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Friday, 18 March 16
OUTLOOK ON GLOBAL SHIPPING SECTOR TURNS NEGATIVE AS SUPPLY-DEMAND GAP WIDENS AND EBITDA DECLINES - MOODY'S
 Moody’s Investors Service (Moody’s) has changed its outlook on the global shipping sector to negative as it expects supply growth to outpace demand growth in 2016 by more than 2%, suppressing freight rates, particularly in the dry bulk and containership segments. The outlook for the tanker segment remains stable as low crude oil prices will continue to boost demand for tankers.
“Even though the tanker segment continues to perform strongly, we expect the supply-demand gap for the industry overall to exceed 2% in 2016, and possibly into 2017, as large new vessel deliveries coincide with subdued demand for dry bulk and container ships,” says Marie Fischer-Sabatie, a Moody’s Senior Vice President and author of the report. China’s slowdown is weighing on demand for commodities, such as coal and iron ore, which in turn affects dry bulk seaborne transportation demand.
On the back of weaker freight rates in the dry bulk and containership segments, Moody’s now forecasts a low single-digit percentage decline in aggregate EBITDA for the rated shipping companies in 2016, versus growth in the low single-digits in its previous forecast late last year.
While fuel prices, which make up a large cost item for container shipping companies, have continued to fall over the past six months, the benefits to the container shipping segment will fade somewhat in 2016 because they have already passed lower fuel costs on to their customers via reduced freight rates, limiting the upside.
Moody’s report, titled “Outlook Update: Shipping — Global: Weakness in Dry Bulk, Container Segments Drives Outlook Change to Negative”, is available on www.moodys.com.
Source: Moody’s | Hellenic Shipping News
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Thursday, 24 March 16
NEWBUILDINGS' PRICES HAVE STARTED TO COME DOWN - ALLIED | HELLENIC SHIPPING NEWS
Newbuildings’ prices have started to come down, as demand has remained subdued for quite some time now. In its latest weekly report, shipbrok ...
Wednesday, 23 March 16
THE PANAMA CANAL - WILL THE MELTING OF POLAR ICE CAPS CREATE RIVAL NAVIGATIONAL WATERWAYS THROUGH THE ARCTIC? - INTERMODAL
The Panama Canal, 102 years after its initial opening, is now about to have its expansion completed with a cost of USD5.25 Billion. It is a project ...
Tuesday, 22 March 16
FOUR NEW MARKET MEMBERS HAVE JOINED GLOBALCOAL
globalCOAL® announced yesterday that four new Market Members have joined its international trading community.
Ferrocadia DMCC is an intern ...
Monday, 21 March 16
INDONESIAN 4200 GAR COAL INDEX ROSE $0.12 OR, 0.44% WEEK OVER WEEK; INDEX CLOASED AT $27.19 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.21 percent week over week to averaging $38.90 per ton on this past Friday, ac ...
Monday, 21 March 16
THE BALTIC DRY INDEX ROSE SLIGHTLY WEEK OVER WEEK; BCI UP 11.93%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued rose this week helped by higher rates for Cape ...
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Showing 2511 to 2515 news of total 6871 |
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- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- White Energy Company Limited
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- GMR Energy Limited - India
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
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