COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 08 February 11
PUSTAKA JAYA PALU POWER LOOKING FOR 5800 GAD COAL
COALspot.com - According to market information, PT Pustaka Jaya Palu Power, a power plant operator of the Mpanau plant, Palu, Sulawesi has invited c ...


Tuesday, 08 February 11
BAYAN, KANGAROO EXTEND DUE DILIGENCE
Coal miner controlled by businessman Dato' Low Tuck Kwong PT Bayan Resources Tbk (BYAN) and Australia-listed coal company Kangaroo Resources Limite ...


Tuesday, 08 February 11
DRY BULK: IS THE TIDE TURNING? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what could be perceived as a change of market sentiment for the better, the dry bulk industry’s benchmark, the Baltic Dry Index (BDI) poste ...


Monday, 07 February 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 13.03 PERCENT IN FEBRUARY 2011
COALspot.com -  Indonesia’s Ministry of Energy and Mineral Resources has set the February 2011 Indonesian Coal Reference Price for therma ...


Monday, 07 February 11
COAL PRICES ON RISE: DEMAND FROM INDIA AND CHINA - ANALYZED SUNIL K KUMBHAT
INDONESIA IS HEART OF ASIAN COAL BOOM COALspot.com - Rising demand of Coal from India and China, coupled with global financial recovery, is driv ...


