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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, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...
Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...
Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...
Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...
Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...
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Showing 31 to 35 news of total 6871 |
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- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- SMC Global Power, Philippines
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Australian Coal Association
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
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