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Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
 Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess tonnage supply will depress freight rates, according to the Shipping Gazette. In an interview with India's Business Line, Mr Hajara said 2010 was a record year for delivery of new ships and 2011 will be closely following that, and thereafter it will drop.
On the demand side, there will be growth despite the financial difficulties in the euro region and in the US," he said.
BRIC countries (Brazil, Russia, India and China) are growing well, and that will drive the trade, he said. Because of that demand for tonnage is expected to grow at a decent pace in 2011, but the impact of excess supply of ships is expected to continue till early 2012, Mr Hazara said.
Thereafter, there will be a reasonable chance for a decent revival in rates. This is because 2009 was a historic low for new ship orders and therefore delivery of new ships will be very limited in 2012. But the growth in demand will continue following the expected global economic recovery. So, there will be demand supply equilibrium by 2012.
The container trade did much better in 2010 than in 2009 because of the self-discipline imposed by the large carriers, which laid up part of their tonnage to remedy the demand-supply mismatch.
As the global economy recovers, trade volume will go up. This should fuel growth in container volumes. "We should see nine per cent growth in volumes in 2011. Overall, the container scenario will remain good."
Mr Hazara said the growth in India's shipping industry has been really commendable. For an Indian shipowner deployment of ships will not be a problem. But the margins for Indian shipping companies, like their counterparts in other countries, will come under tremendous pressure, at least till the beginning of 2012.
Mr Hazara said there will be demand growth in all segments. Coal is going to be a big story in India. The demand for thermal coal is expected to go up to 200 million tonnes by 2013 from 80 million tonnes now. Demand for coking coal also is expected to double in the two-three years.
With steel mills expanding, coal imports will go up. Imports by Steel Authority of India (SAIL) are expected to rise from 12 million tonnes to 24-30 million tonnes in the next two-three years.
In the oil sector, India is going to depend more on imported crude, with imports expected to go up from the present level of 80 per cent to 90 per cent in the next five to seven years.
Source: Transport Weekly / Hellenic Shipping
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Saturday, 26 March 11
FLSMIDTH WINS MULTIMILLION DOLLAR MATERIAL HANDLING PROJECT IN INDONESIA
FLSmidth has signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to s ...
Saturday, 26 March 11
ADARO AIMS TO DOUBLE COAL PRODUCTION -THE JAKARTA POST
The Jakarta Post reported that, coal producer PT Adaro Indonesia is planning to soon boost its production capacity to 80 million tons annually, almo ...
Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GA ...
Friday, 25 March 11
THE CAPESIZE MARKET CONTINUED TO FALL - FEARNBULK
Handy
The Atlantic market remains stable with more activity from the Black Sea to Feast paying in the mid 20´s on supras.
The USG remain ...
Friday, 25 March 11
BORNEO ENERGI FY10 NET INCOME SOARS - INSIDER STORIES
Coking coal producer PT Borneo Lumbung Energi Tbk (BORN) booked a skyrocket net income by 499.72% from net loss position in 2009, as quoted by Insid ...
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- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- The University of Queensland
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Marubeni Corporation - India
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
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