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

Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...


Tuesday, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...


Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...


Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...


Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...


   1081 1082 1083 1084 1085   
Showing 5411 to 5415 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 ...

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