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Monday, 11 August 14
LARGEST CHINESE TRADE SURPLUS EVER RECORDED IN JULY - BIMCO
China recorded a trade surplus of USD 47.3 billion in July 2014. The record high surplus came on the back of very strong export growth while imports contracted. The world’s second largest economy saw its overseas shipments increase by 14.5% in July as compared to same month last year.
Exports to the vital markets in the US and Europe both went higher. BIMCO data shows 8.8% growth in inbound loaded containers on the US East Coast during the first six months of 2014 from a year earlier. For the same period on the US West Coast, BIMCO data shows growth of 5.3%. This is much higher than 2013, where inbound loaded container traffic to the US East Coast grew by 1.9% and to the US West Coast by 2.0%.
Chief Shipping Analyst at BIMCO, Peter Sand, says: “It is encouraging that both of China’s key trading partners have increased their demand. It’s a very positive sign for shipping that demand is growing briskly, even if the macroeconomic headwinds have not entirely disappeared”.
In its July update of the World Economic Outlook, the International Monetary Fund (IMF) reduced its forecast for global GDP growth by 0.3% to 3.4%. The weak first quarter in the US was to blame for most of it. Import data mirrored this weakness in activity. The second quarter on the other hand has been strong in the US – in turn that also meant stronger demand for imported containerized goods from China.
“Europe is still in recovery-mode on the macroeconomic level, but the increase in demand for imported containerized goods proves that private consumption is strengthening. Improvements to global trade, catalysed by the shipping industry, paves the way forward towards higher prosperity and economic growth everywhere”, adds Peter Sand.
Source: BIMCO / Hellenic Shipping
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Friday, 22 August 14
U.S WEEKLY COAL PRODUCTION UP 2.4% WEEK OVER WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.60 million short tons (mmst) of coal in ...
Thursday, 21 August 14
PREDICTIONS FROM VARIOUS SHIPPERS AND MINING INDUSTRY FOR 2ND HALF YEAR AND ESPECIALLY Q4 IS POSITIVE
Handy
The activity has increased in both hemispheres this week and we see rates edging up on all trades. TA´s are now paying around 8k whic ...
Thursday, 21 August 14
SHIP OWNERS KEEP SHYING AWAY FOR NEW SHIP INVESTMENTS, OVERALL TREND IS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have remained in the sidelines of the Sale & Purchasing market for second hand vessels, during most of August, while they also slow ...
Wednesday, 20 August 14
DRY BULK MARKET TO REBOUND IN THE FOURTH QUARTER, OR NOT....- NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The projected rebound of the dry bulk market is still an elusive trend and shipbrokers and analysts are looking to identify the timing of the loomi ...
Monday, 18 August 14
CAPESIZE RATES TO RISE TO MUCH HIGHER LEVELS THIS YEAR - JEFFREY LANDSBERG
COALspot.com: Capesize rates ended last week at $15,561/day, which marked a week-on-week increase of $6,167 (66%). Capesize rates have been a ...
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- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Minerals Council of Australia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Indian Energy Exchange, India
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