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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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Wednesday, 29 June 16
THE DRY BULK INDICES, OPPOSITE TO MOST GLOBAL MARKET INDICES, ROSE END OF LAST WEEK
Last week closed off with a massive shockwave for markets across the world following the British referendum, the result of which will mark the begi ...
Tuesday, 28 June 16
WEEKLY CS COAL INDICES ROSE ON RENEWED DEMAND FROM CHINA
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up by 0.66 percent week over week to averaging $39.65 per ton this past week, sh ...
Tuesday, 28 June 16
CHINA'S IRON ORE IMPORTS: HOW MUCH MORE WORK FOR CAPES? - CLARKSONS
Chinese iron ore imports account for around two thirds of global seaborne iron ore shipments, making it the key driver of Capesize employment. Whil ...
Monday, 27 June 16
LATEST NEWS ON BIMCO'S CONTRACTS AND CLAUSES
BIMCO is currently updating several of its most widely used charter parties including SUPPLYTIME and BARECON. New developments include the Standard ...
Monday, 27 June 16
BREXIT RESULT COULD SEE UK FACING AN EXODUS OF MARITIME TALENT - FASTSTREAM
The UK’s decision to leave the EU has the potential to drive many of its maritime employees away, according to the results of a survey issued ...
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- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- White Energy Company Limited
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Marubeni Corporation - India
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
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