We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 03 July 18
COAL, THE SECOND MAIN COMMODITY FOR CAPES, HAS BEEN SHOWING A REMARKABLE RISE IN TRADE VOLUMES IN THE YEAR SO FAR - THOMAS CHASAPIS
 Having reached the mid-point in the year, it seems to be a good time to summarize the overall trends noted in the Dry Bulk sector and more specifically the Capesize market, while looking to get a feel as to what we can expect during the second half of the year.
According to Thomas Chasapis, Research Analyst of Allied Shipping, all-in-all, it has been a rather interesting half, with a considerable amount of volatility, underlining how fragile the market balance remains and how vulnerable it is to small shifts in trading trends. Indicatively, the BDI finished June at 1,385 points, a level which is just above the 1,366 points which it closed off the previous year, whereas contrary to this, the Capesize index, which tends to be the main influencing size segment, finished at slightly softer level, reaching the 2,170 point mark, compared to the 2,830 basis points it ended off in December 2017.
Thomas Chasapis further noted that, this is a considerable drop, though worth mentioning that it is still well above its 6-month average figure.
So where does all this leave us now?
Are we going to be able to see a strong rally in the final quarter of the year that will help us brake above the 4,000 point mark on the BCI?
or is the capsize market going to suffer from the global economic and political turmoil at play, leading it to a perpetual motion between the 800 and 3,000 point level for the remainder of the year?
Research Analyst of Allied says, the answer may lie somewhere in between, given the multiple influencing factors currently at play. On the Iron ore front, China, just had its best month in terms of imports, probably well above 90 million tons, an important figure when you take into account the fact that China is by far the largest importer. Moreover, Coal, the second main commodity for Capes, has been showing a remarkable rise in trade volumes in the year so far (as has been pointed out in previous weeks) and given the recent positive trends noted in terms of pricing of the commodity, shows for an equally promising performance over the months ahead. The caveat here is that both these commodities are highly dependent on steel production and although steel output figures in China are around 5% higher compared to last year, they are also highly susceptible to the risk of any dampening effect the recent trade war tariffs could eventually have on the steel products trade. Taking note of the overall balance at play in the market it is important to note that the Capesize fleet development has been holding at a modest level of around 1.02%, well below what was being noted in the year prior. Given all this and even when taking into account the risk overhang on trade, it looks as though a more attuned supply demand balance may well still be at play.
With all being said, the first half of 2018 has left us with an eerie feel, with the intense ups and downs noted in the market being the cause of increased uncertainty. We can anticipate that for the rest of the summer period, things will be moving in a similar pattern to what we have witnessed so far in the year. Most will be likely focusing on the final quarter of the year, which is traditionally the most bullish seasonal point for Capesize vessels. As to if the market will be able to break above its previous highs during the fourth quarter, it looks as though most market thoughts are in favor of such an outcome at this point. Though all this would depend largely on the current trade trends being sustained and not so susceptible to any geopolitical interruptions at play, Thomas Chasapis concluded.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 02 November 18
COAL FETCHES 102% PREMIUM IN E-AUCTION, SURPASSING THE EARLIER HIGHEST OF 95% - FINANCIAL EXPRESS
Coal prices have received a premium of 102% in spot e-auction during September 2018, surpassing the earlier highest of 95% premium during the spot ...
Friday, 02 November 18
CHINA: COAL CONSUMPTION POSTS STRONG GROWTH ON BACK OF POWER GENERATION DEMAND - CHINA DAILY
China’s energy consumption experienced continuous rebound during the first three quarters in 2018, National Energy Administration announced o ...
Thursday, 01 November 18
IMO 2020 - EXPLORING THE OPTION OF SOX SCRUBBERS - SIDDHARTH MAHAJAN, GARD
KNOWLEDGE TO ELEVATE
There are four possible methods of compliance:
1.use VLSFO (very low Sulphur oil) or blends;
2,use dis ...
Wednesday, 31 October 18
INDIA: COAL IMPORTS SURGE ON DOMESTIC SHORT SUPPLY - HINDU
Shortage of thermal coal supply in India has pushed imports up to 85 million tonnes (mt) in the first half of the current fiscal compared to 75 mt ...
Wednesday, 31 October 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
Since the IMO’s 2020 global cap on sulphur in marine fuels is coming into force, ship-owners have to decide whether they will operate using e ...
|
|
|
Showing 1571 to 1575 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Australian Coal Association
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
|
| |
| |
|
