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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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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- The University of Queensland
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
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