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Tuesday, 21 February 17
CHINESE EXPORTS SHOWED A YEAR-ON-YEAR RISE FOR THE FIRST TIME IN TEN MONTHS; S. KOREA'S EXPORTS UP FOR PAST THREE MONTHS IN A ROW - GEORGE LAZARIDIS
 We have started to some sparks of life in the commodities markets these past weeks, with prices having shown a strong push during the past couple of days especially for iron ore. This has been in line with the restart of the main trade growth engines of the Far East which have started to gain “steam”, said Head of Market Research & Asset Valuations of Allied Shipping in his weekly report.
According to George Lazaridis, Head of Market Research & Asset Valuations of Allied Shipping, Chinese exports showed a year-on-year rise for the first time in ten months, while S. Korea has been showing increased figures in exports for the past three months in a row. This is not just limited to these two players in the region, with strong exports being in the works for Japan, Singapore and Taiwan. It seems as though the Far East’s manufacturing power houses have started to regain their strength, pulling in with them several commodities and possibly paving the route for increased demand for trade as other countries in the region start to slowly take up the role of low-end manufacturing hubs. This in combination with a more optimistic views on the global economic growth figures for this year and it seems as though the slowly growing optimism in the markets is gaining pace.
George Lazaridis further noted that, the Trump effect however still looms in the background, providing good reason for most to keep a restrain on optimism. Most of these increases in trade in the Far East are boosted by the high-tech industry and although consumer confidence seems to be in better shape than it has been during the course of the past couple of years, any strains that start emerge between nations and any increase in tariffs could dampen the positive gains. The U.S. is still an underlining risk in this regard as it threatens to close of its borders through increased tariffs. This is not just limited to end consumer products but leaves a risk in several commodities. In reference to this latter point, it is worth mentioning that although it will be hard to create a real alternative for all this raw resources the U.S. imports, any increase in tariffs will surely hurt consumers within the U.S. while any decreases in the purchasing power could easily erase any growth in trade that would be hoped for.
According to George Lazaridis for the moment however, we seem to be seeing a more optimistic side to the market. Trading of the steel industries main ingredient rose by 7 per cent, reaching their highest level since 2013. At the same time, seaborne trade coal has seen good news pile on, with the recent announcement by China of a ban on coal imports from North Korea leaving many local steel mills to scramble in order to find alternative supplies (many of which will likely by from sources further away). All this will help further boost the freight market in the Pacific, which since the early part of February has already shown positive signs and strong activity levels. The problem at the moment however,has been the slower feel of the Atlantic which has starved the overall dry bulk markets from support that could help easily drive a fair rally. Nevertheless, if activity in the Pacific manages to hold off at such strong levels during the remainder of the first quarter and even through onto the second quarter of 2017, the market should start to show some fairly strong levels once the grain season in the Atlantic goes into full swing.
For the moment it seems that we have a lot of favourable winds moving in the dry bulk market’s direction. A lot is riding on how well the Asian powerhouses will be able to feed off their own gains and show greater self-reliance rather than being as dependent as they have been in the past to the purchasing power of consumers in the U.S. and Europe, he concluded in his weekly report.
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Tuesday, 21 February 17
CHINA SUSPENDS COAL IMPORTS FROM NORTH KOREA FROM 19 FEB
COALspot.com: China is suspended coal imports from North Korea until December 2017. China says it will suspend all imports of coal from North Korea ...
Monday, 20 February 17
OCEAN FREIGHT RATES SLIGHTLY UP WEEK OVER WEEK
COALspot.com: The Freight market was firmed up this past week. The Panamax segment was declined for the week ending 17 February 2017.
The Balt ...
Friday, 17 February 17
U.S. COAL PRODUCTION SLIPS SLIGHTLY WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million sh ...
Thursday, 16 February 17
CAPE MARKET HAVE EXPERIENCED A STRONG DOWNTURN - FEARNLEYS
Supramax
Market has shifted sides from Atlantic to Pacific, where Atlantic is now lagging behind with little action and sliding indices, notably ...
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 ...
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- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Planning Commission, India
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Australian Coal Association
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
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