Coal market oversupply risks grow as producers boost output

There is an increasing risk of oversupply in the global coal market as producers respond to higher prices, though power demand in countries such as Indonesia may absorb some extra output, producers and analysts said at an Asian coal conference.

Drewry: VLGC Oversupply to Put More Pressure on Freight Rates

High scheduled deliveries and low demolition prospects will drive unwanted fleet growth of very large gas carriers (VLGC) in 2017 putting additional pressure on freight rates, according to shipping consultancy Drewry.

Shipping oversupply to persist despite big scrapping plans says Drewry

More containership capacity is being demolished than ever before, including old-design ships made redundant by the new Panama Canal. Will this end the current capacity surplus?

Offshore to stay under pressure from oversupply even in firm oil market

The severe overhang of offshore oil rigs and related equipment is anticipated to continue weighing heavily on the...

Oversupply of tugs and barges to hit Batam shipyards

An oversupply of tugs and barges in Indonesia is set hit the country’s shipyards on the island of Batam close to Singapore. ...

Analysis: Coal oversupply exacerbated by Indonesian miners’ low costs

Falling fuel costs have cushioned major Indonesian thermal coal suppliers from sharply lower coal prices this year...

China’s shipping giants face oversupply and weak demand

China’s shipping giants face strong headwinds from fleet oversupply and sluggish global demand, after reporting a weak performance for the first half.