We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 07 January 16
SHIPPING WILL REMAIN VOLATILE AND INDISPENSABLE IN 2016 - MOORE STEPHENS
 The ultimate definition of an optimist has been characterised as an accordion player with an answerphone. Such extreme optimism might be difficult to find in shipping today, but the portents for 2016 are not all bad.
The Baltic Dry Index, a measure of shipping rates for everything from pins to elephants, dropped to an all-time low in December last year, and has fallen still further this month. Most people blamed this on China for not consuming as much of anything as it did previously. Nevertheless, the dry bulk sector will probably have to reduce the newbuilding orderbook and increase ship recycling in 2016 in order to restore the balance.
The same is true of the container ship sector, where reducing capacity is seen as the best way to drive up rates. CMA CGM’s move to buy NOL, meanwhile, although subject to regulatory approval, is an indication of further consolidation. It would be no surprise to see more still in 2016.
By comparison, the tanker markets enjoyed a stronger year in 2015, not least because of falling oil prices. In contrast, this has presented major challenges in the offshore maritime space. Some experts are predicting a slide to $20 a barrel in 2016, which may be just as well since a recent decision of the English High Court left a shipowner claiming that it had been asked to pay twice for the same fuel from bankrupt OW Bunkers. In 2016, owners will be monitoring a possible appeal against this decision to the Supreme Court, while keeping an eye on disputes elsewhere.
Shipping will remain volatile and uncertain throughout 2016. Operating costs will go up, as will the cost of regulation – for example, implementation of the Ballast Water Management Convention. The threat from cyber security will rise. Interest in refinancing, as a means of getting cash out of the business, is likely to increase, as are calls for accelerated ship recycling and a cap on newbuildings. The effect of geopolitical developments should not be under-estimated, while speculation about the UK’s planned Brexit referendum in 2017 will add spice to the pot.
Now is nevertheless a good time to invest if you have access to finance and a credible business plan, preferably one with the badge of green approval. It is no coincidence that IMO recently endorsed a proposal to adopt ‘Shipping: Indispensable to the World’ as the theme for World Maritime Day 2016. You don’t need to be an accordion player to take heart from that.
Source: Moore Stephens | Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 08 December 15
HOW TO MITIGATE LEGAL RISKS WHEN PURCHASING BUNKERS - LESSONS LEARNED FROM THE OW BUNKER COLLAPSE - THE SWEDISH CLUB
KNOWLEDGE TO ELEVATE
About a year has passed since OW Bunker & Trading A/S filed for bankruptcy. The collapse shows that there are signifi ...
Monday, 07 December 15
5000 GAR CS (I) COAL INDEX REMAIN THE SAME OVER LAST WEEK
COALspot.com: The 5000 GAR CS (i) coal index remain the same over last week.
According to the CS (i) coal (system generated) index, the CS 50 ...
Monday, 07 December 15
COAL DEMAND IN 2016 FAILS TO SUPPORT PRICES; CFR SOUTH CHINA COAL SWAPS SEEN AT $US 42 A TON
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 1.70 (3.88%) per ton month over month.
A commodity swap ...
Sunday, 06 December 15
THE BDI DECLINED BY 3.09 PERCENT TO 563 POINTS ON 4 DECEMBER
COALspot.com: The BDI declined by 3.09 percent to 563 points on 4 December 2015.
The Cape index was also declined by 10.01 percent to 890 poin ...
Sunday, 06 December 15
DRY BULK MARKET ON REVERSE MODE, SET TO BREAK NEW ALL-TIME LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been the negative “star” of the shipping industry for quite some time. In fact if it wasn’t for the boomi ...
|
|
|
Showing 2666 to 2670 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- The University of Queensland
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Australian Coal Association
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Attock Cement Pakistan Limited
|
| |
| |
|
