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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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Thursday, 15 March 18
BHEL COMMISSIONS 600 MW THERMAL POWER PLANT FOR APGENCO IN ANDHRA PRADESH
Bharat Heavy Electricals Limited (BHEL) has successfully commissioned a 600 MW coal-based thermal power plant in the state of Andhra Pradesh.
...
Thursday, 15 March 18
SUEK GROUP SECURES $1.055BN 5-YEAR SYNDICATED PRE-EXPORT FINANCE FACILITY
SUEK Group signed a $1.055bn syndicated pre-export loan agreement. The facility with five years duration is secured against the Group’s expor ...
Wednesday, 14 March 18
COAL PRICES UP SAYS MINERALS COUNCIL - IAN KIRKWOOD,THE HERALD
NSW thermal coal exports were at near-record levels last year but prices were up, the Minerals Council of NSW has said after appraising annual stat ...
Wednesday, 14 March 18
NEW COAL PRICE FORMULA DOESN'T APPLY RETROACTIVELY: OFFICIAL - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry has decided to change the implementation period of the new discounted price formula for coal sold to the ...
Wednesday, 14 March 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
Interest in second hand tonnage remains firm with buyers in the dry bulk sector looking to benefit from rising freight rates that are eventually ex ...
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Showing 1771 to 1775 news of total 6871 |
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- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- The University of Queensland
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
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