We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 25 January 17
MARKET INSIGHT - KONSTANTINOS KAKAVITSAS
 Remember that old but classic song called “Destination Unknown”? Well that is where the oil market is heading right now. The song made a splash with a catchy beat and a noticeable video clip reaching the top of the charts. The oil market on the other hand, may attract attention however, whether it will head for higher or lower levels remains very uncertain.
As far as the performance of the crude oil price is concerned, the signals we are getting are so far mixed, with discouraging fundamentals and optimistic headlines equally affecting prices. Both OPEC and Non-OPEC countries have agreed a production cut as a way to deal with the global oil glut and low prices, which resulted in the Brent blend rallying from $46/bbl to a peak of $57/bbl on 6th January, while it’s currently trading around $55/bbl. So far, so good for the big boys of oil but what about the long-term sustainability of these higher price levels?
Russia’s production reached record highs in December and the second-biggest oil producer seemed very happy at this year’s World Economic Forum not only due to their large oil-driven revenues so far, but also due to positive expectations deriving from the new US president who suggests to ease or even remove sanctions imposed on Russia. Even though Russia’s production plays a significant role, the bigger determinant leading to the persistence of the glut could be US shale oil producers. With notably more operating costs and thus a higher breakeven than other oil extractors, most of shale drillers had shut-down production during lower prices only to come back into profitable business at current levels. Finally, taking into consideration the fact that the US dollar has strengthened, hitting a 14-year high during December, pressure for lower price levels grow stronger.
Keeping this insight melodic, you might recall the lyrics of another popular song of the 90s; “Hello, hello, hello, how low?”. Could this be the tune for the tanker market in 2017? The dominant common factor for both the dirty and clean market is the large number of newbuilding deliveries that could potentially lead to lower freight rates. Saying that, as in the short-run tonnage supply will not significantly change; demand is expected to primarily drive the market in the following months. In the dirty sector, lower oil prices may drive demand for ships higher however; those already excessive inventories could be an obstacle to such rally. The outlook for product tankers falls no further from the mixed-signal environment the dirty market operates in, with the LR market seeing a record-high in vessel deliveries. Greater diversification with respect to trade routes and cargoes, especially in the MR market allow for wider range projections; still forecasts for demand growth for petroleum products making any prediction for the freight market challenging.
In conclusion, well, is there any yet? Amidst mixed fundamentals it would be careless to prematurely jump to any conclusions, as market sentiment has proved to be not only an unpredictable factor but also an influential one. Under the current state of uncertainty, it is still unclear whether the bears will prevail or the bulls will be justified and thus the only safe conclusion that can be reached is nicely summed-up in the title of another pop music hit called “Blank Space”.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 04 August 17
U.S. WEEKLY COAL OUTPUT UP 4.4% W/W - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 16.1 million short tonn ...
Friday, 04 August 17
IMPORTED COAL CONTINUES TO BE A COMPETITIVE, SAFE AND RELIABLE ENERGY SOURCE FOR GERMANY - VDKI
COALspot.com: Worldwide hard coal production in 2016 declined by 3.8% to 6.7 billion tonnes.
According to the Germany Coal Importers Associati ...
Thursday, 03 August 17
SUPRAMAX: INDO TO CHINA COAL ROUNDS ARE GETTING FIXED AROUND MID $8000 - FEARNLEYS
In the Pacific rates have remained weak and under pressure this week with most routes softening.
Indo/China coal rounds are getting fixed arou ...
Thursday, 03 August 17
BUMI RESOURCES COAL SALES RELATIVELY FLAT AT 41.5 MILLION TONS IN 1H' 17; REPORTS US$162.3 MILLION PROFIT IN FIRST SEMESTER
COALspot.com: The BUMI Resources, Indonesia’s one of the largest coal producer, has reported a net income of $162.3 million in 1H’ 17 c ...
Wednesday, 02 August 17
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
During the duration of the first half of the year, the dry bulk market saw intense buying interest that boosted SnP prices significantly. We saw a ...
|
|
|
Showing 1986 to 1990 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- White Energy Company Limited
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Planning Commission, India
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
|
| |
| |
|
