We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 31 October 17
BALTIC DRY INDEX TAKES A BREAK FROM ITS UPWARD RALLY COURSE - GEORGE LAZARIDIS
 It has been a week of corrections for the dry bulk freight market as it seems as the general Baltic Dry Index takes a break from its upward rally course.
According to Allied shipping, the course of each individual index seems to have taken a non-typical course since early July, leading many in the market to make claim on attempts of market manipulation by the larger charterers, through the holding back of cargoes every time we reach a peak that is higher than the previous. This sort of trend has been epitomized by the course taken by these indices, with most prominent that of the Panamax index, showing clear “steps” with short periods of corrections in between. This holding back may have occurred to some degree and it will eventually run its course with the market starting to drop at some point (It would be unthinkable to expect that we would be looking at a shipping market on a constant upward curve in perpetuity).
Nevertheless, George Lazaridis, Head of Market Research & Asset Valuations of Allied says, it is important to note that we have already reached a peak level, with rates well above what has been noted in the past 3 years, a sharp contrast to the sort of market we were facing back in 2016. Having said that, we do find ourselves “running with the bulls” so to speak.
He further noted, the most in the Metals markets are showing an over-optimistic face, with the industry eagerly looking at the potential windfall for the market as they head for LME week in London (the annual gathering of the global metals community in London). The metals markets have been showing a very strong face during this past year, with prices having shot up considerably since the bottoming out in 2015 and with key demand centers showing consistently stronger growth figures. China continues to be the key market here, however manufacturing gauges reveal a strong rebound in other key market such as that of the Eurozone and the US.
In addition to this we have seen Allied say, the curbs in China play a role in smoothing out concerns over the tackling of the supply glut that plagued the industry for more than two years now, while the improved overall consumer indices and rising demand from construction and the automotive sectors, have also played a strong role. At the same time further boost have been fed into the market as most continue to show upward revisions in their growth outlook for most of the OECD countries and key emerging markets. As such it is no surprise that there is strong confidence in the market moving forward, while much of this has trickled over to the shipping industry.
The weekly report of Allied further noted, Capesize owners have been the ones most favored by the recent developments in this trade, given their primary focus in the iron ore trade, while many still see plenty of opportunity for the months ahead. That’s not to say that only this size segment is directly benefiting or will be benefiting from this boom in the market. The rest of the segments in the dry bulk market have also seen a rise in activity in cargoes linked to the commodities involved, from a rise in most ore cargoes as well as through the increased activity in steel products, as well as cargoes directly involved with the processing and manufacturing such as coal.
So the question now stands as to how well the dry bulk freight market can continue on its path of improvement or will this be the peak level for the final quarter of 2017, with a pause being set until the next seasonal spike in demand at some point in 2018. The truth is that there still is enough reason to support further increases before the end of the year, but at the same time there is still ample resistance being noted from the side of charterers, George Lazaridis concluded.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 15 November 17
MARKET INSIGHT - LINOS KOGEVINAS
For another week, oil seems to be the most volatile and interesting commodity to watch. In this segment we’ll look at some of the major facto ...
Tuesday, 14 November 17
COAL STOCKS RUN SHORT, CENTRE TO GET DAILY UPDATE ON STOCKS - DECCAN CHRONICLE
Facing a shortage of coal for thermal power generation in the country, the Central Electricity Authority (CEA) has issued guidelines for maintainin ...
Tuesday, 14 November 17
IN 2018, WORLD OIL DEMAND IS FORESEEN REACHING 1.51 MB/D - OPEC
Oil Market Highlights - OPEC
The OPEC Reference Basket averaged $55.50/b in October, gaining $2.06 over the previous month and reaching the hi ...
Monday, 13 November 17
THERMAL COAL PRICES WERE RELATIVELY UNCHANGED - DANIEL HYNES
Coal prices were broadly higher, driven by strong gains in the metallurgical coal market said Daniel Hynes, Senior Commodity Strategist at ANZ in h ...
Monday, 13 November 17
THIESS AWARDED $300M SANGATTA EXPANSION CONTRACT
Thiess has been awarded a $300 million contract by Kaltim Prima Coal (KPC) to expand operations at Sangatta coal mine in East Kalimantan, Indonesia ...
|
|
|
Showing 1881 to 1885 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Deloitte Consulting - India
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Australian Coal Association
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
|
| |
| |
|