   1076 1077 1078 1079 1080   
Showing 5386 to 5390 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • KOWEPO - South Korea
  • Adaro Indonesia
  • Marubeni Corporation - India
  • Xstrata Coal
  • PowerSource Philippines DevCo
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Maersk Broker
  • Heidelberg Cement - Germany
  • Kobe Steel Ltd - Japan
  • Cigading International Bulk Terminal - Indonesia
  • Surastha Cement
  • Kaltim Prima Coal - Indonesia
  • European Bulk Services B.V. - Netherlands
  • The Treasury - Australian Government
  • Cardiff University - UK
  • JPMorgan - India
  • Kohat Cement Company Ltd. - Pakistan
  • Permata Bank - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Samtan Co., Ltd - South Korea
  • Romanian Commodities Exchange
  • Lanco Infratech Ltd - India
  • Coalindo Energy - Indonesia
  • Thermax Limited - India
  • International Coal Ventures Pvt Ltd - India
  • CNBM International Corporation - China
  • Barasentosa Lestari - Indonesia
  • White Energy Company Limited
  • JPower - Japan
  • Chettinad Cement Corporation Ltd - India
  • Goldman Sachs - Singapore
  • GB Group - China
  • RBS Sempra - UK
  • McConnell Dowell - Australia
  • Central Electricity Authority - India
  • Essar Steel Hazira Ltd - India
  • Ambuja Cements Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Vijayanagar Sugar Pvt Ltd - India
  • Kumho Petrochemical, South Korea
  • Economic Council, Georgia
  • GHCL Limited - India
  • Commonwealth Bank - Australia
  • Anglo American - United Kingdom
  • Cosco
  • Africa Commodities Group - South Africa
  • TNPL - India
  • Sical Logistics Limited - India
  • CESC Limited - India
  • Wilmar Investment Holdings
  • Oldendorff Carriers - Singapore
  • PLN Batubara - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Petrochimia International Co. Ltd.- Taiwan
  • SN Aboitiz Power Inc, Philippines
  • IBC Asia (S) Pte Ltd
  • Sojitz Corporation - Japan
  • OCBC - Singapore
  • globalCOAL - UK
  • Xindia Steels Limited - India
  • Maybank - Singapore
  • GNFC Limited - India
  • BRS Brokers - Singapore
  • Gupta Coal India Ltd
  • Therma Luzon, Inc, Philippines
  • PNOC Exploration Corporation - Philippines
  • World Bank
  • Malco - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • TANGEDCO India
  • Banpu Public Company Limited - Thailand
  • Jaiprakash Power Ventures ltd
  • OPG Power Generation Pvt Ltd - India
  • Videocon Industries ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Indian Oil Corporation Limited
  • Renaissance Capital - South Africa
  • Price Waterhouse Coopers - Russia
  • Ind-Barath Power Infra Limited - India
  • Aditya Birla Group - India
  • Neyveli Lignite Corporation Ltd, - India
  • Attock Cement Pakistan Limited
  • Vedanta Resources Plc - India
  • GMR Energy Limited - India
  • Jindal Steel & Power Ltd - India
  • Timah Investasi Mineral - Indoneisa
  • ETA - Dubai
  • APGENCO India
  • Core Mineral Indonesia
  • Tata Chemicals Ltd - India
  • Ministry of Transport, Egypt
  • BNP Paribas - Singapore
  • Rashtriya Ispat Nigam Limited - India
  • SUEK AG - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • EMO - The Netherlands
  • Miang Besar Coal Terminal - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Adani Power Ltd - India
  • Meralco Power Generation, Philippines
  • McKinsey & Co - India
  • Runge Indonesia
  • Enel Italy
  • CCIC - Indonesia
  • Gujarat Sidhee Cement - India
  • Standard Chartered Bank - UAE
  • Petron Corporation, Philippines
  • Minerals Council of Australia
  • Bhoruka Overseas - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Formosa Plastics Group - Taiwan
  • Holcim Trading Pte Ltd - Singapore
  • Russian Coal LLC
  • Asian Development Bank
  • VISA Power Limited - India
  • Maheswari Brothers Coal Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Shenhua Group - China
  • Edison Trading Spa - Italy
  • Coal and Oil Company - UAE
  • Platts
  • GN Power Mariveles Coal Plant, Philippines
  • WorleyParsons
  • IMC Shipping - Singapore
  • Energy Development Corp, Philippines
  • Globalindo Alam Lestari - Indonesia
  • SASOL - South Africa
  • Clarksons - UK
  • Coastal Gujarat Power Limited - India
  • Indika Energy - Indonesia
  • MEC Coal - Indonesia
  • Indian School of Mines
  • Tamil Nadu electricity Board
  • Maruti Cements - India
  • Peabody Energy - USA
  • Credit Suisse - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Sarangani Energy Corporation, Philippines
  • Metalloyd Limited - United Kingdom
  • Sinarmas Energy and Mining - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Cemex - Philippines
  • Electricity Authority, New Zealand
  • San Jose City I Power Corp, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Borneo Indobara - Indonesia
  • SRK Consulting
  • Singapore Mercantile Exchange
  • Parliament of New Zealand
  • Latin American Coal - Colombia
  • Kobexindo Tractors - Indoneisa
  • Pinang Coal Indonesia
  • Vitol - Bahrain
  • Coal India Limited
  • KPMG - USA
  • Gujarat Mineral Development Corp Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Bangladesh Power Developement Board
  • Antam Resourcindo - Indonesia
  • Mitsui
  • Krishnapatnam Port Company Ltd. - India
  • Semirara Mining Corp, Philippines
  • Mitsubishi Corporation
  • LBH Netherlands Bv - Netherlands
  • PLN - Indonesia
  • Thomson Reuters GRC
  • Humpuss - Indonesia
  • Coeclerici Indonesia
  • Coaltrans Conferences
  • Fearnleys - India
  • Deutsche Bank - India
  • ICICI Bank Limited - India
  • MS Steel International - UAE
  • Eastern Coal Council - USA
  • Karaikal Port Pvt Ltd - India
