any further ...
Monday, 17 October 16
THE FREIGHT MARKET WAS SOFTENED IN ALL SEGMENTS THIS PAST WEEK - VISTAAR
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 14 October 16
SUPRAMAXES: DELIVERY SINGAPORE ARE SETTLING AROUND HIGH 6K'S FOR COAL TRIPS TO CHINA VIA INDO - FEARNLEY
Supramax
Wait and see attitude prevailing all over the market.
There have been several fresh cargoes, which have been efficiently covered by ...
Friday, 14 October 16
U.S. SHIPPED 3.3 MMST COAL IN JULY 2016; DECLINE 40% M/M
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.6 million short ton ...
|
|
|
Showing 2251 to 2255 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- PTC India Limited - India
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
|
| |
| |
|
