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Tuesday, 26 April 16
NEWBUILDING DEMAND DOWN EVERYWHERE? - CLARKSONS
 Newbuild activity provides one indication of an owner country’s likely future fleet growth, though secondhand sale and purchase and demolition activity will also influence the size of an owner country’s fleet, said Clarksons in its latest weekly report.
Over the last decade, ship-owners’ fleet expansion plans have generally been fairly positive, and an annual average of 91.8m GT was ordered between 2005 and 2014. However, contracting slowed in 2015 with 70.2m GT contracted and new-build demand has been extremely limited in 2016 so far with only 1.6m GT reported ordered. In numerical terms the decline has been even more stark, as interest in the larger ship types supported the tonnage ordering total last year.
European Ordering Down
According to the world’s leading provider of integrated shipping service provider Clarksons, Greek owners accounted for the largest volume of orders placed 2005-14 with an average 14.0m GT ordered. In 2015, Greek owners pulled back from the new-build market, and with limited bulker contracting, Greek order volumes fell to 7.8m GT, 44% below the historical average 2005-14. Meanwhile, German owners ordered 68% less tonnage in 2015, 2.4m GT, compared to an average of 7.6m GT p.a. 2005-14, reflecting the overall decline in German ordering since the collapse of the KG finance system. Norwegian and Italian owners also accounted for relatively fewer new-build orders in GT terms and in 2015 ordering levels fell 30% and 50% below their 2005-14 averages with 2.8m GT and 1.6m GT contracted respectively. Clarksons further noted that, a depressed offshore market reduced Norwegian new-building activity while Italian ordering fell from volumes seen in recent years.
Asian Demand Still Firm?
Commenting on Asian demand, the world’s leading provider of integrated shipping service provider Clarksons says, one major ship-owning country did see ordering volumes increase in 2015. Japanese owners signed a reported 14.1m GT of orders compared to an average 12.8m GT contracted p.a. between 2005 and 2014. The majority of this tonnage (85%) was reportedly contracted domestically. Furthermore, Chinese owners saw a relatively limited 11% decline in ordering last year compared to the 2005-14 average (12.3m GT) with 11.0m GT placed. Ordering was largely state-backed and 51% of orders in GT terms were placed at state building groups CSSC and CSIC last year. Elsewhere, the volume of contracts placed by South Korean and Singaporean owners declined by 30% and 45% respectively in 2015 compared to the average 3.3m GT and 1.7m GT contracted p.a. 2005-14.
Exceptions To The Rule
According to 164 years old U.K based shipping broker, Nonetheless, although Japanese owners were relatively active last year, owners from most other major countries still saw ordering volumes decline. With reported contracting levels so weak in 2016 so far, and activity expected to remain limited, shipbuilders will be crying out for investors from more than one country to prove exceptions to the rule this year.
Source: Clarksons
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Friday, 18 March 16
DRY BULK MARKET HAS LITTLE TO LOOK FORWARD TO FROM CHINA AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s rebound is long overdue, but when it comes, it won’t be because of China’s strong demand for commodities, o ...
Friday, 18 March 16
COAL PRODUCTION IN THE UNITED STATES SLIGHTLY DECREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.5 million shor ...
Thursday, 17 March 16
THE PANAMAX MARKET SEEMS TO BE A BIT TOPPISH THIS WEEK - FEARNLEYS
Cape
There are challenging days with rates or less unchanged from last week; West Australia to China still below US$ 3 pmt, and Tuarao to China i ...
Wednesday, 16 March 16
OIL SUPPLY OUTPACES DEMAND ON ANY GIVEN DAY, AND BILLIONS OF BARRELS OF OIL ARE BEING STORED RATHER THAN CONSUMED - CHRISTOPHER
Oil producers have turned to the concept of limiting their output to January levels as a certain form of action to boost prices that have fallen mo ...
Tuesday, 15 March 16
PORT OF NEWCASTLE SHIPPED 12.78 MMT OF COAL IN FEBRUARY 2016
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped AU$1,110.5 mi ...
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Showing 2516 to 2520 news of total 6871 |
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- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- The University of Queensland
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Planning Commission, India
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
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