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Monday, 18 September 17
PROSPECTS ARE NOT SO CLEAR CUT FOR COAL - CLARKSONS
ClarksonsProspects are not so clear-cut for coal. According to Clarksons, coal has been a key energy source since the Industrial Revolution and in 2016, steam coal met 28% of global energy needs.

China and India’s fast-growing economies have been key drivers of steam coal demand and imports (e.g. from Indonesia) in the last few decades, but pressure from environmental policies are clearly building.

Still, seaborne trade represented 17% of global steam coal demand in 2016, compared to 9% in 1990.

The Clarksons further noted that, in the last three decades, global oil consumption increased by 40% to stand at 4.4bn tonnes in 2016 (equivalent to 33% of global energy demand). But seaborne trade in crude oil increased by over 70% to reach 1.9bn tonnes in 2016, representing 44% of world oil consumption, versus 36% in 1990.

In energy terms, global natural gas consumption was equivalent to 3.2bn tonnes of oil in 2016, accounting for 24% of global energy demand, up from 20% thirty years ago. The increasingly widespread adoption of LNG technology has seen the seaborne share of global gas consumption rise from 4% in 1990 to 10% in 2016.

As far as shipping is concerned, the continuing relevance of fossil fuels has been highly beneficial over the long run, with rising seaborne trade in coal, oil and gas supporting growth in the bulker, oil tanker and LNG fleets to a combined 22,000 vessels as of start September 2017.


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Thursday, 07 September 17
CAPESIZE: EARNINGS FOR THE BIG SHIPS KEEP UP NICELY AS DIPS ARE MODERATE AND SHORT-LIVED - FEARNLEYS
Supramax Fewer activities in the Atlantic in start of the week with the US holidays. Owners were asking around low USD 20k for trip ex USG to Far ...


Thursday, 07 September 17
TALK OF CONSTRAINTS ON CHINESE COAL OUTPUT PUSHED PRICES HIGHER - DANIEL HYNES
Commodity markets were largely higher as a weaker USD boosted investor appetite. According to Daniel Hynes, Senior Commodity Strategist at ANZ ...


Wednesday, 06 September 17
LAYTIME - CHARTERERS' RIGHTS & PORT COSTS - NORTH P&I CLUB
KNOWLEDGE TO ELEVATE In a recent London Arbitration decision (18/17) the Tribunal had to consider whether the owners were entitled to recover ...


Wednesday, 06 September 17
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The impact of Hurricane Harvey, which made landfall on 25th of August in South East coastline of Texas area has been the major concern of the shipp ...


Tuesday, 05 September 17
COAL: A STRONG MOVEMENT IN THE COAL MARKET OVER THE SUMMER MONTHS - GEORGE LAZARIDIS
We have been witnessing a strong movement in the coal market over the summer months something that has not only helped boost prices for the commodi ...


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