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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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Thursday, 25 November 21
SE ASIA POWER DEMAND TO RISE AS STATE SUPPORT MITIGATES COVID-19 IMPACT - FITCH RATINGS
Electricity demand in south-east Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has ...
Thursday, 25 November 21
FITCH RATINGS INCREASES MOST GLOBAL METALS AND MINING PRICE ASSUMPTIONS - FITCH RATINGS
Fitch Ratings has increased most metals and mining price assumptions, particularly those that benefit from increased longer-term demand due to glob ...
Thursday, 25 November 21
CHINA'S COAL PRICE DROPS IN MID-NOVEMBER AMID GOVERNMENT’S SWEEPING MEASURES - GLOBAL TIMES
China’s coal prices have dropped significantly in mid-November compared with the beginning of the month, with the price of coking coal and co ...
Wednesday, 24 November 21
MARKET INSIGHT - INTERMODAL
Inflation is the word that has dominated the meetings of foreign leaders and finance ministers in recent weeks, as rising energy costs, supply chai ...
Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...
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- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- The University of Queensland
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
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