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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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Friday, 17 September 10
CWP COAL WASHING PLANTS MACHINERY LANDS ON RUSSIAN MARKET!!
Press Release: CWP Coal Washing Plants Machinery Industry & Trade Co. which was founded in 1990, has been operating in Izmir with its closed pro ...
Friday, 17 September 10
FREIGHT RATES TO DECLINE FURTHER - ICICI SEC
Broking firm ICICI Securities said tanker freight rates reported a sharp drop with rates of Suezmax and Aframax carriers declining by 16% to USD 8,6 ...
Friday, 17 September 10
R-POWER, ADANI, GMR TO BID FOR $1-BN MINE
Reliance Power, Adani Power and GMR are in the race for a coal mine asset in Australia. The valuation of the asset is close to $1 billion (Rs 4,600 ...
Thursday, 16 September 10
RPG GROUP BUYS 10% IN AUSSIE COAL FIRM RESOURCE GENERATION
Dealcurry reported that, India's RPG Group's Integrated Coal Mining Limited (ICML) has acquired 10% stake (18,268,053 shares) in Resource Generati ...
Wednesday, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million ...
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- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Australian Coal Association
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- The University of Queensland
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
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