COALspot.com The Ultimate coal portal
 Register Now
  • SHARE YOUR COAL NEWS WITH COALspot.com - news@coalspot.com
  • Indonesian 5800 GAR coal (Physical) market direction: SOFT - COALspot.com's self assessment (updated on 10 MAY 2012)
  • Indonesia has shipped 30.64 Mmt of coal in March 2012 - Source
  • Indonesia has set the MAY 2012 Coal Reference Price at US$ 102.12 per ton
  • SGX AsiaClear OTC CFR South China Coal Swap for JUNE 2012 Contract has closed at US$ 95.10(-) on 17/5/12 18:00 UTC - SGX
  • SGX AsiaClear OTC FOB Sub-Bit Indonesia Coal Swap for JUNE 2012 Contract has closed at US$ 72.65(+) on 17/5/12 18:00 UTC - SGX

We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events
Search News
Latest CoalNews Headlines

Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY


Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to continue hitting dry bulk shipowners hard.

Tonnage supply hit a massive 605 million dwt at the end of 2011, an increase of 15.2%, which is even more impressive considering 19 million dwt was removed in the same period.  With rates suffering under current market conditions Drewry’s forecast for the fleet hitting 684 million dwt by the end of 2012 and 765 million dwt by the end of 2016 signals daunting prospects for the future.

The near future will play heavily on supply-side fundamentals, as ships continue to hit the water at a very fast pace. Given the colossal delivery schedule and slippage from previous years, deliveries in 2012 are forecast to increase further to 97.6 million dwt. The largest increase in deliveries is foreseen in the VLOC segment, where a total of 16.5 million dwt of tonnage will hit the water compared with only 8.9 million dwt in 2011. In light of China’s recent ban on such vessels, this could mean further headaches for owners. 

Demolition in this over-supplied market totalled 19.1 mdwt in 2011, nearly quadruple that of the preceding year, as the ailing hire market forced owners to retire older ships. 2012 levels are forecast to reach almost the same as 2011 due to the declining average demolition age of vessels. However the Capesize segment is set to see a decline in demolition levels as most of the obsolete vessels were already demolished in 2011. In the longer forecast period all demolitions are expected to decline, to total 10.6 mdwt in 2016.

Shalini Shekhawat, a dry bulk analyst at Drewry stated, “It’s not all bad news for the sector as Drewry forecasts a 4% growth in trade for 2012, increasing yearly to a rate of 5.8% come 2016, which considering growth stood at less than 1% in 2011 is a boost for the market . Coupled with an orderbook that has been shrinking since February 2009, when it sat at 295 million dwt, there are glimmers of hope that the serious issue of over supply can start to be addressed.”
Source: Drewry


If you believe an article violates your rights or the rights of others, please contact us.
Recent News

Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy The market remained variable. Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...


Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...


Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...


Tuesday, 15 May 12
POTENTIAL BOOM OF CHINA’S COAL IMPORTS COULD PROVIDE FURTHER SUPPORT TO DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been moving sideways during the past week with the industry’s benchmark, the Baltic Dry Index (BDI) losing 0.53% on th ...


Saturday, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points. The cape index was up by 2.41 pct closing at 1,61 ...


   1 2 3 4 5   
Showing 1 to 5 news of total 2142
News by Category

Popular News

 
Registered Members : 10,479
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register 		Forgot Password
 
Our Members Are From ...

