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Monday, 14 August 17
CENTURIES ON, AND DRY BULK STILL RULES THE WAVES... - SARAH HOLDEN | CLARKSONS
 By the late 1800s, the shipping industry had been transformed by the introduction of steam power and iron ships. Coal and grain were two of the most important cargoes, alongside timber, sugar, cotton and tea. While technology, the sheer scale of the business, and the global cargo mix, have of course all changed since then, dry bulk cargoes have retained a position at the heart of global seaborne trade.
An Ancient Title
In 2016, seaborne dry bulk trade totalled 4.9 billion tonnes. That’s equal to 44% of world seaborne trade, by far the highest proportion of any cargo group, followed by oil with a 27% share. From the early days of the industrial revolution, dry bulk goods fuelled the world’s industry, and they still do so today, although the drivers of expansion have shifted. Looking at the recent history, dry bulk trade has gone through a rather rocky patch, but some cargoes have still steamed ahead.
King Of The Cargoes
Today, seaborne trade in iron ore is the largest of any dry bulk cargo in terms of volumes, with 1.4 billion tonnes shipped in 2016, 13% of global seaborne trade. In the early 1980s, iron ore was the biggest individual dry bulk cargo, although lost the top spot to coal in the 1990s. However, the meteoric rise of China’s steel industry in the 2000s propelled trade in iron ore to new heights, with growth in Chinese imports accounting for 94% of expansion in global iron ore trade between 2000 and 2014. Whilst coal trade has taken a breather since then, iron ore has pushed on, supported by major mine expansions, despite concerns about the Chinese economy (particularly in 2015). While iron ore and coal trade were a similar size in 2013, by 2016, iron ore trade was 25% larger than coal trade.
Troubled Queen
In the late 19th century, it was coal that was the dominant cargo, with around 50mtpa shipped. Today, it is still the second largest dry bulk cargo at 1.1 billion tonnes in 2016, but it has had a bumpy ride of late. Having grown fairly steadily between 1980 and 2008, coal trade was significantly boosted in 2009-13 by China raising imports to supplement vast domestic output. By 2012, China was the largest coal importer globally, but a 31% drop in imports in 2015 led to a 6% decline in global seaborne coal trade that year. While coal trade has now returned to growth, rising environmental concerns in many countries could limit expansion.
Goods Of The Realm
Outside of the two largest cargoes, grain trade, which in the early 1980s was a similar size to coal trade, has expanded steadily, but not as dramatically as the more significant commodities, and totalled 481mt in 2016. Meanwhile, minor bulk trade, which was dented by the global economic downturn, has still risen considerably, but was hit again in 2014-16 by Indonesia’s raw mineral export ban.
Leading The Way
So, hundreds of years have passed, but dry bulk remains shipping’s largest cargo type. Some cargoes have fared better than others, but despite the challenges still present today, nothing yet looks like it will easily knock dry bulk off its top spot.
By Ms Sarah Holden
clarksons
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Thursday, 28 September 17
CHINESE GOVERNMENT TO CANCEL DOMESTIC IRON ORE MINING RIGHTS - JEFFREY LANDSBERG
It has been reported that China will cancel roughly one third of its iron ore mining licenses, says Commodore Research & Consultancy in its lat ...
Tuesday, 26 September 17
REDUCING THE RISK OF LIQUEFACTION - IUMI
KNOWLEDGE TO ELEVATE
Liquefaction is a phenomenon that can take place in granular materials, such as soil or fine ore, where the beh ...
Tuesday, 26 September 17
THE CURRENT HIGHS IN THE DRY BULK FREIGHT MARKET WILL SURELY BE SURPASSED AND BY A CONSIDERABLE MARGIN IN THE NEXT YEAR OR SO - GEORGE LAZARIDIS
The Dry Bulk market con!nues to show a strong face amidst the favorable tail winds being seen, which have helped the Bal!c Dry Index inch above the ...
Monday, 25 September 17
CHOICES FOR SHIPPING AS 2020 APPROACHES? - CLARKSONS
Historically, the fuel of choice for the vast majority of large cargo ships has been heavy fuel oil. But in 2020, sulphur oxide emissions will be c ...
Monday, 25 September 17
THE FREIGHT MARKET ROSE IN ALL SEGMENTS EXCEPT PANAMAX WEEK OVER WEEK
COALspot.com: The freight market rose in all segments except Panamax week over week. Mainly Cape has supported to boosted up BDI this past week, BD ...
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Showing 1931 to 1935 news of total 6871 |
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- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
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