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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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Friday, 10 August 18
U.S. COAL PRODUCTION TO DECLINE BY 1.8% IN 2019 BECAUSE COAL EXPORTS AND COAL CONSUMPTION ARE BOTH FORECAST TO DECREASE - EIA
EIA forecasts U.S. coal production will decline by 1.1% to 766 million short tons (MMst) in 2018 despite a 5.7% (6 MMst) increase in coal exports.
...
Thursday, 09 August 18
RIO TINTO COMPLETES SALE OF REMAINING COAL ASSETS
Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion.
According to a noted post ...
Wednesday, 08 August 18
CHINA DEMANDS PREMIUM IRON ORE, COAL; MINERS MIXED IMPACT - FITCH RATINGS
China’s stricter environmental regulations and structural changes in its steelmaking industry boosts ongoing demand for high-quality iron ore ...
Wednesday, 08 August 18
SHIPPING MARKET INSIGHT - CHRISTOPHER WHITTY
Singapore's shipyard business has evolved over the decades, from shipbuilding and repairs to rig building. It's now evolving again, to cate ...
Friday, 03 August 18
PHEW! ASIA, EUROPE HEATWAVE PUSHES AUSTRALIA COAL PRICES TO 6-YEAR HIGH: REUTERS
Australian thermal coal prices have hit fresh six-year highs as a heatwave across the northern hemisphere has triggered a spike in demand for coal- ...
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- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- The University of Queensland
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Australian Coal Association
- Parliament of New Zealand
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