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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, 29 April 16
U.S. COAL IMPORTS IN Q4' 15 DECLINED TO 2.7 MMST FROM 3 MMST IN Q3' 15
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.3 million short tons (mm ...
Thursday, 28 April 16
PRICES OF POWER-STATION COAL IN INDONESIA IS INCREASING
COALspot.com: Inquiries for Indonesian 4200 - 4400 Kcal/kg GAR thermal coal cargoes from India suddenly increase recent days.
A Jakarta-based ...
Thursday, 28 April 16
KOMIPO TO IMPORT 710K MT OF BITUMINOUS COAL DURING JULY - SEPTEMBER 2016
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 710,000 Metric Tons of Bituminous Coal for its B ...
Thursday, 28 April 16
CAPE: BIT MORE OPTIMISM IN THE MARKET; SUPRAMAX: FORWARD CURVE IS FALLING - FEARNLEYS
Cape
A bit of a slower week. Activity level has dropped, though the rates do still remain firm, says Fearnleys in its latest weekly report.
...
Wednesday, 27 April 16
THE OCEAN SHIPPING EXPERIENCED DRAMATIC VOLATILITY IN THE BEGINNING OF 2016 - PANOS TSILINGIRIS
Shipping’s new (ab)normal
The global economy and ocean shipping experienced dramatic volatility in the beginning of 2016 and as the glob ...
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- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- White Energy Company Limited
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Planning Commission, India
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
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