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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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Monday, 18 August 14
SUB-BIT FOB INDONESIA COAL SWAP CLOSED AT $58.60 FOR SEPTEMBER 2015; UP $4 FROM SEPTEMBER 2014 CLOSING
COALspot.com: Indonesian coal swaps for average September 2014 decreased US$ 0.15 (-0.27%) day on day and US$ 0.75 (-1.36%) per mt week on week. Th ...
Monday, 18 August 14
CFR SOUTH CHINA COAL SWAP PERFORMED WELL THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in September 2014 increased US$ 0.45 (+0.66%) day on day and US$ 0.30 (+0.44%)&nbs ...
Saturday, 16 August 14
HIGH DEMAND OF IRON ORE SHIPMENTS PUSHED CAPE INDEX UPWARDS
COALspot.com: This week's freight market was buoyant with Cape and panamax index seeing a big jump pushing the BDI above 1,000 points week on c ...
Friday, 15 August 14
5TH ANNUAL POWER AND ELECTRICITY INDONESIA
5TH ANNUAL POWER AND ELECTRICITY INDONESIA
13-16 October 2014
Grand Hyatt Jakarta, Indonesia
Web Site
The country’s definitive ...
Thursday, 14 August 14
U.S. STEAM COAL IMPORTS REMAIN DOWN SHARPLY FROM HISTORIC HIGH IN 2007, SAYS EIA
COALspot.com: U.S. steam coal imports at power plants have fallen significantly from their peak level of more than 30 million tons in 2007 to less ...
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- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
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