We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 24 April 15
IS INDIA THE 'NEW CHINA' WHEN IT COMES TO THE DRY BULK MARKET? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The dry bulk market has been feeling the “heat” of China’s slowdown and together with the industry’s own failings, with oversupply plaguing the sector, has witnessed earnings drop to histocical lows. As such, with China’s nnual economic growth rate slowing down to a six-year low of 7pct in the first quarter, while at the same time many believe that even this is not giving a true picture of the slowdown, pressure and concerns continue to mount as to the prospects of the market this year.
However, according to Mr. George Lazaridis, Head of Market Research & Asset Valuations with shipbroker Allied Shipbroking, “yet this seems to be only half the picture investors are looking at. At the same time as the Chinese economy starts to get to grips with this new reality, Narendra Modi, India’s Prime Minister has been making ground breaking progress to push India’s economy to the top podium position in terms of annual GDP growth. During the past week he has been meeting with Australia’s Prime Minister, Tony Abbott, to strike a compelling deal which would promote further trade in dry bulk commodities such as iron ore and coal. This deal comes at a point were India’s Economy is already expected to expand by more than China’s for the first time since 1999″.
According to Lazaridis, despite the above, “many in the industry remain unconvinced as to the extent that India could dethrone the current Champion amongst the BRIICS and take leading role in reinvigorating the global economy. The reality is, that in order to accomplish this India must do much more than just momentarily surpass China in terms of economic growth. India’s govern-ment is still plagued by corruption and bad organization, while a lack of central govern-ment planning in the style of China, makes it all the more difficult to properly direct development efforts and achieve the high goals needed to direct a complete restructur-ing and long term growth trajectory. Yet even without these it is proving to push for a significant role in trade which is likely to expand over the next couple of years and while it might not surpass the Chinese economy in this decade (or the next) it is starting to shape up and become a serious contender that could inevitably lead to yet another fast paced global commodities rally in order to feed its growth needs”, he noted.
According to Allied’s analyst, “at the same time much is to be said about the recent critics regarding China’s figures as well. It may well be certain that the current figures point to troubles ahead for the re-mainder of 2015, but looking deeper into what makes up these figures, you can note that economic growth has started to become more reliant on internal consumer spend-ing rather than just mere investment. This means that its economy is maturing, becom-ing more self-reliant rather than only export oriented and making it in turn more sus-tainable in the long-run”.
He went on to note that “at the same time the much anticipated switch from a cheap “copy-cat” producer over to a research and innovation producer means that it is start-ing to take the next step in its development cycle similar to what Japan and S. Korea had done back in the 80’s and 90’s. Nevertheless, the Chinese government does not seem to be willing to sit back, relax and rely on only this to keep its internal engine go-ing. Yesterday, China’s central bank announced that it has lowered the reserve-requirement ratio of banks by a further 1 percentage point, which according to esti-mates should free up around 194 billion U.S. dollars to boost lending further”.
Concluding his analysis, Lazaridis pointed out that “all these are positive signs, but they seem to be a more long-term effect with likely out-comes to be more evident to the shipping markets within 2016 rather than during the course of this year. Even so, what must be taken out of all of this is that the troubled pace isn’t looking likely to last too long”.
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 01 April 15
SUPRAMAX & HANDY: RATES HELD STEADY TOWARDS THE WEEKEND
“Despite the fact that the Dry Bulk market closed off on the green last week, sentiment didn't improve by any means, not only because of ...
Wednesday, 01 April 15
WEEKLY SHIPPING MARKET UPDATE - INTERMODAL
There is no doubt that we are still witnessing a very challenging and at the same time very uncertain market, both with respect to dry chartering a ...
Wednesday, 01 April 15
Q4' 15 INDONESIA COAL SWAP CLOSED AT $45.15 W/E 27 MARCH 2015
COALspot.com: Indonesian coal swap for delivery Q2' 2015 drops month on month and week over week.
The Q2 swap declined US$ 1.54 (3.24%) mo ...
Tuesday, 31 March 15
RICHARDS BAY COAL SWAPS GAIN WEEK OVER WEEK
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month but increased week on week.
The Q2 swap has ...
Monday, 30 March 15
WORST IS OVER FOR THE DRY BULK MARKET, BUT THE PAIN WILL REMAIN FOR YEARS TO COME, SAYS BIMCO CHIEF ANALYST - HELLENIC SHIPPING
The current demise of the dry bulk market isn’t one to go away anytime soon. That doesn’t mean that it can’t improve, with all sh ...
|
|
|
Showing 3096 to 3100 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Australian Coal Association
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
|
| |
| |
|
