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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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Thursday, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...
Thursday, 24 March 11
DRY BULK MARKET RISES, CAPESIZES GAIN BUT REMAIN LOW EARNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market posted modest gains on Wednesday, with the Baltic Dry Index rising to 1,565 points, up by 1.43 percent on the day, led by gains ...
Wednesday, 23 March 11
INDIAS TNPL RECEIVED 1.120 MMTS OF COAL AGAINST ITS 160K MT INQUIRY
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its inquiry today.
Seven Indian coal traders have submitted price bid to sup ...
Tuesday, 22 March 11
MONNET ISPAT & ENERGY LIMITED ACQUIRES INDONESIAN COAL COMPANY THROUGH ITS SUBSIDIARY MONNET GLOBAL LIMITED
Monnet Global Limited (MGL) acquires PT Sarwa Sembada Karya Bumi, Sumatra & on part exploration the reserves of 65 million tonne on Thermal Coal ...
Tuesday, 22 March 11
RI COAL EXPORTS TO JAPAN MAY BE DIVERTED TO OTHER COUNTRIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s coal exports to Japan will likely be diverted to other countries for several months after the rece ...
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- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- PTC India Limited - India
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- The University of Queensland
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- White Energy Company Limited
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
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