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Friday, 18 March 16
OUTLOOK ON GLOBAL SHIPPING SECTOR TURNS NEGATIVE AS SUPPLY-DEMAND GAP WIDENS AND EBITDA DECLINES - MOODY'S
 Moody’s Investors Service (Moody’s) has changed its outlook on the global shipping sector to negative as it expects supply growth to outpace demand growth in 2016 by more than 2%, suppressing freight rates, particularly in the dry bulk and containership segments. The outlook for the tanker segment remains stable as low crude oil prices will continue to boost demand for tankers.
“Even though the tanker segment continues to perform strongly, we expect the supply-demand gap for the industry overall to exceed 2% in 2016, and possibly into 2017, as large new vessel deliveries coincide with subdued demand for dry bulk and container ships,” says Marie Fischer-Sabatie, a Moody’s Senior Vice President and author of the report. China’s slowdown is weighing on demand for commodities, such as coal and iron ore, which in turn affects dry bulk seaborne transportation demand.
On the back of weaker freight rates in the dry bulk and containership segments, Moody’s now forecasts a low single-digit percentage decline in aggregate EBITDA for the rated shipping companies in 2016, versus growth in the low single-digits in its previous forecast late last year.
While fuel prices, which make up a large cost item for container shipping companies, have continued to fall over the past six months, the benefits to the container shipping segment will fade somewhat in 2016 because they have already passed lower fuel costs on to their customers via reduced freight rates, limiting the upside.
Moody’s report, titled “Outlook Update: Shipping — Global: Weakness in Dry Bulk, Container Segments Drives Outlook Change to Negative”, is available on www.moodys.com.
Source: Moody’s | Hellenic Shipping News
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Friday, 06 May 16
U.S. WEEKLY COAL PRODUCTION UP 9 PERCENT W/W; DOWN 35.3 PERCENT Y/Y - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.3 million short to ...
Thursday, 05 May 16
DRY BULK MARKET ON REVERSE MODE, AS HOLIDAYS AROUND THE WORLD HURT DEMAND - HELLENIC SHIPPING NEWS
The dry bulk market’s recent rally has been put on a temporary hold, as various holidays around the world have put a stop in it. In its lates ...
Wednesday, 04 May 16
COAL IMPORTS: A VOLATILE MATTER OR STILL POWERING DOWN? - CLARKSONS
Chinese coal imports decreased significantly in 2014-15, and so far in 2016 the pace of decline appears to have slowed, with imports even recording ...
Wednesday, 04 May 16
IS THE DRY BULK MARKET OUT OF THE WOODS YET, OR NOT? - HELLENIC SHIPPING NEWS
Things are beginning to brighten up in the beleaguered dry bulk market, which is riding on a multi-week rally to find itself around the “psyc ...
Wednesday, 04 May 16
POWER - WEEK: REAL EXAMPLES AND CASE STUDIES
POWER WEEK
7 - 11 November 2016, PARKROYAL on Beach Road Hotel, Singapore
www.power-week.com
Overview
Designed for the global e ...
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- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Planning Commission, India
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
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