We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 07 December 16
IT'S BEEN YET ANOTHER TURBULENT COUPLE OF DAYS..... - GEORGE LAZARIDIS
 It’s been yet another turbulent couple of days, with a significant number of news headlines shaking up markets.
On Friday we had the OPEC agreement coming to light, with all members and Russia agreeing to cut down production outputs. This has had a fairly imminent impact with Brent crude oil rising to above US$ 55 a barrel earlier today, the highest level it has reached in over 16 months, says George Lazaridis Head of Market Research & Asset Valuations of Allied in his latest weekly report.
George Lazaridis further says, despite the fact that there is still considerable debate as to how the price will trend moving forward, with some estimates reaching as high as US$60 and US$70 a barrel. There is however some skepticism in reference to the effectiveness of this current agreement. There are a number of major non-member producers which could threaten the effectiveness of this deal, while there is even a threat from within OPEC itself. The last time that a quote was set, members exceeded their individual quotes for 20 out of the 24 months before the quote being eventually scrapped at the end of 2015.
Allied Shipbroking’s weekly report further noted that it wasn’t all about oil this week, with the Referendum in Italy on Sunday taking main stage and threatening stability with in Europe and the Euro are a once again. After losing the Referendum, Italy ’s Prime Minister, Matteo Renzi, is now anticipated to offer his resignation to the President Sergio Mattarella, who in turn will have to weigh the options and see how well balanced the governing party is to support another prime minister while seeking to avoid the option of early elections taking place. This was initially a major hit on the Euro, with early hours trading on Monday seeing a considerable drop. Things however took a quick shift as markets started to re-question the significance this could have on the market, while it also seems as though markets had already priced in the outcome of the referendum several weeks in advance seeing that the “No ” vote was ahead in most pre-voting polls.
According to George Lazaridis, all these developments have only gone towards further strengthening the U.S. Dollar which now seems to be become a threat in itself for most of the emerging markets. Major markets such as Europe and Japan cheer on for a stronger dollar, which has the benefit of allowing them to improve their trading terms while also helping keep pressure on inflation. Things are very different for most emerging markets however which will have to battle out with their dollar denominated debt held by both governments and companies, while there are concerns that a stronger dollar will also create a shortage of credit for these markets. The fear is that the overall net effect could be a dampener on trade , though this is disputable as in a state were the OECD economies start to generate higher economic growth figures they could also produce the consumption needed to drive trade and growth for emerging markets and help them counter any negative offset produced in the short -run by a stronger dollar.
As for shipping, the effects are also mixed. On the one-hand you have worries as to how trade could be effected by both the strengthening of the price of crude oil and the stronger U.S. Dollar, though this is nothing new for us given that we have been in a “limbo ” state of uncertainty for several years now. The most imminent effect will likely be on asset prices, with several ship owners with debt denominated in currencies other the U.S. dollars (e.g. Japanese owners) likely to look more favourably on any sale option as the U.S. dollar strengthens. This however could have an unintended consequence, with a bigger selection of high specification units driving the buying frenzy further in markets such as that of dry bulkers, George Lazaridis concluded.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 05 January 17
UNCHANGED COAL-FIRED TARIFFS PRESSURE CHINA'S GENERATORS - FITCH
COALspot.com: China's decision to keep on-grid electricity prices from coal-fired power unchanged amid higher coal prices will further squeeze ...
Thursday, 05 January 17
CAPE MARKET HAVE KEPT SURPRISINGLY FIRM AND ACTIVE DURING THE CHRISTMAS AND NEW YEAR HOLIDAYS - FEARNLEYS
Supramax
The first week after a slow Christmas break has started off with little activity and softening rates. Not surprisingly, the market is fi ...
Thursday, 05 January 17
COMPARISON OF HONG KONG AND LONDON ARBITRATION - SKULD
KNOWLEDGE TO ELEVATE
Whilst London arbitration is the most popular platform for resolution of charterparty disputes, where the parties involved a ...
Wednesday, 04 January 17
INDONESIA'S COAL PRODUCTION IS ESTIMATED TO REACH 434 MILLION TONS IN 2016 EXCEEDED THE GOVERNMENT'S INITIAL TARGET
Indonesia's coal production is estimated to reach 434 million tons in 2016 exceeded the government's initial target. The Ministry of Energy ...
Tuesday, 03 January 17
BENGKULU TO IMPOSE TOUGHER REGULATION FOR UNPROCESSED COAL AND MINERALS EXPORTS IN 2017 - MEDIA
Bengkulu provincial government is planning to impose tougher regulation for export of coal and mineral in 2017. According to liputan6 online portal ...
|
|
|
Showing 2161 to 2165 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Xindia Steels Limited - India
- Planning Commission, India
- Economic Council, Georgia
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- MS Steel International - UAE
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
|
| |
| |
|