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Tuesday, 07 December 21
GLOBAL SHIPPING OUTLOOK TURNS STABLE FROM POSITIVE ON THE BACK OF PEAKING EARNINGS DURING 2021 - MOODY'S
 The outlook for the global shipping industry is changed to stable from positive for the next 12 to 18 months due to demand slightly outstripping supply, Moody’s Investors Service said in a report published today.
Moody’s outlook change is driven by tough comparisons with the very strong cash flows generated this year rather than a deteriorating business environment. Indeed, business and financial conditions will remain solid, but they are unlikely to get better than they already are today.
“Earnings for container and dry bulk carriers are at record levels; however, we expect earnings to fall from their 2021 peak but remain high,” said Daniel Harlid, a Vice President – Senior Analyst at Moody’s and the author of the report. “Still, limited deliveries of new vessels next year will help keep freight rates at elevated levels.”
Demand for goods and commodities remain high and will stay robust in 2022. Growth rates have most likely peaked and will start to decelerate next year. Record high profitability and cash flow generation have been used to pay down debt.
Capital spending of shipping companies will continue to increase. Therefore, Moody’s expects orders for newer and more energy-efficient ships to continue to be a theme during 2022, as shipping companies prepare for stricter environmental regulations that will gradually be phased in from 2023.
Source: Moody’s
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Tuesday, 16 November 21
CHINA'S MONTHLY COAL OUTPUT RISES TO HIGHEST SINCE MARCH 2015 - REUTERS
China’s October coal output rose to the highest since at least March 2015, after Beijing approved a raft of coal mine expansions to tame reco ...
Friday, 12 November 21
RUSSIA-INDIA COKING COAL DEAL UNLIKELY TO IMPACT PANAMAX SHIPPING - DREWRY
Russia and India have recently entered into an agreement whereby Russia will supply up to 40 million tonnes of coking coal to India every year. Dre ...
Friday, 12 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...
Friday, 12 November 21
INDONESIAN COAL PRICE REFERENCE TOPS $215 A TON; THE HIGHEST COAL PRICE IN HISTORY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second half of 2021 as it reached a pinnacle of $215.01 in November 2021 ...
Thursday, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...
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- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
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