  • Thermax Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • The State Trading Corporation of India Ltd
  • Bulk Trading Sa - Switzerland
  • Krishnapatnam Port Company Ltd. - India
  • Platts
  • World Coal - UK
  • Maheswari Brothers Coal Limited - India
  • Indonesia Power. PT
  • Coalindo Energy - Indonesia
  • globalCOAL - UK
  • Clarksons - UK
  • Argus Media - Singapore
  • Central Java Power - Indonesia
  • BNP Paribas - Singapore
  • PTC India Limited - India
  • India Bulls Power Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Xindia Steels Limited - India
  • Vale Mozambique
  • MS Steel International - UAE
  • Freeport Indonesia
  • Inco-Indonesia
  • Mjunction Services Limited - India
  • Ministry of Finance - Indonesia
  • Africa Commodities Group - South Africa
  • Bukit Makmur.PT - Indonesia
  • Cemex - Philippines
  • OPG Power Generation Pvt Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Independent Power Producers Association of India
  • Chamber of Mines of South Africa
  • New Zealand Coal & Carbon
  • Bharathi Cement Corporation - India
  • Barasentosa Lestari - Indonesia
  • Maersk Broker
  • Mercuria Energy - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Cargill India Pvt Ltd
  • Aboitiz Power Corporation - Philippines
  • Surastha Cement
  • Orica Mining Services - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Sojitz Corporation - Japan
  • Thriveni
  • Kideco Jaya Agung - Indonesia
  • Intertek Mineral Services - Indonesia
  • Arch Coal - USA
  • Tanito Harum - Indonesia
  • MEC Coal - Indonesia
  • Bhoruka Overseas - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • ACC Limited - India
  • Sucofindo - Indonesia
  • Price Waterhouse Coopers - Russia
  • Singapore Mercantile Exchange
  • Larsen & Toubro Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Samtan Co., Ltd - South Korea
  • Binh Thuan Hamico - Vietnam
  • Kaltim Prima Coal - Indonesia
  • BRS Brokers - Singapore
  • Aditya Birla Group - India
  • CIMB Investment Bank - Malaysia
  • Kobexindo Tractors - Indoneisa
  • Idemitsu - Japan
  • CoalTek, United States
  • Lafarge - France
  • bp singapore
  • Coastal Gujarat Power Limited - India
  • SGS (Thailand) Limited
  • Salva Resources Pvt Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • Riau Bara Harum - Indonesia
  • DBS Bank - Singapor
  • GVK Power & Infra Limited - India
  • TeaM Sual Corporation - Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Renaissance Capital - South Africa
  • IBC Asia (S) Pte Ltd
  • Russian Coal LLC
  • Malco - India
  • Borneo Indobara - Indonesia
  • Anglo American - United Kingdom
  • KOWEPO - South Korea
  • Enel Italy
  • Vitol - Bahrain
  • Cardiff University - UK
  • Adaro Indonesia
  • Deloitte Consulting - India
  • Coeclerici Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Permata Bank - Indonesia
  • Humpuss - Indonesia
  • Global Coal Blending Company Limited - Australia
  • ING Bank NV - Singapore
  • Coal India Limited
  • Feedback Ventures - India
  • Thiess Contractors Indonesia
  • KPMG - USA
  • Bhushan Steel Limited - India
  • Japan Coal Energy Center
  • Antam Resourcindo - Indonesia
  • Jindal Steel & Power Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • Vedanta Resources Plc - India
  • GMR Energy Limited - India
  • Madhucon Powers Ltd - India
  • SUEK AG - Indonesia
  • Merrill Lynch Commodities Europe
  • Rudhra Energy - India
  • Attock Cement Pakistan Limited
  • Berau Coal - Indonesia
  • Noble Europe Ltd - UK
  • White Energy Company Limited
  • GAC Shipping (India) Pvt Ltd
  • Leighton Contractors Pty Ltd - Australia
  • Bangladesh Power Developement Board
  • Asmin Koalindo Tuhup - Indonesia
  • ASAPP Information Group - India
  • Thomson Reuters GRC
  • International Coal Ventures Pvt Ltd - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kon
  • ICICI Bank Limited - India
  • HSBC - Hong Kong
  • Posco Energy - South Korea
  • NTPC Limited - India
  • J M Baxi & Co - India
  • Adani Power Ltd - India
  • IMC Shipping - Singapore
  • Mercator Lines Limited - India
  • Rio Tinto Coal - Australia
  • Indogreen Group - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Latin American Coal - Colombia
  • Jorong Barutama Greston.PT - Indonesia
  • Ernst & Young Pvt. Ltd.
  • UOB Asia (HK) Ltd
  • Inspectorate - India
  • Star Paper Mills Limited - India
  • Runge Indonesia
  • Edison Trading Spa - Italy
  • Jaiprakash power ventures ltd
