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Thursday, 17 November 16
FROTHY THERMAL COAL PRICES POINT TO DOWNSIDE PRESSURES IN 2017 - FITCH
 Fitch Ratings says in an Outlook Report that the Asian thermal coal industry will remain under pressure in 2017 due to more-than-adequate capacity and price adjustments that are likely to be downward. The strong pricing rebound since early 2016 is unlikely to be sustained as the Chinese government relaxes its working-day curtailment policies to manage prices.
According to Fitch, supply-demand dynamics remain on soft ground, as China eliminated only 152 million tonnes of excess capacity in 8M16, compared with 600 million tonnes of capacity seeking production approval and another 800 million tonnes under construction. Meanwhile, India is ramping up domestic supply aggressively to enhance energy security and reduce current account deficits, while domestic demand growth has been lacklustre.
Fitch further said, the Chinese government has relaxed its supply controls since September to prevent runaway coal prices from delaying capacity rationalisation. Recent policies reveal Beijing's wish to keep the 5,500kcal/kg coal prices below CNY460/tonne, versus CNY607/tonne as of end-October. Fitch believes the government has ample measures to curb prices, given sufficient capacity to serve stagnant demand. The depreciation of the Chinese yuan against the US dollar can also have a negative effect on import demand and seaborne prices in dollar terms.
Fitch says, Indonesian coal producers focusing on the export market are likely to suffer the most as their largest buyer - India - experiences weak thermal power generation, curbs coal imports, and increases utilisation of higher-rank Australian and South African coal.
The recent appreciation in thermal coal prices will prop up the operating cash generation of Asian coal producers; however, the price outlook remains uncertain and challenging, Fitch concluded.
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Thursday, 16 February 17
IF I PLAN TO UNDERTAKE A CHARTERPARTY WITH AN UNFAMILIAR ENTITY, WHAT STEPS CAN I TAKE TO ENSURE THE CHARTERER WILL PAY THEIR HIRE? - SHIPOWNERS' CLUB
KNOWLEDGE TO ELEVATE
Due to the difficult conditions currently existing in the shipping market, particularly in the offshore sector, Members a ...
Wednesday, 15 February 17
SHIPPING MARKET INSIGHT - INTERMODAL
Looking at the state of the Dry Bulk market exactly a year ago, there is no doubt that there is a significant improvement and despite the fact that ...
Tuesday, 14 February 17
OPTIMISM HAS STARTED TO SLOWLY FLOW BACK INTO THE DRY BULK MARKET - GEORGE LAZARIDIS
Optimism has started to slowly flow back into the dry bulk market, with many in the market showing renewed optimism as the Pacific basin starts to ...
Monday, 13 February 17
COMBINED COAL SALES OF BUMI RESOURCES ROSE TO 87.7 MILLION TONS IN FY'16; UP 10.6 PERCENT Y/Y
COALspot.com: Combined Coal Sales of Bumi Resources rose to 87.7 million tons in FY’16 compared with 79.3 million tons in FY’15. ...
Monday, 13 February 17
THE FREIGHT MARKET CONTINUED TO TUMBLE IN FEBRUARY
COALspot.com: The Freight market was continued its downfall in all segments except Panamax for the week ending 10 February 2017.
The Balt ...
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- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Goldman Sachs - Singapore
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Australian Coal Association
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Eastern Energy - Thailand
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- The University of Queensland
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
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