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Tuesday, 29 August 17
WEEKLY SHIPPING MARKET ANALYSIS - ALLIED
 In the aftermath of Hurricane Harvey, one of the worst disasters to hit Texas, we are now looking to get a clearer picture of the possible disruptions the extensive flooding may have brought down with it. Days before the hurricane hit the US coast we were already hearing of an anticipation of strong short-term effects to descend on the crude oil and oil products markets, says George Lazaridis Head of Market Research & Asset Valuations of Allied shipping.
According to George Lazaridis, the downward pressure on crude oil was already being witnessed days in advance, with the closure of 10 key refineries in the Gulf Coast with a capacity to refine about 2 million barrels of oil a day and accounting for 11% of the U.S. total refining capacity. Outages were not limited to just oil refineries with a 10% of oil production from the U.S. Gulf of Mexico being taken out of active operation (around 150,000 barrels per day) along with a number of inland crude oil producers (around 1.4 million barrels per day from the Eagle Ford shale basin) and closing ports all along the Texas coast. The extent of the total damages recorded will take days to properly assess, however as things stand now the temporary disruptions have already caused significant affects on the market.
The Allied weekly shipping report further noted that, the biggest gains so far have been noted in the oil products markets, with the significant cuts in output bringing in a higher demand for commodities such as gasoline (with gasoline futures jumping as much as 7% reaching their highest level in more than two years) as the drop in supply has left many to scramble for new sources. The Continent has already started to note an upsurge in demand and created a respective kick-up in freight rates in the region. Product tankers have already started to see a significant amount of strengthening and given that these disruptions are likely to push for longer haul trades to strengthen it should also boost the overall supply/demand balance.
George Lazaridis, in his weekly report further said, things have not been as positive in the crude oil trade, with the closure of refineries in the U.S. has also caused a drop in demand for shipments of crude oil. The slight positive gains having been noted in terms of prices for crude oil can mainly be attributed to the cutting back in production, though if this is to show face in the shipping markets it will likely take the form of improved seaborne trade at a latter point in the year as the U.S. looks to restock any strategic reserves it decides to use up during the next couple of weeks. For the moment it seems as though the September program for most main exporting regions has remained stable and has shown little appetite for change, leaving crude oil tankers still struggling with the relatively sub-par rates that are being seen in the market now.
The disruption in port operations has also been the cause for the subdued activity being seen in the region over the past couple of days, while it has also taken out some fixing volume from other regions as charterers take a wait and see stance before placing any new orders they may had planned beforehand. The closure of ports surely was the cause for large delays in operations, causing, in turn, a percentage of the fleet for several sectors to be taken out of action.
Given that the hurricane is still causing disruption on the U.S. coast, it is still too early to tell the final influence this major natural disaster will play on the market, George Lazaridis, concluded in his report.
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Tuesday, 05 September 17
COAL: A STRONG MOVEMENT IN THE COAL MARKET OVER THE SUMMER MONTHS - GEORGE LAZARIDIS
We have been witnessing a strong movement in the coal market over the summer months something that has not only helped boost prices for the commodi ...
Friday, 01 September 17
U.S COAL OUTPUT DIPS WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 31 August 17
SUPRAMAX: INDO TO CHINA COAL TRIPS AT AROUND $9000, DELIVERY THAILAND - FEARNLEYS
Supramax
A bit slow start to the week with UK holidays on Monday. Still strong rates for cargoes out of Black Sea, where front hauls where done $ ...
Tuesday, 29 August 17
U.S WEEKLY COAL OUT UP 3.4% WEEK OVER WEEK TO APPROX. 17 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tonne ...
Thursday, 24 August 17
SUPRAMAX: LOW $10K FOR INDO COAL TRIPS TO INDIA; AROUND $10K FOR INDO TO CHINA TRIPS - FEARNLEYS
Supramax
This week Supras from the Black Sea on fhaul have seen numerous orders and improving rates.
53-57k dwt vessels have been fixed at e ...
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Showing 1956 to 1960 news of total 6871 |
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- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Planning Commission, India
- CNBM International Corporation - China
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
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