COALspot.com keeps you connected across the coal world

Submit Your Articles
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

Wednesday, 15 February 12
HBA FOR FEB 2012, CLIMBS 2.09 PERCENT AND REACHED US$ 111.58 PER TON
COALspot.com - The Indonesian coal reference price for February climbs 2.09 percent to US$111.58 per ton after losing past three months.   ...


Monday, 13 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The current sentiment in the dry market resembles memories from the end of 2008, when the Baltic Dry Index closed at the level of 663 points on Dece ...


Sunday, 12 February 12
INDONESIA HAS ISSUED A REGULATION TO BAN THE EXPORT OF UNPROCESSED MINERALS AND METALS BY 2014
COALspot.com - The Indonesian government has finally issued a ministerial decree (7 Year 2012 dated 6 February 2012) to ban the export of unpro ...


Sunday, 12 February 12
THE BALTIC DRY INDEX CLIMBS 10.51%
COALspot.com - "The markets touched record lows not seen since mid 80’s. However there was some good news with signs of market recovery a ...


Saturday, 11 February 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY
    The week was highlighted with intense worries in the eurozone for Greece to secure its second bailout of $130billion by applying a ...


   969 970 971 972 973   
Showing 4851 to 4855 news of total 6871
News by Category
Popular News
 
Total Members : 28,695
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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