  • Trasteel International SA, Italy
  • Mitra SK Pvt Ltd - India
  • Tata Power - India
  • Mercator Lines Limited - India
  • Total Coal South Africa
  • U S Energy Resources
  • Power Finance Corporation Ltd., India
  • Global Coal Blending Company Limited - Australia
  • Bank of America
  • PTC India Limited - India
  • Sakthi Sugars Limited - India
  • Ministry of Mines - Canada
  • Interocean Group of Companies - India
  • SMG Consultants - Indonesia
  • Energy Link Ltd, New Zealand
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • IHS Mccloskey Coal Group - USA
  • Medco Energi Mining Internasional
  • Kapuas Tunggal Persada - Indonesia
  • Indonesian Coal Mining Association
  • Electricity Generating Authority of Thailand
  • Iligan Light & Power Inc, Philippines
  • Mintek Dendrill Indonesia
  • Australian Commodity Traders Exchange
  • Cement Manufacturers Association - India
  • IOL Indonesia
  • SGS (Thailand) Limited
  • The India Cements Ltd
  • Asmin Koalindo Tuhup - Indonesia
  • Mjunction Services Limited - India
  • Makarim & Taira - Indonesia
  • Port Waratah Coal Services - Australia
  • Bulk Trading Sa - Switzerland
  • Japan Coal Energy Center
  • Thriveni
  • Kalimantan Lumbung Energi - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Aboitiz Power Corporation - Philippines
  • PetroVietnam
  • Petrosea - Indonesia
  • Cebu Energy, Philippines
  • UOB Asia (HK) Ltd
  • Posco Energy - South Korea
  • Manunggal Multi Energi - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Inspectorate - India
  • Kepco SPC Power Corporation, Philippines
  • London Commodity Brokers - England
  • Orica Australia Pty. Ltd.
  • The State Trading Corporation of India Ltd
  • India Bulls Power Limited - India
  • Bharathi Cement Corporation - India
  • Siam City Cement - Thailand
  • Thiess Contractors Indonesia
  • Thailand Anthracite
  • New Zealand Coal & Carbon
  • Indonesia Power. PT
  • Indian Energy Exchange, India
  • Bhatia International Limited - India
  • The University of Queensland
  • Bhushan Steel Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Shree Cement - India
  • ACC Limited - India
  • UBS Singapore
  • Thai Mozambique Logistica
  • Uttam Galva Steels Limited - India
  • Argus Media - Singapore
  • Coal Orbis AG
  • Carbofer General Trading SA - India
  • Gresik Semen - Indonesia
  • South Luzon Thermal Energy Corporation
  • Cargill India Pvt Ltd
  • HSBC - Hong Kong
  • Billiton Holdings Pty Ltd - Australia
  • EIA - United States
  • Bukit Baiduri Energy - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Infraline Energy - India
  • Inco-Indonesia
  • Directorate Of Revenue Intelligence - India
  • Arch Coal - USA
  • DBS Bank - Singapore
  • Siam City Cement PLC, Thailand
  • Orica Mining Services - Indonesia
  • Planning Commission, India
  • Larsen & Toubro Limited - India
  • Vale Mozambique
  • Sindya Power Generating Company Private Ltd
  • Ince & co LLP
  • Bangkok Bank PCL
  • Moodys - Singapore
  • Chamber of Mines of South Africa
  • Reliance Power - India
  • Wood Mackenzie - Singapore
  • Karbindo Abesyapradhi - Indoneisa
  • Merrill Lynch Bank
  • Australian Coal Association
  • Glencore India Pvt. Ltd
  • Noble Europe Ltd - UK
  • TRAFIGURA, South Korea
  • Merrill Lynch Commodities Europe
  • KEPCO - South Korea
  • Malabar Cements Ltd - India
  • Geoservices-GeoAssay Lab
  • Idemitsu - Japan
  • Simpson Spence & Young - Indonesia
  • Ministry of Finance - Indonesia
  • TGV SRAAC LIMITED, India
  • Kideco Jaya Agung - Indonesia
  • bp singapore
  • IEA Clean Coal Centre - UK
  • Barclays Capital - USA
  • Indorama - Singapore
  • Rudhra Energy - India
  • TeaM Sual Corporation - Philippines
  • Berau Coal - Indonesia
  • Qatrana Cement - Jordan
  • Bayan Resources Tbk. - Indonesia
  • Platou - Singapore
  • Madhucon Powers Ltd - India
  • Ernst & Young Pvt. Ltd.
  • Sucofindo - Indonesia
  • SMC Global Power, Philippines
  • Parry Sugars Refinery, India
  • Baramulti Group, Indonesia
  • Bank of China, Malaysia
  • CoalTek, United States
  • Arutmin Indonesia
  • J M Baxi & Co - India
  • ANZ Bank - Australia
  • Mercuria Energy - Indonesia
  • ING Bank NV - Singapore
  • Central Java Power - Indonesia
  • Tanito Harum - Indonesia
  • Altura Mining Limited, Indonesia
  • Savvy Resources Ltd - HongKong
  • Global Green Power PLC Corporation, Philippines
  • Georgia Ports Authority, United States
  • Ceylon Electricity Board - Sri Lanka
  • ASAPP Information Group - India
  • Lafarge - France
  • Asia Cement - Taiwan
  • NTPC Limited - India
  • Independent Power Producers Association of India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • KPCL - India
  • CIMB Investment Bank - Malaysia
  • Agrawal Coal Company - India
  • Dalmia Cement Bharat India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Freeport Indonesia
  • Toyota Tsusho Corporation, Japan
  • Rio Tinto Coal - Australia
  • Riau Bara Harum - Indonesia
  • Deloitte Consulting - India
  • Grasim Industreis Ltd - India
  • Eastern Energy - Thailand
  • Straits Asia Resources Limited - Singapore
  • Intertek Mineral Services - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • World Coal - UK
  • Bahari Cakrawala Sebuku - Indonesia
  • Star Paper Mills Limited - India
  • NALCO India
  • GVK Power & Infra Limited - India
  • Panama Canal Authority
  • Jatenergy - Australia
  • Salva Resources Pvt Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Indogreen Group - Indonesia
  • Vizag Seaport Private Limited - India
  • Global Business Power Corporation, Philippines
  • Britmindo - Indonesia
  • Samsung - South Korea
  • Mechel - Russia