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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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Friday, 11 March 16
US WEEKLY COAL PRODUCTION DOWN BY 0.5 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.6 million shor ...
Friday, 11 March 16
FORTESCUE'S MOU WITH VALE COULD STRENGTHEN ITS BUSINESS PROFILE - FITCH
COALspot.com: Fitch Ratings says that Australia-based Fortescue Metals Group Limited's (BB+/Negative) memorandum of understanding (MOU) with Br ...
Thursday, 10 March 16
CHINA'S NEW POLICY PLAN COULD BE POSITIVE FOR SHIPPING, BUT TARGETS SEEM RATHER AMBITIOUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China set out its new policy plan during the course of the past weekend, but it seems to have set some very ambitious goals, which could be difficu ...
Thursday, 10 March 16
U.S. COAL EXPORTS DECLINED 23% IN 2015, AS COAL IMPORTS REMAINED STEADY
COALspot.com: The United States remains a net exporter of coal, exporting 74.0 million short tons (MMst) and importing 11 MMst in 2015.
Accord ...
Thursday, 10 March 16
IT FEELS SAFE TO SAY THAT THE MARKET IS SLOWLY AND PAINFULLY REGAINING ITS BALANCE
With the BDI marking its third consecutive positive weekly closing, it feels safe to say that the market is regaining its balance; slowly and painf ...
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Showing 2526 to 2530 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Australian Coal Association
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- The University of Queensland
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
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