We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...
Monday, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...
Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...
Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index.
The BDI was up by 6.87 pct closing at 824 points ...
Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake.
The regulation known as ...
|
|
|
Showing 4811 to 4815 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- The University of Queensland
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- MS Steel International - UAE
- ASAPP Information Group - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
|
| |
| |
|
