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
Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
BIMCO2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An almost total halt in Panamax demolitions has been an important factor behind this fall, with demolition in every ship segment down.
 
While last year, Panamax ships accounted for 23% of total dry bulk demolition, this year, with only two ships demolished, totalling 144,485 DWT, this segment accounts for only 3%. The last time Panamax demolition was so low was in 2007 when the total came to 141,479 DWT.
 
“The last year in which only two Panamax ships were demolished was in 2007 when the dry bulk market was booming, and Panamax demolition hasn’t been in single figures since 2010.
 
Historically, better freight rates lead to a decrease in demolition and with average earnings in the dry bulk market at their highest since 2011, owners are more likely to keep their ships sailing,” Peter Sand, BIMCO’s Chief Shipping Analyst, says.
 
No month in 2018 has experienced more than 0.8 million DWT of dry bulk demolition, compared to last year in which ten months saw demolition above 0.8 million tonnes. January saw the highest levels this year at 748,666 DWT. April was the lowest month, during which only one Supramax ship was demolished.
 
Small ships live longer lives
The average age of dry bulk ships being demolished has risen to reach 28.1 years, up from 24.7 years in 2017 (Source: Clarksons). The highest average age of demolished ships was observed in May, peaking at 31.7 years. The average age for demolished Capesize ships over the course of the year was 23.8 years old, and Panamax ships were on average demolished at 21.6 years of age. The smaller ship sizes had a higher average age at demolition of 29.8 years and 31.9 years for Handymax and Handysize ships respectively.
Source: Peter Sand, Chief Shipping Analyst, BIMCO


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

Recent News

Friday, 04 January 19
FOCUS IS ON BOOSTING COAL PRODUCTION: INDIAN COAL MINISTER
The current focus of the government is on boosting production from operational coal mines, according to Minister for Coal, Piyush Goyal. ...


Thursday, 03 January 19
CAPESIZE: A MORE POSITIVE START OF THE NEW YEAR THAN EXPECTED FOR THE BIG SHIPS - FEARNLEYS
Capesize A more positive start of the new year than expected for the big ships, with average gains of  US$ 500/day posted on the first tra ...


Tuesday, 01 January 19
INDONESIA: COAL PRODUCTION EXPECTED TO EXCEED THIS YEAR'S TARGET - JP
Indonesian coal production reached 456 million tons up to Thursday or 94.02 percent of this year’s total target of 485 million tons, accordin ...


Monday, 31 December 18
THE INDONESIAN COAL MARKET Q1 '19 FORECAST: LOOKS DIRECTIONLESS - TRADER
The Indonesian coal market looks directionless, an International coal trader said when we asked him to give his forecast for 1Q' 2019.  ...


Monday, 31 December 18
GLOBAL COAL DEMAND GREW BY 1% IN 2017; GLOBAL COAL POWER GENERATION INCREASED BY OVER 250 TWH - IEA
After two years of decline, global coal demand grew by 1% in 2017 to 7585 Mt as stronger global economic growth increased both industrial output an ...


   300 301 302 303 304   
Showing 1506 to 1510 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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