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Tuesday, 07 December 21
GLOBAL SHIPPING OUTLOOK TURNS STABLE FROM POSITIVE ON THE BACK OF PEAKING EARNINGS DURING 2021 - MOODY'S
 The outlook for the global shipping industry is changed to stable from positive for the next 12 to 18 months due to demand slightly outstripping supply, Moody’s Investors Service said in a report published today.
Moody’s outlook change is driven by tough comparisons with the very strong cash flows generated this year rather than a deteriorating business environment. Indeed, business and financial conditions will remain solid, but they are unlikely to get better than they already are today.
“Earnings for container and dry bulk carriers are at record levels; however, we expect earnings to fall from their 2021 peak but remain high,” said Daniel Harlid, a Vice President – Senior Analyst at Moody’s and the author of the report. “Still, limited deliveries of new vessels next year will help keep freight rates at elevated levels.”
Demand for goods and commodities remain high and will stay robust in 2022. Growth rates have most likely peaked and will start to decelerate next year. Record high profitability and cash flow generation have been used to pay down debt.
Capital spending of shipping companies will continue to increase. Therefore, Moody’s expects orders for newer and more energy-efficient ships to continue to be a theme during 2022, as shipping companies prepare for stricter environmental regulations that will gradually be phased in from 2023.
Source: Moody’s
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Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...
Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...
Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter.
...
Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling pr ...
Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...
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- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Minerals Council of Australia
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
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