We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
 “The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships owned by Greek and Chinese shipping companies contribute 34% of the total fleet’s deadweight tonne capacity,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.
Although consolidation has been significant within the container shipping segment, the overall shipping market is still very fragmented, and the average shipping company only owns a few ships. Over time, key shipping nations have, however, emerged. Some have since lost importance due to shifts in global trade, but Greece has remained the world’s foremost shipping nation.
More recently, China’s importance as a shipping nation has grown and Chinese shipowners now jointly control the world’s largest merchant fleet. The country also currently owns the second largest fleet of cargo carrying ships.
“Measured by cargo capacity, Greek shipowners control the world’s largest fleet of cargo carrying ships. In total, they control 19% of the cargo carrying capacity and maintain a particularly high share within the dry bulk, tanker, and gas carrier sectors,” says Rasmussen.
The focus of Chinese shipowners has been slightly different. They control a smaller share of tankers and gas carriers but a higher share of the general cargo and container fleets, with COSCO Shipping contributing to the higher share of the container fleet.
The entry of Chinese financial institutions into the leasing market has significantly contributed to the growth of the Chinese owned fleet in recent years, and five out of the 10 largest Chinese shipowners are leasing institutions. Combined, the ten largest shipowners control 41% of the Chinese owned fleet.
The ten largest Greek shipowners are all “traditional” shipowners. Unlike the top ten Chinese owners, the top ten list of Greek shipowners is not dominated by one large owner. Instead, there are seven owners with fleets larger than 10 million deadweight tonnes whereas only three Chinese shipowners have such large fleets.
Even though the Chinese fleet has fewer large owners, the order book held by all Chinese shipowners is 21% larger than the order book held by Greek owners.
Although Greek owners are often very active in the second-hand market, this could indicate that the Chinese fleet may grow faster than the Greeks’ fleets in the coming years.
“Common to both Chinese and Greek shipowners is that relative to their existing fleet, their order books are for LNG carriers and Pure Car Carriers (PCC), two markets currently experiencing solid growth. Chinese owners hold the largest order books in these segments. Their order book for LNG and PCC ships is respectively 126% and 260% of their current fleet.,” says Rasmussen.
Source: BIMCO, By Chief Shipping Analyst, Niels Rasmussen
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...
Thursday, 25 January 24
RED SEA SHIPPING DISRUPTIONS KEEP GEOPOLITICAL PREMIUM FOR COMMODITIES - FITCH RATINGS
Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including for oil a ...
Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after postin ...
Friday, 19 January 24
DRUMMOND COLOMBIA COAL OUTPUT ROSE 7.1% IN 2023 - REUTERS
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6% to 27 ...
Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...
|
|
|
Showing 51 to 55 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- PTC India Limited - India
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- The University of Queensland
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
|
| |
| |
|
