We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 04 March 16
GLOBAL ECONOMY'S JITTERS ARE SLOWING DOWN SHIPPING EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The global economy’s shaky condition to say the least is now hampering growth and as a result demand for shipping is slowing down, something will be evidenced in the world trade’s growth over the course of the year. As things stand at the moment, “global growth continues to be lagging in performance, with the major driving economies both from the Developed market and Emerging markets spectrum still too weak to drive any real change to the downturn currently experienced world-wide. Taking into consideration recent analysis circulated, these conditions have been in stark contrast to what many had been hoping to see back in early 2015, at a time when most of us had been hoping for tailwinds ushered by the drastic drop in oil prices to help redistribute the savings brought about to consumers globally and drive in turn for much higher global growth”, said Allied Shipbroking in its latest report.
According to Allied’s George Lazaridis, Head of Market Research & Asset Valuations, who attempted to provide an answer in a nutshell, “China and the adverse effects of a broader credit cycle deterioration. The slowdown in China has both directly and indirectly had considerable adverse effects on the global economy, substantially weakening trade demand for dry bulk commodities as well as all for finished goods. At the same time much of the previously strong growth pumped in by the much herald BRICS economies has been faltered by the fact that majority of these have been net commodity exporters feeding their growth models from the earnings brought in from commodities ranging from oil to iron ore and coal. As such the weight has been effectively thrown onto the main developed markets to take up the role of driving the next economic growth wave though with minimal success as these markets are still tackling great stresses in their credit markets, while the political and economic unrest most of them face shatters consumer confidence. As such the overall net effect has been negligible, with only a hand full of economies managing to show off an accelerated growth performance thanks to the savings from the lower oil prices noted since late 2014”, he noted.
Lazaridis added that “on the wake of all this we have now started to see China make announcements reflecting the magnitude of the problems that have been created over the past year. The Chinese government has now estimated that it will lay off 1.8 million workers in its coal and steel sectors (representing about 15 percent of the said workforce). At the same time its central bank has stepped up its efforts to cushion the said economic slowdown by further cutting the reserve ratio the nation’s lenders must hold by 0.5 percentage points effective from March 1st. This has been in hope of further credit being injected (estimated to be around US$ 105 billion in value) into its economy and in turn to its consumers in order to help drive its own internal economic “motor”, he said.
“In line with this, we have also seen a string of similar stimulus measures being taken by other major economies, though little as of yet has been reflected in terms of actual reported growth. The main issues that need to be resolved are still relatively untouched, with labour markets in most of the Developed and Emerging markets still in need of further “tightening” (especially to counter fears of some markets moving into deflation), while access to credit and opening of further investment needs to be better targeted in order to provide stronger “bang” in economic growth for each “buck” invested”, Allied’s analyst concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
Thursday, 04 February 16
CAPESIZE: WEST AUSTRALIAN TO CHINA HAS BEEN CONCLUDED AT US$ 2.85 PMT AND THE C3 MARKET REMAINS INACTIVE - FEARNLEYS
Capesize
As everyone is getting ready for the Chinese new year, already depressed rates are under further pressure.
According to Fearnleys, ...
|
|
|
Showing 2571 to 2575 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- PTC India Limited - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- The University of Queensland
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Australian Coal Association
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- CNBM International Corporation - China
|
| |
| |
|
