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Monday, 18 September 17
PROSPECTS ARE NOT SO CLEAR CUT FOR COAL - CLARKSONS
ClarksonsProspects are not so clear-cut for coal. According to Clarksons, coal has been a key energy source since the Industrial Revolution and in 2016, steam coal met 28% of global energy needs.

China and India’s fast-growing economies have been key drivers of steam coal demand and imports (e.g. from Indonesia) in the last few decades, but pressure from environmental policies are clearly building.

Still, seaborne trade represented 17% of global steam coal demand in 2016, compared to 9% in 1990.

The Clarksons further noted that, in the last three decades, global oil consumption increased by 40% to stand at 4.4bn tonnes in 2016 (equivalent to 33% of global energy demand). But seaborne trade in crude oil increased by over 70% to reach 1.9bn tonnes in 2016, representing 44% of world oil consumption, versus 36% in 1990.

In energy terms, global natural gas consumption was equivalent to 3.2bn tonnes of oil in 2016, accounting for 24% of global energy demand, up from 20% thirty years ago. The increasingly widespread adoption of LNG technology has seen the seaborne share of global gas consumption rise from 4% in 1990 to 10% in 2016.

As far as shipping is concerned, the continuing relevance of fossil fuels has been highly beneficial over the long run, with rising seaborne trade in coal, oil and gas supporting growth in the bulker, oil tanker and LNG fleets to a combined 22,000 vessels as of start September 2017.


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Thursday, 28 September 17
CHINESE GOVERNMENT TO CANCEL DOMESTIC IRON ORE MINING RIGHTS - JEFFREY LANDSBERG
It has been reported that China will cancel roughly one third of its iron ore mining licenses, says Commodore Research & Consultancy in its lat ...


Tuesday, 26 September 17
REDUCING THE RISK OF LIQUEFACTION - IUMI
KNOWLEDGE TO ELEVATE   Liquefaction is a phenomenon that can take place in granular materials, such as soil or fine ore, where the beh ...


Tuesday, 26 September 17
THE CURRENT HIGHS IN THE DRY BULK FREIGHT MARKET WILL SURELY BE SURPASSED AND BY A CONSIDERABLE MARGIN IN THE NEXT YEAR OR SO - GEORGE LAZARIDIS
The Dry Bulk market con!nues to show a strong face amidst the favorable tail winds being seen, which have helped the Bal!c Dry Index inch above the ...


Monday, 25 September 17
CHOICES FOR SHIPPING AS 2020 APPROACHES? - CLARKSONS
Historically, the fuel of choice for the vast majority of large cargo ships has been heavy fuel oil. But in 2020, sulphur oxide emissions will be c ...


Monday, 25 September 17
THE FREIGHT MARKET ROSE IN ALL SEGMENTS EXCEPT PANAMAX WEEK OVER WEEK
COALspot.com: The freight market rose in all segments except Panamax week over week. Mainly Cape has supported to boosted up BDI this past week, BD ...


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