We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
|
|
|
Showing 5461 to 5465 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- The University of Queensland
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- Australian Coal Association
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
|
| |
| |
|