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.
|
|
Thursday, 14 May 20
OPEC REVISES DOWN GLOBAL OIL DEMAND FORECAST AGAIN
Crude Oil Price Movements
Crude oil prices recorded a second sharp monthly drop in April, amid an increasing oil surplus in the spot market. Th ...
Thursday, 14 May 20
NEW COVID-19 GUIDELINES FOCUS ON SAFE INTERFACE BETWEEN SHIP AND SHORE STAFF - GARD
At a time when the COVID-19 pandemic is affecting the global population, it is important that ships’ crew and port workers protect each other ...
Wednesday, 13 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.4 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.93 points Monday, down 0.4 percent week on week.
The index, released by Chin ...
Tuesday, 12 May 20
IN THE FIRST 4 MONTHS OF 2020, SOUTH KOREA IMPORTED 46.6 MLN TONNES OF CRUDE OIL BY SEA, A NET DECLINE OF 14.1% YOY - BC
South Korea is certainly one of the countries which has handled better the current Covid-19 crisis. In the first week of May 2020, new cases of ...
Tuesday, 12 May 20
OIL MARKET TURBULENCE PIVOTS FOCUS ON FLOATING STORAGE TECHNICAL NEEDS - LLOYD'S REGISTER
KNOWLEDGE TO ELEVATE
Negative oil prices and off-the-scale volatility in crude markets are positive for floating storage, as the next chapter ...
|
|
|
Showing 966 to 970 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Planning Commission, India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- PTC India Limited - India
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
|
| |
| |
|
