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Tuesday, 17 May 16
CHINA THERMAL-POWER OVERSUPPLY TO WORSEN - FITCH
 COALspot.com: The overcapacity in thermal-power generation in China is likely to worsen in 2016 to 2017, Fitch Ratings says in a new report.
Fitch believes China's electricity producers are likely to keep adding thermal-power capacity between now and end-2017 - undeterred by five straight years of sliding utilization rates and despite Beijing's support of facilities that run on cleaner fuels - as falling coal costs and favorable on-grid tariff rates keep profitability high.
According to Fitch, annual fixed-asset investment (FAI) into thermal power sources increased by 1%, 13% and 22% in 2013, 2014 and 2015, respectively. Despite Beijing's recent attempts to curb over-investment, the projects that have started construction are likely to be completed in the next two years.
Fitch expects investment returns in the thermal-power sector to remain generally robust in the short term even though plants are operating at lower utilization rates and on-grid tariffs were cut at end-2015. This is largely because the sector can still enjoys a healthy dark spread - the difference between the on-grid power tariff and unit generation fuel cost - especially after the government revised the coal-electricity linkage pricing mechanism in late 2015.
However in the longer run, severe overcapacity, without tariff controls by the government, could cause competition that hurts returns. Individual independent power producers' performances will start to diverge based on asset quality and location. The extent of thermal-power overcapacity will become clearer when the central government unveils details of the 13th Five-Year Plan (2016-2020) for the sector in 2016 or 2017.
Fitch believes that China will take further measures to rein in investments in the sector.
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Thursday, 28 July 16
FITCH RAISES CORPORATE OIL PRICE ASSUMPTION FOR 2016 TO USD42
Fitch Ratings has raised the 2016 oil price assumptions it uses when rating energy-sector corporates, but expects record high inventories to slow a ...
Thursday, 28 July 16
LAST WEEK ENDING UP WITH BUSIER TONES FOR SUPRAMAXES NOW COOLING DOWN - FEARNLEYS
Supramax
Last week ending up with busier tones for Supramaxes now cooling down as with index being down to 684. Average daily earnings for Supram ...
Wednesday, 27 July 16
RATES FOR THE SMALLER SIZES OVER-PERFORMED THE MARKET LAST WEEK - INTERMODAL
The decline the BDI noted last week was somewhat expected given the fact that the market has been overall firming for almost a month no ...
Wednesday, 27 July 16
GLOBAL OIL SUPPLY IS EXPECTED TO REMAIN HIGHER THAN GLOBAL CONSUMPTION IN 2016 - CHRISTOPHER WHITTY
Global oil supply is expected to remain higher than global consumption in 2016, keeping oil prices at relatively low levels this summer compared wi ...
Tuesday, 26 July 16
NORTH P&I CLUB EXPLAINS HOW TO AVOID CLAIMS FOR SELF-COOKING SOYA BEANS
KNOWLEDGE TO ELEVATE
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they ...
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- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- White Energy Company Limited
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Central Electricity Authority - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- The University of Queensland
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
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