We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 27 December 12
A LOOK AT WORLD TRADE PATTERNS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
While China's leaders are likely to stick with the 2012 economic growth rate of 7.5% when they chart a course for 2013 - its weakest pace since 1999 - with Europe still in recession and U.S' demand sluggish, world trade faces considerable headwinds for 2013. According to Intermodal's Tasos Papadopoulos, "Southeast Asia has lately become an engine of global economic growth; since the Asian crisis of the mid 90’s the region "has been in the gym and working hard" and is showing much more resilience now".
The shipbroker's analyst noted that 'countries such as Thailand, Indonesia, Malaysia, Vietnam, the Philippines, and Myanmar have come out of a prolonged economic slump and are now forecast for a sustained economic growth amid increasing number of middle-income earners. The Philippines, for example, which once earned the nickname the "sick man of Asia", announced earlier this month that its GDP rose by 7.1% in the July-September period which is pretty close to China's growth levels! In other words, the Chinese economy is slowing down, while SE Asian growth is still picking up.
Investors are shifting their money towards Southeast Asian markets where strong consumer spending is expected to boost domestic demand while the region’s deca-millionairs (those earning $10 million or more) already outnumber those in Europe and are expected to exceed those in the United States within the next decade. Over the past three months, stocks in the Philippines rose 8% and in Indonesia climbed 6%. According to Dai-chi Life Research Institute Inc., $1.5-2bn was invested in the stock exchanges of Indonesia, Thailand and the Philippines between late 2011 and October this year. Indonesia, which has a population of 240m - 4th most populated country in the world - offers the biggest domestic market in SE Asia and an increasing predictions that she will be ranked as the 4th largest economy by 2050" he said.
Papadopoulos added that "at this point, it is worth noting that Indonesians’ have been very active in the SnP market in 2012 acquiring modern tonnage, with notable mention going towards the ex “Nanos” (50,296dwt-blt 02) at low $ 14m, ex “Energy Angel” (77,697dwt-blt 98) at $ 12,6m or more recently the reported sale of “Pegasus Island” (77,830dwt-blt 02) at low $ 12m" he said.
According to the report, "China and Japan are also eyeing S. Eastern markets as a destination for their products and expect the region to develop further in the future. Chinese steelmakers, Baosteel Group Corp and Wuhan Iron and Steel (Group) Corp have separately invested into building steel plants in South China, while planning to export a total of 10m tons per year of steel products to the SE Asian region. JFE Steel Corp of Japan, together with Taiwanese company E-United Group, is also examining a plan to build a 3.5m ton integrated steel works in Vietnam. Formosa Plastics Group, Taiwan's top petrochemical company, is investing about $10bn to construct its first steel plant for domestic and overseas supply. The project includes the development of a deep water port able to accommodate a 300k dwt dry bulker".
Intermodal's report concluded by nothing that "we have to consider that the business environment in all these countries is of high risk. Political stability is not guaranteed and past experience should become a lesson; in Thailand, after the royal succession takes place, there is a high risk that social stability may not to be ensured, in Myanmar, the transition towards democracy - after almost 50 years of military rule - is not an easy task at all while in Indonesia a bureaucrat who spearheaded the export restrictions on natural resources might be the winner of the 2014 presidential elections...With all this in mind one might wonder what the future may have in stall".
Source: Nikos Roussanoglou, Hellenic Shipping
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 13 January 13
THE FREIGHT MARKET: FAIRLY STEADY - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices up with maximum gain in the Panamax segment. The BDI was up by 7.65 pct clo ...
Saturday, 12 January 13
SUB-BIT FOB INDONESIA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has lost 0.32 percent WoW but CFR South China coal ship ...
Saturday, 12 January 13
HIGHER COAL PRICES: SEASONAL EFFECT
COALspot.com : Bahana Securities, one of the leading securities in Indonesia, said in its latest coal outlook that, on US and China&rsquo ...
Friday, 11 January 13
HBA HAS JUMPED BY US$ 5.80 PMT IN JANUARY 2013
COALspot.com - The Indonesian government has declared bench mark price for coal higher than December price. The monthly coal reference price f ...
Thursday, 10 January 13
PANAMAX : SOME GLIMMERS OF HOPE MID WEEK - FEARNLEYS
According to Fearnley’s weekly report, the Atlantic handy market is stable with rates around USD 11k for Cont-Feast and USD 17k bss USG/Feast. ...
|
|
|
Showing 4426 to 4430 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- London Commodity Brokers - England
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
|
| |
| |
|