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
Thursday, 14 July 16
SHIPPING'S HALF YEAR REPORT - 'MUST DO BETTER' - CLARKSONS
ClarksonsIt’s the time of year, with the school holidays and end of term approaching, that many pupils will nervously take home their school reports to anxious parents. With the spread of challenges facing the industry, it’s unlikely the shipping markets would achieve many top grades. However some sectors might still achieve an “A” for effort and this week’s analysis reviews the markets’ performance in the first half.

Must Do Better!
Our Graph of the Week compares performance in the first half of 2016 to the averages since the financial crisis, as a barometer of performance against trend. First on the graph is the ClarkSea Index, our average earnings index covering all major sectors, which is 18% down on the average since 2009 and 30% compared to 1H 2015. The index actually finished the mid-year at just $8,575/day, close to its all time low of $7,444/day. Clearly room for improvement.

Heading For Re-Sits?
With widely reported historical lows in the bulker sector in the first half, Capes averaged below $5,000/day in 1H 2016, some 76% below the average since 2009. Containerships fared little better, slumping to 54% below trend while offshore rates were also almost 50% down on trend and generally hovering around OPEX levels. The prevalence of lay-up and stacking makes offshore arguably the most challenged sector at present. LPG rates also moved below trend, with VLGCs averaging $32,000/day, albeit following their stellar performance of 2015. Meanwhile trade is heading towards more muted growth with an expectation of 2.2% in 2016 compared to a trend rate of 3.2%.

“A” For Effort
Reduced fleet growth (1% to reach 1.8 bn dwt), increased demolition and extremely limited newbuild orders should all get an “A” for effort. Although demolition of 29m dwt was slightly below 1H 2012 levels, it was 43% above trend. However orders of 18m dwt and $16bn constituted a 35-year low and 68% down on the average since 2009 (lower than the 19.1m dwt in 1H 2009 and lower still if the Valemax orders of 12m dwt are excluded). Further pain for the shipyards and pressure on newbuild prices seems likely as the year progresses. Sale and Purchase activity was well down in value terms but marginally above trend by tonnage, reflecting the strong buying appetite for bulkers (bulker sales of 21m dwt in 1H 2016, the highest tonnage figure since 1H 2007).

Keep Up The Good Work
Although they eased back during the first half, tanker earnings continued to perform above trend with VLCC rates still averaging around $50,000/day. Product tanker earnings have also eased back somewhat this year but remain above trend, as does our index of chemical tanker earnings. The best performer across shipping was the Ro-Ro market, continuing its improvement from 2015 and 60% above trend, with the Ferry and Cruise markets also generally positive.

So shipping is experiencing some of its toughest conditions since the financial crisis and, despite its many efforts, may well be heading for an appointment with the headmaster (the bankers?).
Have a nice day.
Source: Clarksons


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 05 August 16
CAPESIZE : RATES ARE REMAINING AT DEPRESSING LEVELS DUE TO LACK OF FRESH CARGOES - FEARNLEYS
Supramax Last week has been one of the slowest for some time with rates under pressure in most areas. In its latest weekly report, shipbroke ...


Thursday, 04 August 16
INDONESIAN COAL PRICES ARE STARTING TO ZOOM HIGHER; HBA ROSE 10.13% TO US$ 58.37 PER TON
COALspot.com: The Indonesia coal benchmark price hits to its highest level since August 2015. The Director General of Mineral and Coa ...


Thursday, 04 August 16
BREXIT: IMPLICATIONS FOR GLOBAL SHIPPING AND SEA TRADE - EVERSHEDS
The buzzword for the post-Brexit landscape both in Europe and further afield is ‘uncertainty’. No-one really knows the long term effect ...


Wednesday, 03 August 16
RECAAP INFORMATION SHARING CENTRE ISSUES SPECIAL REPORT ON THE ABDUCTING OF CREW FROM SHIPS IN WATERS OFF EASTERN SABAH AND SOUTHERN PHILIPPINES - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE In the light of three incidents where the crew of tug boats were abducted in the waters off Eastern Sabah and Southern Ph ...


Wednesday, 03 August 16
SHIPPING MARKET INSIGHT - EVA TZIMA
The Good… Demand. Amidst all the unprecedented geopolitical turmoil and shifts in the likes of Brexit, the IMF lowered last month its glob ...


   466 467 468 469 470   
Showing 2336 to 2340 news of total 6871
News by Category
Popular News
 
Total Members : 28,692
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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