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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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Monday, 07 March 16
FREIGHT MARKET MOVING POSITIVE; ALL SEGMENTS EXCEPT CAPE SHOWING A FIRM TREND
COALspot.com: The freight market was steady this past week and showing a firm trend for all segments except for Cape index.
The Baltic Dry Ind ...
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 ...
Friday, 04 March 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 109.3 MMST; 30.2% LOWER THAN THE COMPARABLE YEAR-TO-DATE COAL PRODUCTION IN 2015 - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.1 million shor ...
Thursday, 03 March 16
INDIA'S BUDGET NOT ENOUGH TO BOOST STEELMAKERS' PROFITABILITY - FITCH RATINGS
COALspot.com: Fitch Ratings says that increase in proposed infrastructure spending in India's latest government budget is unlikely to provide a ...
Thursday, 03 March 16
BDI FURTHER STRENGTHENING; THE INCREASE IN RATES WAS NOT SUBSTANTIAL
COALspot.com: The BDI closed off on a positive note for a second week in a row, further strengthening the belief that the market might be bottoming ...
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Showing 2536 to 2540 news of total 6871 |
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- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- The University of Queensland
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
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