  • Timah Investasi Mineral - Indoneisa
  • Jatenergy - Australia
  • Shree Cement - India
  • The Treasury - Australian Government
  • Barclays Capital - USA
  • ETA - Dubai
  • Manunggal Multi Energi - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Sindya Power Generating Company Private Ltd
  • PNOC Exploration Corporation - Philippines
  • Bhatia International Limited - India
  • Arutmin Indonesia
  • Straits Asia Resources Limited - Singapore
  • Karaikal Port Pvt Ltd - India
  • Ind-Barath Power Infra Limited - India
  • Indonesian coal mining Association
  • Marubeni Corporation - India
  • PLN - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • East Coast Energy Private Limited
  • Coal Orbis AG
  • RBS Sempra - UK
  • Eastern Coal Council - USA
  • Pinang Coal Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Fearnleys - India
  • Toyota Tsusho Corporation, Japan
  • SASOL - South Africa
  • Geoservices-GeoAssay Lab
  • Chettinad Cement Corporation Ltd - India
  • Metalloyd Limited - United Kingdom
  • Grasim Industreis Ltd - India
  • POSCO Terminal, South Korea
  • Mila Trading, GmbH - Germany
  • Standard Chartered Bank - UAE
  • IOL Indonesia
  • GB Group - China
  • VISA Power Limited - India
  • Georgia Ports Authority, United States
  • TNPL - India
  • Bank of America
  • CNBM International Corporation - China
  • Vijayanagar Sugar Pvt Ltd - India
  • Oldendorff Carriers - Singapore
  • McConnell Dowell - Australia
  • Sree Jayajothi Cements Limited - India
  • Australian Commodity Traders Exchange
  • Maruti Cements - India
  • APGENCO India
  • Eastern Energy - Thailand
  • Kobe Steel Ltd - Japan
  • Orica Australia Pty. Ltd.
  • Sakthi Sugars Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • TANGEDCO India
  • Siam City Cement - Thailand
  • Gresik Semen - Indonesia
  • The India Cements Ltd
  • Australian Coal Association
  • Savvy Resources Ltd - HongKong
  • Mitra SK Pvt Ltd - India
  • Dalmia Cement Bharat India
  • Formosa Plastics Group - Taiwan
  • Trasteel International SA, Italy
  • Reliance Power - India
  • Deutsche Bank - India
  • SMG Consultants - Indonesia
  • Videocon Industries ltd - India
  • Electricity Generating Authority of Thailand
  • Billiton Holdings Pty Ltd - Australia
  • Indian School of Mines
  • Interocean Group of Companies - India
  • Total Coal South Africa
  • Altura Mining Limited, Indonesia
  • Infraline Energy - India
  • Wood Mackenzie - Singapore
  • Sical Logistics Limited - India
  • Tata Power - India
  • GNFC Limited - India
  • Mitsui - Indonesia
  • Vizag Seaport Private Limited - India
  • Siam city cement PLC, Thailand
  • Goldman Sachs - Singapore
  • Merrill Lynch Bank
  • Samsung - South Korea
  • Commonwealth Bank - Australia
  • European Bulk Services B.V. - Netherlands
  • Simpson Spence & Young - Indonesia
  • ANZ Bank - Australia
  • Britmindo - Indonesia
  • Credit Suisse - India
  • Tata Chemicals Ltd - India
  • Glencore India Pvt. Ltd
  • Makarim & Taira - Indonesia
  • Coal and Oil Company - UAE
  • Agrawal Coal Company - India
  • Essar Steel Hazira Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • KPCL - India
  • U S Energy Resources
  • IHS Mccloskey Coal Group - USA
  • Peabody Energy - USA
  • Indika Energy - Indonesia
  • CCIC - Indonesia
  • London Commodity Brokers - England
  • Carbofer General Trading SA - India
  • CEB - Sri Lanka
  • Ambuja Cements Ltd - India
  • Mitsubishi Corporation
  • Rashtriya Ispat Nigam Limited - India
  • Qatrana Cement - Jordan
  • UBS Singapore
  • Petrosea - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Mintek Dendrill Indonesia
  • KEPCO - South Korea
  • Gujarat Sidhee Cement - India
  • Indorama - Singapore
  • Port Waratah Coal Services - Australia
  • CESC Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Malabar Cements Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • GHCL Limited - India
  • SRK Consulting
  • Petrochimia International Co. Ltd.- Taiwan
  • Uttam Galva Steels Limited - India
  • Lanco Infratech Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • OCBC - Singapore
  • Xstrata Coal
  • Cigading International Bulk Terminal - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Medco Energi Mining Internasional
  • PLN Batubara - Indonesia
  • Core Mineral Indonesia
  • Banpu Public Company Limited - Thailand
  • Gupta Coal India Ltd

 
 
 

About | Terms of Use | Privacy Policy | Disclaimer | Contact Us
COALspot.com All Rights Reserved 2009 - 2012