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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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Thursday, 14 August 14
INDIA'S PLAN TO START AN INFRASTRUCTURE BOOM AND TO INVEST US$ 1 TRILLION BY 2017 WILL SURELY AFFECT THE DRY BULK TRADE - FEARNLEYS
Handy
The Atlantic Supra market has continued its improving sentiment with rates climbing and TA´s are now up about US$ 900 w-o-w, said Fea ...
Wednesday, 13 August 14
WEEKLY MARKET INSIGHT - KONSTANTINOS KONTOMICHIS SNP BROKER
Being at the peak of the holiday season, August is, as usual, the quietest month in terms of snp transactions, yet it is also a time very critical ...
Wednesday, 13 August 14
WHAT DOES PROJECT CARGO REALLY MEAN TO INSURERS?
KNOWLEDGE TO ELEVATE
Richard Kamppari-Baker, claims manager of FP Marine Risks, explains the challenges of project cargo risk assessment from ...
Wednesday, 13 August 14
INDONESIAN COAL PRICE REFERENCE FALL AGAIN CLOSE TO 57 MONTHS LOWS
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price in August. HBA for the month of A ...
Monday, 11 August 14
INDONESIAN THERMAL COAL SWAPS SEEING SOME POSITIVE TREND
COALspot.com: Indonesian coal swaps for average September 2014 increased US$ 0.20 (+0.36%) day on day and US$ 1.30 (+2.41%) per mt week on week. Th ...
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- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Videocon Industries ltd - India
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