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Saturday, 06 August 16
DRY BULK SHIPPING CHARTER RATES TO RISE ON UNEXPECTED DEMAND GROWTH - DREWRY
 Increasing trade and contracting supply will support a recovery in charter rates on major dry bulk shipping routes, with the prospect of China importing more coal and iron ore to combat pollution and poor quality, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.
Macroeconomic policy decisions by the Chinese authorities have had an impact on the overall dry bulk market, increasing vessel demand on key routes resulting in a steady recovery in charter rates. China’s efforts to revive its economy have helped the iron ore trade to revive and are expected to further boost tonne-mile demand, as Drewry envisages more of the commodity coming out ofBrazil.
On the investment side, tighter financing options and restrained new ordering have helped the dry bulk market to keep supply in check so far. A high number of slippages and cancellations will impede any substantial growth in deliveries over the next few years. Demolition of ever-younger vessels is expected to result in a slowdown in fleet growth this year. And a similar rate of demolition and delivery in the next year will help deflate oversupply further. Demand growth, which seemed to be an unlikely prospect throughout last year and the early part of 2016, has been helping the dry bulk market come off the bottom.
India’s coal imports increased by 8% in 2015, but are expected to remain flat this year as domestic output will continue to be high. The impending La Niña might impact Australian cargo outflows if rain disrupts rail movement and port activities. This will result in increasing congestion at the country’s ports which in turn will squeeze available coal supply from other sources.
Drewry expects freight rates on the Brazil-China and Australia-China iron ore routes for Capesize vessels to strengthen over the next two quarters, but the return of laid-up vessels to trading could disrupt the expected improvement.
“Demand for coal-carrying vessels will increase in the coming quarters because Japan has decided to increase its coal-fired power generation, while China plans to cut domestic coal production which will increase import demand,” commented Rahul Sharan, Drewry’s lead analyst for dry bulk shipping.
“We further expect the grain trade to remain strong as recent heavy rains have enhanced the prospects for grains in Europe, CIS and North America, especially for maize and barley crops”, added Sharan.
Source: Drewry | Hellenic Shipping
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Tuesday, 26 April 16
INDONESIA BANNED COAL EXPORTS TO PHILIPPINES BY BARGES DUE TO SECURITY CONCERN
COALspot.com: The Ministry of Energy and Mineral Resources (ESDM) on behalf of the government of Indonesia has Freeze coal exports by barges to Phi ...
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 demolitio ...
Monday, 25 April 16
CHINESE STEEL PRICE SURGE NOT SUSTAINABLE - FITCH
The rapid increase in Chinese steel prices so far this year is not sustainable, as it is largely due to a seasonal pick-up in construction and elev ...
Monday, 25 April 16
WEEKLY CS (I) COAL INDICES END ALMOST FLAT
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.05 percent week over week to averaging $38.67 per ton on this past Friday, acco ...
Monday, 25 April 16
BALTIC DRY INDEX ENDS WEEK ON A POSITIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
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- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
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