We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 24 August 16
MARKET INSIGHT
 Brazil and the world bid farewell on Sunday to the first Olympic Games in South America in the midst of a finale meant to be both one last bash and to take care of some business — namely signal the transition to the 2020 Summer Olympics in Japan. The theme was “Brazilians can do with their bare hands,” a nod to the emerging economy of the world’s fifth most-populous nation, whilst the world now turns their attention to the world’s third-largest economy, Japan, which most certainly can do it by using robots...However, at a time that Japan is facing unprecedented levels of budget deficit, plans for bold stimulus packages raise further concerns. Japan’s top government spokesmen have in the recent past ruled out the issuance of deficit bonds to fund an economic stimulus package planned for the autumn, hinting at the use of construction bonds for longer-term investments. Let’s hope that shipping, which is an important pillar of the Japanese sourcing capacity receives the support it deserves in the process.
Meanwhile, one of the most paradoxical summers in terms of snp activity is coming to an end, further underlining the illiquidity of the tanker sector and the lack of interest for the container and offshore segments.
Given the lack of finance during all shipping recessions, the redeeming feature of the idiosyncratic shipping investment model is the opportunity it presents during times of high volatility; i.e. based on the basic capital asset pricing (CAP) model used by most investment analysts, which equates volatility with risk, it is this volatility (high risk) and low returns that distinguishes shipping from other investments. In other words, given the lack of finance, it is at times of collapsing earnings that market pundits should recognize the asset value opportunities and move accordingly.
This summer’s paradox on the other hand means that the number of sales in the tanker sector –especially the crude- which has suffered a tremendous blow in earnings is attracting scarce buying interest, whereas the dry bulk sector is finding a strong footing both in healthy volumes of deals transacted and in asset values which are steadily going up despite a rather “zero sum game” earnings timeline. The reasons for such behavior are multiple but recognizing the trend itself is sufficient to make it worth keeping a closer look at any pattern/reaction forming in the near future.
By George Dermatis
SnP Broker
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 reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
The 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.
|
|
Wednesday, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...
Monday, 19 September 16
AFTER YEARS OF COMA, COAL BECOMES THE MOST ATTRACTIVE COMMODITY RIGHT NOW
COALspot.com: China boosted coal imports in recent months. The Chinese government’s drive to cut over capacity pushed up the demand for therm ...
Monday, 19 September 16
THE CAPE INDEX WAS UP 7.28% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined and ending in a slightly negative note this past ...
Friday, 16 September 16
GLOBAL SHIPBUILDING: THE CHALLENGE TO REMAIN 'ACTIVE' - CHRISTOPHER PEARCE, CLARKSONS
The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 shipyards at the start of ...
Friday, 16 September 16
U.S. WEEKLY COAL OUTPUT DECLINED 6.2% TO 15.1 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.1 million short ton ...
|
|
|
Showing 2281 to 2285 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- The University of Queensland
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Siam City Cement - Thailand
|
| |
| |
|
