We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 09 May 17
DRY BULK TRADE IS STILL HEAVILY RELIANT ON CHINA - GEORGE LAZARIDIS
 We have seen an overall cool down in the dry bulk and tanker markets over the final two weeks of April, sparking worries amongst ship-owners that the high point of 1,338 in the Baltic Dry Index is the ceiling we can reach for the time being said Allied Shipping Research in its latest weekly market report.
According to George Lazaridis of Allied, this in part has been reflected by the slower growth figures reported today by China’s official import figures, which showed a rise of 11.9 percent compared to March’s 20.3 percent increase. In terms of exports, things seemed to be hit even harder, with exports noting an 8.0 percent rise year-on-year, compared to 16.4 percent rise that was noted in the month prior.
Dry bulk trade is still heavily reliant on China, with its imports accounting for the largest share of seaborne trade for the main dry bulk commodities. At the same time, China’s imports are directly correlated and reliant on its exports, with its economy still being export oriented to a large extent. The recent trends that have been noted in the dry bulk market have been too many people’s surprise, given that most had expected that the seasonal grain trade in the Atlantic would have helped keep the momentum that was being noted in previous months going. However it seems as though we witnessed a materialization of the main fears that had been observed in regards to the problems being faced in the steel industry and excesses being seen in terms of stock piles of iron ore, while at the same "me the drop in commodity prices that has been taking place over the past months, has only helped to allow charterers to withhold cargoes and dampen market conditions for the time being.
Head of Market Research & Asset Valuations of Allied further noted, that being said, there are still expectations of trade growth to continue to hold up relatively well given the brighter outlook that is being seen for the global economy this year, however there are still “headwinds” to overcome, with China itself taking on further policy tightening in order to cut off speculative investment (mainly in the property sector), something that could inevitably remain as a dampener over the coming months. We are still not yet in an economic environment globally whereby we can witness a fast-paced growth in trade. We have seen conditions in the political landscape improve somewhat, especially over the past weekend with France’s election results helping eliminate fears of a potential impending break-up of Europe. This should, in turn, helped boost figures in one of the world’s biggest economies, while improved numbers coming from the U.S. could combine to provide another strong driver for emerging markets.
George Lazaridis of Allied Shipping Research further said, although there are still rumors that we may well see another small rally before midsummer, as there are still talks of excess grain cargoes looming hidden in the market, we may well end up seeing a further softening in sight with the 1,338 points noted on the 29th of March, being the maximum high that will be seen in the first half of 2017. Nevertheless, we are still seeing a market that is firmly on a recovery path and although for the moment this recovery path is slow and still relatively fragile, it is still on course and as such should translate into further improvements in the freight market moving forward. To what extent, will both depend on the overall conditions of the global economy, but as always will also heavily depend on what we do on the supply side of things.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 17 April 17
THE PANAMAX INDEX (BPI) ROSE (12.89%) WEEK OVER WEEK
COALspot.com: The Freight market was firm, week over a week as all segments show a positive upward trend this past week.
The Baltic Exchange, ...
Monday, 17 April 17
U.S. WEEKLY COAL OUTPUT FELL 5% WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.8 million short tons ...
Thursday, 13 April 17
OPEC OVER-DELIVERS ON OIL CUTS, BUT SEES RIVALS' OUTPUT RISING
Crude Oil Price Movements
The OPEC Reference Basket averaged $50.32/b in March, representing a decline of 5.7% from the previous month. Crude fut ...
Wednesday, 12 April 17
THE PORT OF NEWCASTLE SHIPPED 13.791 MILLION TONS OF COAL IN MARCH 2017
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export ports has shipped $AU 1,688.5 ...
Wednesday, 12 April 17
SHIPPING MARKET INSIGHT - VASSILIS VASSILIOU
The first quarter of 2017 started relatively busy for the ship repair sector, with most of the repair facilities being nearly fully occupied till t ...
|
|
|
Showing 2071 to 2075 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- White Energy Company Limited
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
|
| |
| |
|