We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 20 March 18
SHIPPING MARKET ANALYSIS - GEORGE LAZARIDIS
 It has been a chilling start to the week for the global economy, with the vast majority of stock exchanges noting a fair drop, after a series of sell offs in the technology sector.
According to George Lazaridis, Head of Research & Valuations of Allied Shipping, at the face of it, it may well sound as if this is something restricted to an industry which is disconnected in its most part from the shipping industry. However, in part these tremors being noted in the form of price drops in equities are tied in part to the overall friction being seen in global trade. It has been just over two weeks since US President Donald Trump announced import tariffs on steel and aluminum, and the geopolitical aftershocks are still being felt. The period just after the announcement seems to be mainly characterized by a number of countries, including but not limited to Australia, the European Union and Japan, pushing to win exemptions from these newly announced tariffs. Yet, things seem to be taking a darker tone now, with a number of these countries now vowing to act through reprisal levies and tariffs on US imports.
George Lazaridis further noted that, as an overall read-through, the main note that most of us in shipping have taken is that these current tariffs have a limited direct effect on shipping markets. China, which is the leading producer of both these commodities has a minute share in the overall imports entering the US, despite the fact that the US President has focused on China in his usual populist rhetoric with regards to trade. China’s exports of steel and aluminum to the US amount to only just 0.03% of its GDP, while it only makes up around 4% of total steel imports into the US. The biggest threat has been to the US market’s main suppliers, which are the European Union, Canada, S. Korea, Mexico, Brazil and Japan, with Canada and Mexico having for the moment escaped the current levies as part of the ongoing negotiations with regards to the NAFTA trade agreement.
George Lazaridis Allied noted that, the majority of the rest seem to be taking the option of retaliatory levies quite seriously, while despite China being relatively unaffected for the time being, they have also joined in the general discussion proactively, possibly taking this opportunity to proclaim themselves as defenders of free trade.
The risk of a wider trade war sparking off does lay in the realm of possibility right now, yet even if things were to escalate to such a level, the negative effects on shipping would most likely come in the form of gradual waves. Under such a scenario we would likely see most retaliatory tariffs and levies being placed on finished final goods, possibly causing a disturbance on the containership market first and limited to mainly this sector in the initial phase. It would take a while before we would see a gradual slump emerge on the demand for raw materials, as the overall slump in global demand for finished products would slowly push purchasing managers to cut back their requirements.
This all sounds like a dire scenario indeed and most would be in angst as to the actual probability of such a series of events pulling through, especially given that we have only just started to see a favourable environment emerge in terms of global trade. The general thought and hope for the time being is that to some degree the US President will back down having been brought to his senses in a similar fashion to how back in the early 2000’s George W Bush eventually backed down on his protectionist steel-tariff plan. Lets hope things aren’t taken too far too quickly and we miss the point of no return.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 27 February 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES DOWN - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Saturday, 27 February 21
FITCH RATINGS REVISES GLOBAL METALS AND MINING PRICE ASSUMPTIONS
Fitch Ratings has revised some of its metals and mining price assumptions as prices for many commodities will benefit in the short term from return ...
Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing int ...
Thursday, 25 February 21
ARE WE ON THE CUSP OF ANOTHER MINING SUPER-CYCLE? - WOOD MACKENZIE
As the first wave of the coronavirus pandemic began to bite, many observers confidently predicted that the end was nigh for global economic activit ...
Thursday, 25 February 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR SEABORNE COAL TRADE - BANCHERO COSTA
Total loadings in the 12 months of 2020 were down -12.7% year-on-year to 1,130 million tonnes, according to vessels tracking data from Refinitiv, s ...
|
|
|
Showing 631 to 635 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- PTC India Limited - India
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
|
| |
| |
|
