We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 18 July 17
CHINA'S ECONOMY HAS BOOSTED OPTIMISM IN THE MARKET - GEORGE LAZARIDIS
 COALspot.com: China’s economy has boosted optimism in the market as its recently announced GDP growth for the second quarter of the year exceeded expectations.
Its economy expanded by 6.9% from a year earlier, beating expectations for a growth rate of 6.8% and matching the growth rate recorded in the first quarter of the year, said Allied shipping in its latest weekly report. This figure has been further supported by the rise in industrial output by 7.6% in June against a year earlier and a rise in retail sales and fixed-asset investments of 11% and 8.6% respectively.
According to George Lazaridis Head of Market Research & Asset Valuations of Allied, with all these figures beating expectations and helping support a rate up to now, which is significantly higher than the full year economic growth target of 6.5% set out by China’s government, we have seen a renewed optimism for commodity exporters and miners, while also boosting confidence as to the market prospects for dry bulker shippers, given that the trade for dry bulk commodities is still mainly driven by Chinese demand.
George Lazaridis further noted that, at the same time and despite this boost in optimism there are still voiced concerns in terms of the rising debt, overcapacity in several manufacturing sectors and the emergence of a possible bubble in the property sector. Given that most of the boost witnessed in the first half of the year has been mainly attributed to gains in all these three areas, there is a fear that their importance and role in bringing a potential reversal in fortunes for China’s economy has also grown significantly. As such there are still cautions being voiced as to the prospects of a potential slowdown in the second half of the year. For the time being however these are just voiced concerns, while it seems that given the recent trends China’s growth figure has become more robust and sustainable, especially as its consumer confidence and purchasing power in its home market has grown.
Head of Market Research & Asset Valuations of Allied further said, these boosts have been heavily reflected thus far in the performance of the dry bulk freight market during the same time period, with rates having shown a fair recovery compared to the daily earnings we had been witnessing a year back. Given the that China’s economic performance still plays an immensely significant role on the dry bulk market, with a fair share of the seaborne trade of dry bulk commodities still driven by Chinese demand, all eyes are heavily set on China so as to be able to get a sense of if we are really on a recovery path or not. At the same time the growth in the fleet has been kept under check during the first 6 months of the year, helping further improve the demand-supply balance in the market and support the improvement in freight rates that has been recorded thus far. Given that most have started to feel that this improved performance in China’s economy could help boost commodity exporters while also provide a stronger global consumer base from where other emerging markets can drive their own manufacturing and investment boom.
Given that we have seen another rally take place in freight rates in the midst of the summer lull period, and that most still hold high expectations as to the market performance in the final quarter of the year, it would be to no surprise if we witnessed another rally in the second hand market as buyers start flock back with even higher expectations of future earnings, driving in turn competition and another rally in asset prices. There has already been some slight indication of renewed buying interest, while it may well turn out that August will be a fairly busy month even when compared to previous years, he concluded in his latest weekly report.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 27 July 17
A VOLATILE WEEK IN THE CAPE MARKET - FEARNLEYS
Supramax
The black sea still performing well although bit fewer fixtures concluded/reported. Rates lie somewhere around 18 -19 on front-haul . Bo ...
Wednesday, 26 July 17
SHIPPIPNG MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
After an admittedly challenging 2016, the Dry Bulk market kicked off this year on a much more positive note, with all indices steadily increasing u ...
Monday, 24 July 17
THE FREIGHT MARKET ROSE THIS PAST WEEK COMPARED TO THE PREVIOUS WEEK
COALspot.com: The Freight market rose this past week compared to the previous week, as BDI and Cape indexes show a positive trend week over week.
...
Friday, 21 July 17
ESTIMATED WEEKLY U.S. COAL PRODUCTION TOTALED APPROXIMATELY 15.3 MMST; UP 13.5% W/W
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.3 million short tonn ...
Thursday, 20 July 17
SUPRAMAX: INDO COAL ROUNDS ARE TRADING AROUND MID/HIGH $11K WITH SINGAPORE DELIVERY - FEARNLEYS
Supramax
A positive week again in the Pacific with rates moving upwards.
According to Fearnleys Weekly Dry bulk report, Nopac rounds are pay ...
|
|
|
Showing 1996 to 2000 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Star Paper Mills Limited - India
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- VISA Power Limited - India
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
|
| |
| |
|
