GLG News by Metallurgical Coal Experts

Thomas ShewskiOwnerHigh Energy Services 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

U.S Coal Demand

March 23, 2009

U.S. Power Plants to Burn Less Coal in 2009: EIA | uk.reuters.com

U.S. domestic  demand coal demand is down due to lower electricity usage, less industrial demand, fuel switching to natural gas as a result of low natural gas prices and high NOx emissions costs on coal-fired generation, and high inventories at many coal plants.   U.S metallurgical coal demand is down due to steel demand being off.  Exports of metallurgical and steam coal will also be down from 2008’s robust export volumes.

Doug Houseman, Vice President Technical Innovation

Doug HousemanVice President Technical InnovationEnerNex, LLC 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Areva and Alstom - A deal made in France

March 19, 2009

Siemens aims to sell Areva nuclear stake: report | www.reuters.com

Alstom and Areva will probably agree to a deal for the T&D portion of Areva, returning it to Alstom. The price will be about what Areva paid when Alstom needed cash.

Doug Houseman, Vice President Technical Innovation

Doug HousemanVice President Technical InnovationEnerNex, LLC 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

BG - Pure Energy Deal should happen

March 19, 2009

BG sweetens bid for Australia’s Pure Energy | www.ft.com

BG should be successful in the purchase of Pure Energy, barring a white knight.BG gains knowledge for non-traditional gas harvest methods potentially to apply in the UK.Pure Energy gains checkbook to expand in Australia and elsewhere.

Doug Houseman, Vice President Technical Innovation

Doug HousemanVice President Technical InnovationEnerNex, LLC 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Nuon - Vattenfall deal good for all

March 19, 2009

Vattenfall nears $4.5 billion deal for Nuon unit: report | www.reuters.com

The Vattenfall deal for the unregulated Assets of Nuon offer a good deal to everyone. Vattenfall has the scale to help Nuon survive and expand in the Dutch Market as a retailer. Nuon offers expertise that the Vattenfall German units can use to expand their offerings in retail energy.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Norden Will See Opportunities In This Weak Market

March 16, 2009

Norden feels heat | www.tradewinds.no

Norden is one of the few dry bulk shipping companies that have over 100 vessels on the water.  A relatively minor player in liquid bulk shipping, Norden's exposure to the panamax sector will be its toughest test over the next two years.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Capacity Management Key For Container Shipping

March 16, 2009

Misery for Maersk | www.tradewinds.no

Currently, over 10% of the liner shipping fleet is idle as capacity additions exceed demand growth.  Far too much of this idle capacity is owned tonnage, rather than charter tonnage.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Supramax Market A Safe Bet

March 6, 2009

Eagle upgraded | www.tradewinds.no

2009-2010 will see extremely volatile and overall poor market conditions for dry bulk shipping.  However, the Handymax and Handy size segments will enjoy better conditions that the market average.

Gene Plavnik, President

Gene PlavnikPresidentHeat Technologies Inc 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

While Most Politicians Speak One Thing and Do Another, The Alternative Energy Is Still in Need

March 2, 2009

Capital power plant dims clean energy hopes | news.yahoo.com

Alternative Energy is expensive today and needs serious attention. New standards to be enforced by the federal government could create the alternative energy industry, require alternative energy to be present at new and renovated commercial and residential dwellings, where it is economically viable. New dwellings, warehouses need to be equipped with some form of alterntative energy to begin with.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Chinese Port Investments Risky

February 24, 2009

Opportunities in China's Infrastructure for 2009 - Waterborne Transportation | keeglobaladvisors.typepad.com

Reportedly, China will invest $118B in new seaports, riverports and expansion of existing facilities.  Except for cabotage demands, such investments will exacerbate excess port capacity in the country.

Craig Marston, Managing Director

Craig MarstonManaging DirectorCEM Marine 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Diana's Bear Market Just Beginning

February 19, 2009

Di on the money | www.tradewinds.no

Diana's overly conservative chartering strategy, which missed most of the boom market, will hurt even more in the bear market.

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