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Monday, 14 August 17
CENTURIES ON, AND DRY BULK STILL RULES THE WAVES... - SARAH HOLDEN | CLARKSONS
 By the late 1800s, the shipping industry had been transformed by the introduction of steam power and iron ships. Coal and grain were two of the most important cargoes, alongside timber, sugar, cotton and tea. While technology, the sheer scale of the business, and the global cargo mix, have of course all changed since then, dry bulk cargoes have retained a position at the heart of global seaborne trade.
An Ancient Title
In 2016, seaborne dry bulk trade totalled 4.9 billion tonnes. That’s equal to 44% of world seaborne trade, by far the highest proportion of any cargo group, followed by oil with a 27% share. From the early days of the industrial revolution, dry bulk goods fuelled the world’s industry, and they still do so today, although the drivers of expansion have shifted. Looking at the recent history, dry bulk trade has gone through a rather rocky patch, but some cargoes have still steamed ahead.
King Of The Cargoes
Today, seaborne trade in iron ore is the largest of any dry bulk cargo in terms of volumes, with 1.4 billion tonnes shipped in 2016, 13% of global seaborne trade. In the early 1980s, iron ore was the biggest individual dry bulk cargo, although lost the top spot to coal in the 1990s. However, the meteoric rise of China’s steel industry in the 2000s propelled trade in iron ore to new heights, with growth in Chinese imports accounting for 94% of expansion in global iron ore trade between 2000 and 2014. Whilst coal trade has taken a breather since then, iron ore has pushed on, supported by major mine expansions, despite concerns about the Chinese economy (particularly in 2015). While iron ore and coal trade were a similar size in 2013, by 2016, iron ore trade was 25% larger than coal trade.
Troubled Queen
In the late 19th century, it was coal that was the dominant cargo, with around 50mtpa shipped. Today, it is still the second largest dry bulk cargo at 1.1 billion tonnes in 2016, but it has had a bumpy ride of late. Having grown fairly steadily between 1980 and 2008, coal trade was significantly boosted in 2009-13 by China raising imports to supplement vast domestic output. By 2012, China was the largest coal importer globally, but a 31% drop in imports in 2015 led to a 6% decline in global seaborne coal trade that year. While coal trade has now returned to growth, rising environmental concerns in many countries could limit expansion.
Goods Of The Realm
Outside of the two largest cargoes, grain trade, which in the early 1980s was a similar size to coal trade, has expanded steadily, but not as dramatically as the more significant commodities, and totalled 481mt in 2016. Meanwhile, minor bulk trade, which was dented by the global economic downturn, has still risen considerably, but was hit again in 2014-16 by Indonesia’s raw mineral export ban.
Leading The Way
So, hundreds of years have passed, but dry bulk remains shipping’s largest cargo type. Some cargoes have fared better than others, but despite the challenges still present today, nothing yet looks like it will easily knock dry bulk off its top spot.
By Ms Sarah Holden
clarksons
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Monday, 21 August 17
INDIA'S COAL IMPORTS DECLINE TO 192 MT IN FY17 - PTI
Import of coal saw a decline of 6.37 per cent to 191.95 million tonnes (MT) in 2016-17 on higher production by CIL that saw the country move to a r ...
Monday, 21 August 17
FIRM DEMAND FOR CAPES CONTINUE TO SUPPORT DRY BULK SHIPPING
COALspot.com: The freight market was continued to rose this past week compared to the previous weeks, as BDI, Cape and Panamax indexes show a posit ...
Friday, 18 August 17
U.S. WEEKLY COAL OUTPUT UP 2.1% WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million short ton ...
Thursday, 17 August 17
DESPITE A HOLIDAY-DISRUPTED WEEK IT HAS BEEN A NEW ACTIVE WEEK FOR THE PANAMAXES - FEARNLEYS
Supramax
A very quiet start to the week with holidays in several countries. USG still bringing good results supported by a tight tonnage availabl ...
Monday, 14 August 17
THE FREIGHT MARKET CONTINUES ON AN UPWARD PATH
COALspot.com: The freight market was continued to rose this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positi ...
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Showing 1966 to 1970 news of total 6871 |
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- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- GMR Energy Limited - India
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
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