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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
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Wednesday, 12 December 12
69.23 PERCENT OF END-USERS ARE BELIEVE, COAL PRICES ARE IN UPWARD TREND
COALspot.com - The Indonesian government’s declared coal reference price for December’ 12 has gained US cents 31 per MT M-o- ...
Wednesday, 12 December 12
CAPESIZE FREIGHT RATES TO RANGE BETWEEN $9,000 - 16,000/DAY IN THE COMING WEEKS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted yesterday, that Capesize time-charter rates are expected to stay elevated in the foll ...
Tuesday, 11 December 12
NEWCASTLE PORT IN AUSTRALIA HAS LOADED 2,720,205 MT OF COAL W/E 10 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,720,205 MT of thermal and coking coal for week ended 0700 hours 10 December 2012, Newc ...
Sunday, 09 December 12
COAL SWAPS HAVE LOST DIRECTION DUE TO LACK OF ASIAN INTEREST
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 2.43 percent M-M but lost WoW by 0.54 percent and 0.62 ...
Sunday, 09 December 12
LOW DEMAND PUSHES CHARTER RATES TOWARDS DOWN - VISTAAR
COALspot.com - The freight market has softened and BDI, The Baltic Dry Index, a measure of shipping costs for dry bulk goods, plunged below 10 ...
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Showing 4466 to 4470 news of total 6871 |
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- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Planning Commission, India
- Ministry of Mines - Canada
- Australian Coal Association
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
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