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Friday, 06 July 18
INDIA: GOVT TO RELAX CURBS ON INDIAN FIRMS CHARTERING FOREIGN SHIPS - HINDU BUSINESS LINE
 The Ministry of Shipping is clearly in reform mode. On the heels of the recent relaxation of the cabotage law, which allows foreign flag vessels to operate in Indian waters, it is now set to allow Indian players to charter foreign flag carriers without any pre-conditions.
At present, a foreign ship is allowed to be chartered only — among other conditions — if a suitable Indian ship is unavailable for that purpose at reasonable charter rates.
In fact, the entire chartering rule book is set to see a significant simplification. These measures will increase the shipping capacity in the country, bring down the cost of transportation along the coast and eventually encourage coastal shipping. At present, only 100 million tonnes of cargo is moved along the coast in India, and 80 per cent of it comprises petroleum products, coal and iron ore.
“While we were relaxing cabotage rules, we found restrictive practices in the chartering of foreign vessels. We need to correct this quickly,” Shipping Secretary Gopal Krishna told BusinessLine.
At present, the number of ships available at the right price to carry cargo (both domestic and export-import) along the coast is inadequate, thanks to which people take either the road or rail route. “Once we have ships available at cheaper rates, we will encourage coastal shipping and the overall logistics cost will reduce significantly,” Gopal Krishna said.
An ‘Uber’ for ships
The overall easing of chartering rules, he felt, would give a fillip to entrepreneurship in the sector.
“By opening up, we give chance to our entrepreneurs who do not have enough funds to buy ships to come into the business by chartering a vessel,” he said.
The idea is similar to cab aggregation, which does not require an entrepreneur to own vehicles. “Our attempt is to increase shipping capacity, and a lot of cargo will move on our coast,” he said.
Source: The Hindu Business Line
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Wednesday, 05 September 18
ASIAN DEMAND COULD CREATE DEFICIT IN GLOBAL LNG MARKET - FITCH RATINGS
Growing gas demand from Asia, particularly from China, could swing the liquefied natural gas (LNG) market into a deficit by 2022-2025, Fitch Rating ...
Tuesday, 04 September 18
SUPRAMAX: THE ASIAN SECTOR REMAINED ACTIVE WITH RATES STILL FIRM ESPECIALLY IN SE ASIA - BALTIC BRIEFING
Capesize
A turnaround in fortunes for the big ships, with a few slower days in the market. A build-up of tonnage and a lack of Brazil cargoes r ...
Thursday, 30 August 18
SUPRAMAX: CIS COAL TO FAR EAST WENT AT MID TENS AND TO SE ASIA AT CA USD 8000 - FEARNLEYS
Capesize
There was a slow start this week with holiday in UK on Monday. The index has been slowly coming off since then; The C5 route has seen ...
Wednesday, 29 August 18
MID-YEAR FY19 POWER OUTLOOK: IMPORTED COAL REQUIREMENT TO INCREASE DURING REMAINING FY19: IND-RA
India Ratings and Research (Ind-Ra) has maintained a stable-to-negative outlook on the Indian power sector for the remaining FY19, despite a rise i ...
Wednesday, 29 August 18
IMPACT ON CHARTERPARTIES - TIME TO ACT NOW : NORTH P&I CLUB
KNOWLEDGE TO ELEVATE
The challenges introduced by the global sulphur cap are not exclusively technical. The new limits are likely to impact co ...
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Showing 1631 to 1635 news of total 6871 |
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- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- MS Steel International - UAE
- ICICI Bank Limited - India
- Central Electricity Authority - India
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- PTC India Limited - India
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
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