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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
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Monday, 27 February 12
INDONESIAN COAL EXPORTS TO CHINA DROPS 39.76 PERCENT IN JANUARY 2012
COALspot.com: Indonesia, the world largest coal exporter, shipped 28.21* mln mt of coal in January 2012, slightly lower than its December 2011 ...
Monday, 27 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The pessimism in the dry market persists with the Baltic Dry Index still trying to find a steady pace of growth and average time charter earnings fo ...
Sunday, 26 February 12
THE FREIGHT RATES FOR INDONESIA TO INDIA IS LIKELY TO BE FIRM FOR NEXT 2/3 WEEKS - VISTAAR
COALspot.com – “There was not much change in the BDI and other indices this week except for the Panamax which was down by 11.91 pc ...
Friday, 24 February 12
DRY BULK MARKET POSTS FIRST REBOUND IN A WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was expected since mid-week, the dry bulk market's benchmark, the BDI (Baltic Dry Index) has managed to put a stop in a 6-day losing rally, endi ...
Thursday, 23 February 12
2.5 PANAMAX VESSELS PER AVAILABLE CARGO FOR MARCH DATES - FEARN BULK
Handy
Another depressing week for Supras in both basins. Lack of fresh business and over-supply of tonnage in the Atlantic pushed rates south. Cont ...
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Showing 4836 to 4840 news of total 6871 |
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- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- MS Steel International - UAE
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Economic Council, Georgia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Australian Coal Association
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- VISA Power Limited - India
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
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