We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 03 April 18
MARKET ANALYSIS - GEORGE LAZARIDIS
 In the midst of a relatively quiet week for markets, with disruptions being caused by the Christian holidays, it seems as though we find ourselves caught up in further troubling announcements with regards to world trade. During the course of this weekend China’s Customs Tariffs Commission announced the enforcement of reciprocal tariffs of as high as 25% on 128 goods imported from the US, said George Lazaridis, Head of Research & Valuations of Allied Shipping.
George Lazaridis further noted his latest weekly market report, the breakdown includes import duties on fresh and dried fruits, ginseng, nuts, wine, pork and certain steel products, while government officials have left open insinuations of follow on tariffs to target high volume agricultural products such as soybeans. At its current standing these import tariffs are valued at around US$ 3.0 billion, a small drop compared to the trade actions the US president is seeking to undertake on Chinese goods during the 2Q 2018, with a plan to stamp a 25% import duty on a basket of goods valued at US$ 60 billion in 2017. In the midst of this it looks as though we are finding ourselves facing increased risk of a trade war ensuing, something that would surely have continued detrimental effects on both the growth course of global trade, but also on the overall global economic development.
George Lazaridis also noted that, despite all the above, both sides are still looking to find ways to resolve their disputes through a trade settlement that could help keep both sides happy. The US president, Mr. Donald Trump is seeking to get China to agree to reduce the bilateral trade between the US and China by US$ 100 billion (last year’s trade deficit stood at US$ 375.23 billion), yet this may prove more complicated than is often stated in the press and amongst politicians. Given that most Chinese exports to the US are finished goods, we have to take into account that in the modern world, these goods comprise of sources and material value adding that is sourced from all over the world, while in many cases even the US itself. One can surely see how the US currently has the upper hand in pressuring Beijing to accept a deal, however it would be wise to take into consideration the nock on effects any such deal (be it one which is too stringent on Chinese goods) would have on American Companies.
What we point out once more as a warning however is detrimental effects all this may well have on seaborne trade. Shipping plays a highly prevalent role in the global supply chain of products and the disruptions that would be caused by the increasing barriers being placed by some of the largest economies in the world can surely cause havoc and easily reverse the recent upward trends noted in terms of trade growth both in a direct and indirect manner. At the same time and taking a more near-term look, we may well find that all this bichering and squabbling of recent could play for severe disruptions in the annual seasonal grain trade spikes, something that would surely hurt the dry bulk sector and more particularly the smaller size segments.
At the same time and given the already in force tariffs imposed on steel products, we are surely to see softer trade and in turn earnings figures emerge compared to what most would have been predicting at the end of 2017. To what extent these tariffs will dampen the market remains to be seen and will largely depend on the steps taken by these two nations over the coming days. Let’s hope that calm and reason settle in before any extreme steps are taken by either side and all sides find themselves at a loss as a consequence. Said George Lazaridis of Allied.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 07 May 18
BENCHMARK PRICE OF INDONESIAN THERMAL COAL DROPPED BACK BELOW $90 A TON THIS MONTH
COALspot.com: According to latest ministerial decree No. 1812 K/30/MEM/2018 dated 3 May 2018, the Indonesian Coal Price Reference (HBA) decline 5.5 ...
Monday, 07 May 18
SOUTH KOREA STATE-OWNED UTILITY KOREA MIDLAND POWER ISSUED A TENDER FOR 1 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 mt of min. 5700 NAR coal of Australian origi ...
Monday, 07 May 18
GLOBAL COAL DEMAND ROSE ABOUT 1% IN 2017; ASIA ACCOUNTED FOR THE LARGEST INCREASE IN COAL DEMAND, UP 35 MTOE RELATIVE TO 2016 - IEA
Global coal demand rose about 1% in 2017, reversing the declining trend seen over the last two years. This growth was mainly due to demand in Asia, ...
Friday, 04 May 18
ELECTRICITY GENERATION FROM RENEWABLES WAS SECOND ONLY TO COAL IN 2017 - IEA
World electricity demand increased by 3.1 %, significantly higher than the overall increase in energy demand. Together, China and India accounted f ...
Thursday, 03 May 18
SUPRAMAX: INDO - CHINA COAL ROUNDS ARE PAYING IN THE LOW-MID $12000 BSS SINGAPORE DELIVERY - FEARNLEYS
Supramax
As expected a slow and uneventful start to the week with holidays in many countries, however by mid-week some fresh requirements and pos ...
|
|
|
Showing 1726 to 1730 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Planning Commission, India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
|
| |
| |
|
