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.
|
|
Tuesday, 05 May 20
SUPRAMAXES: YTD SLIDE HAS BEEN 45%, WITH THE AVERAGE FOR 2020 TCA HOLDING AT US$5,793 - ALLIED
It has been almost three months since the WHO officially categorized the current coronavirus outbreak as a global pandemic, an outbreak that has br ...
Monday, 04 May 20
U.S. ESTIMATED COAL PRODUCTION FALL 39.4% YEAR ON YEAR IN THE WEEK ENDED APRIL 25 - EIA
Estimated U.S. coal production totaled about 8.6 million short tons (MMst) For the week ended April 25, 2020, says EIA in its latest report.
E ...
Saturday, 02 May 20
SUPRAMAX: ASIA, STRONGER NUMBERS - A 55.000-DWT WAS FIXED FROM INDONESIA TO CHINA IN THE MID $6,000S - BALTIC BRIEFING
Capesize
A tepid week for the big ships, as macro concerns continued to weigh heavily on the index. All of the major voyage routes lost value, ...
Friday, 01 May 20
KOSPO INVITED OFFER FOR 5600 NCV COAL FOR Q3 2020 LOADING
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 260,000 Metric Tons (MT) steam coal for Boryeong Power ...
Friday, 01 May 20
GLOBAL COAL DEMAND TO FALL BY ABOUT 8% IN 2020,THE LARGEST DROP SINCE WORLD WAR II - IEA
We expect global coal demand to fall by about 8% in 2020, the largest drop since World War II, with coal use declining in virtually every sector of ...
|
|
|
Showing 991 to 995 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
|
| |
| |
|
