We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
 International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborne trade at below 2007 levels. It had climbed to an all-time high in 2008.
The Review of Maritime Transport 2010 estimates total seaborne trade during 2009 at 7.84 billion tons. Although a global recovery is currently under way, it is uneven, slower than the recoveries that have followed previous recessions, and subject to numerous uncertainties and to the fragile global economic conditions, the study says. Signs show that the shipping industry and seaborne trade are recovering, but it will likely take some time for the industry to return to its 2009 levels.
Seaborne trade in dry bulk commodities – such as iron ore, grain, coal, bauxite/alumina and phosphate, which represent around one quarter of seaborne trade – actually grew by an estimated 1.4 per cent in 2009. However, this figure masks fluctuations by commodity type. Bauxite and alumina, which are key components in aluminium production and are used primarily in the transport and construction industries, suffered a 23.2 per cent decline. Phosphate rock, used as a fertilizer by the agriculture industry, suffered a 38.7 per cent decline. Iron ore shipments rose to an estimated 907 million tons in 2009 – an increase of 7.8 per cent over the previous year. China accounted for much of the increase in iron ore trade, with imports growing by 38.9 per cent, whereas Japan´s imports declined by 24.8 per cent and Western Europe´s imports declined by 38.2 per cent.
The supply of new vessels showed no signs of abating. At the beginning of 2010, the world merchant fleet reached 1,276 million deadweight tons (dwt) – an increase of 84 million dwt over 2009. This growth resulted from record new deliveries of 117 million dwt, compared to demolitions and other withdrawals from the market totalling about 33 million dwt. New deliveries in 2009 were 42 per cent higher than in 2008 because of the orders that had been placed prior to the downturn in global demand. The resulting oversupply of tonnage then led to an over 300 per cent surge in demolitions of older tonnage. However, despite this increase, the combined effect of a downturn in demand and an oversupply of vessels meant that freight rates for many vessel types remained depressed.
World container port throughput declined by an estimated 9.7 per cent to 465.7 million twenty-foot equivalent units (TEUs) in 2009, the report says. UNCTAD´s Liner Shipping Connectivity Index revealed that the average ranking of the least developed countries (LDCs) in 2010 was 111, compared to an average ranking of 78 for other developing countries and 64 for developed countries. The rating indicates that LDCs remain isolated from major or frequently serviced shipping routes. Between 2004 and 2010, the connectivity ranking of LDCs improved by just 1 point.
The Review of Maritime Transport 2010 also details recent developments in maritime legislation, such as steps by the International Maritime Organization regarding the scope and content of an international regime to control emissions of greenhouse gases from international shipping. In April 2010, a Protocol on the 1996 Hazardous and Noxious Substances Convention was adopted which aims to bring about wider adoption of the Convention.
Every year, the Review of Maritime Transport looks at transport developments in a particular region. The focus in the 2010 edition is on developments in Asia since 2007, when UNCTAD last reported on the region. GDP growth in the Asia-Pacific region decelerated to 4 per cent in 2009 – its lowest level in eight years. In tandem with the economic situation, growth in international merchandise trade in the region decelerated in 2008 and contracted in 2009. By 2010, economic indicators were showing a recovery in the region´s economic growth and trade, with some economies already showing signs of a return to pre-crisis growth and export levels. However, the recovery remains fragile and is subject to downside risks.
Maritime transport is the single most important transport mode; it has around 80 per cent of the market share in the international movement of goods. However, in some developing countries this percentage is much higher, due to cumbersome cross-border procedures and an underdeveloped land transport infrastructure. The Review of Maritime Transport 2010 also covers developments from January 2009 to mid-2010 in other modes of transport, such as road, rail, and inland waterways.
Source: UNCTAD / Hellenic Shipping
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...
Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.
The USG remain ...
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...
|
|
|
Showing 5331 to 5335 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Australian Coal Association
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
|
| |
| |
|
