We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 02 December 15
MARKET INSIGHT - VASSILIS LOGOTHETIS
 Boom and bust cycles in commodity prices are not something rare, yet they have important implications both for the world economy in general and for the shipping industry more specifically.
Historically each phase of the cycle lasts several years and currently we are undoubtedly way into the bust phase the exact length of which we are not in position tell. The boom phase lasted almost a decade, since early 2000s, and now we are in the fourth year that prices are moving south.
Among the various commodities, metals have been severely impacted; iron ore and nickel prices plummeted near to decade lows just lately, while the price of copper also plunged to its lower level in more than six years. Among the various explanations proposed for this downswing, the increased supply amidst an environment of slowing demand features prominently.
High levels of investment during the boom phase increased production capacity, while at the same time the Chinese economic growth absorbed much of the production on a global basis. The weakening of emerging economies and most important China’s economic slowdown has affected the market and severely impacted prices.
Moreover, overall prospects for global growth also remain weak as IMF expects a global GDP growth rate of about 3% for 2015 and of about 3.5% for 2016, with both figures having been revised downwards during this year. Global growth in the first half of 2015 was 2.9%, weaker than forecasted, while the recent political turmoil in the Middle East is a factor that is expected to further affect market sentiment. At this point, it is uncertainty that dominates the markets and nothing seems to indicate that things will improve sharply in the short term.
The aforementioned slowdown in global GDP growth is also reflected in the weakness of global trade that according to OECD is expected to grow only by 2% this year, one of the worst rates during the last five decades.
Hence, it comes as no surprise that some days ago the BDI touched its all-time low. The slowing demand for transport capacity and the oversupply of tonnage are driving freight rates down, while at the same time low levels of demo prices, obstructs the market from finding its balance faster.
Yet, as we are approaching the end of the year, we should not lose our optimism for 2016. After all, things from a macroeconomic point of view are expected to be better next year, not much, but definitely better.
By Vassilis Logothetis
Research Analyst
Compiled by:
Intermodal Research & Valuations
Analysts:
Ms. Eva Tzima
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no re-producing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 13 November 15
DRY BULK, IT IS HARD TO MAINTAIN AN OPTIMISTIC VIEW FOR THE NEXT COUPLE OF MONTHS - INTERMODAL
COALspot.com: The dry bulk owners looking for cover remained under pressure for size segments across the board. With Capes closing off the week as ...
Friday, 13 November 15
WEEKLY US COAL PRODUCTION DECLINES TO 16.5 MMST; SLIDE 14.9% Y-Y: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.5 million shor ...
Thursday, 12 November 15
FOREIGN COAL MINE ACQUISITION - STRATEGY VERSUS OPPORTUNITY FOR INDIAN UTILITIES - DIPESH DIPU
The acquisition market for thermal coal assets abroad is dull. Sellers of all hues are in the market; some are actively scouting for buyers while o ...
Thursday, 12 November 15
PORT OF NEWCASTLE'S COAL EXPORT VOLUME UP IN OCTOBER 2015
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $1.254 billio ...
Wednesday, 11 November 15
Q3' 16 RICHARDS BAY COAL SWAP LOST 15.47% SINCE 6 AUGUST; 18.65% SINCE 6 MAY
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 declined week over week and month over month.
The Q1’ 2016 &nb ...
|
|
|
Showing 2716 to 2720 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Parliament of New Zealand
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
|
| |
| |
|
