COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 15 January 11
SUPRAMAX VESSELS FIXED AROUND $ 8K FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The BDI continues to drop and has touched below 1,500 points with the cape index severely affected with the index touching 1,595 poin ...


Saturday, 15 January 11
MAKE SACRIFICES TO SAVE PLN, INDONESIA GOVT BEGS MINERS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Darwin Zahedi Saleh, Indonesia's minister of energy and mineral resources, on Friday appealed to local coal compan ...


Saturday, 15 January 11
RISING PRICES, GOVERNMENT DECREE LEAVE PLN AT LOGGERHEADS WITH COAL FIRMS - THE JAKARTA GLOBE
The Jakarta Globe reported that, As coal prices continue to increase, state utility Perusahaan Listrik Negara faces problems in securing enough coal ...


Thursday, 13 January 11
SURGING COAL PRICES UNDERMINE PLN'S EFFICIENCY PROGRAM - THE JAKARTA POST
The Jakarta Post reported that, The soaring global coal prices are undermining state electricity company PT PLN's pledge to improve its operational ...


Thursday, 13 January 11
SPML INFRA TO DOUBLE INDONESIA COAL MINE OUTPUT IN TWO YEARS - DNA INDIA
DNA India reported that, Kolkata-based infrastructure company SPML Infra, formerly Subhash Projects & Marketing Ltd, will in two years nearly do ...


   1084 1085 1086 1087 1088   
Showing 5426 to 5430 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • GAC Shipping (India) Pvt Ltd
  • Price Waterhouse Coopers - Russia
  • Fearnleys - India
  • Krishnapatnam Port Company Ltd. - India
  • Coaltrans Conferences
  • Tata Chemicals Ltd - India
  • Petron Corporation, Philippines
  • White Energy Company Limited
  • Freeport Indonesia
  • Merrill Lynch Commodities Europe
  • London Commodity Brokers - England
  • Petrosea - Indonesia
  • Surastha Cement
  • Bulk Trading Sa - Switzerland
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • SMC Global Power, Philippines
  • Intertek Mineral Services - Indonesia
  • Attock Cement Pakistan Limited
  • Gujarat Mineral Development Corp Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Chamber of Mines of South Africa
  • IBC Asia (S) Pte Ltd
  • Indonesian Coal Mining Association
  • Anglo American - United Kingdom
  • AsiaOL BioFuels Corp., Philippines
  • CCIC - Indonesia
  • The India Cements Ltd
  • Cosco
  • CIMB Investment Bank - Malaysia
  • Siam City Cement - Thailand
  • JPower - Japan
  • Australian Coal Association
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Toyota Tsusho Corporation, Japan
  • World Bank
  • Therma Luzon, Inc, Philippines
  • Commonwealth Bank - Australia
  • Latin American Coal - Colombia
  • CoalTek, United States
  • Grasim Industreis Ltd - India
  • Jatenergy - Australia
  • PLN Batubara - Indonesia
  • Vedanta Resources Plc - India
  • Indo Tambangraya Megah - Indonesia
  • Deloitte Consulting - India
  • San Jose City I Power Corp, Philippines
  • Central Java Power - Indonesia
  • TANGEDCO India
  • Coal and Oil Company - UAE
  • Vizag Seaport Private Limited - India
  • Coal Orbis AG
  • Cigading International Bulk Terminal - Indonesia
  • Rudhra Energy - India
  • Adani Power Ltd - India
  • Aditya Birla Group - India
  • Maybank - Singapore
  • OPG Power Generation Pvt Ltd - India
  • Pinang Coal Indonesia
  • PTC India Limited - India
  • TNPL - India
  • South Luzon Thermal Energy Corporation
  • Coeclerici Indonesia
  • Energy Link Ltd, New Zealand
  • TNB Fuel Sdn Bhd - Malaysia
  • Baramulti Group, Indonesia
  • IMC Shipping - Singapore
  • Oldendorff Carriers - Singapore
  • Semirara Mining Corp, Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • Australian Commodity Traders Exchange
  • Permata Bank - Indonesia
  • Africa Commodities Group - South Africa
  • Noble Europe Ltd - UK
  • Orica Australia Pty. Ltd.
  • EIA - United States
  • Medco Energi Mining Internasional
  • Parry Sugars Refinery, India
  • Chettinad Cement Corporation Ltd - India
  • SGS (Thailand) Limited
  • Kalimantan Lumbung Energi - Indonesia
  • Ministry of Finance - Indonesia
  • PLN - Indonesia
  • Asia Cement - Taiwan
  • Binh Thuan Hamico - Vietnam
  • PowerSource Philippines DevCo
  • Interocean Group of Companies - India
  • Siam City Cement PLC, Thailand
  • Uttam Galva Steels Limited - India
  • Ambuja Cements Ltd - India
  • KOWEPO - South Korea
  • Maheswari Brothers Coal Limited - India
  • Tata Power - India
  • Mitsubishi Corporation
  • PetroVietnam Power Coal Import and Supply Company
  • Sakthi Sugars Limited - India
  • Maersk Broker
  • Indonesia Power. PT
  • MEC Coal - Indonesia
  • Meralco Power Generation, Philippines
  • Electricity Authority, New Zealand
  • Coastal Gujarat Power Limited - India
  • DBS Bank - Singapore
  • Xstrata Coal
  • Indian School of Mines
  • Mercator Lines Limited - India
  • Cebu Energy, Philippines
  • PetroVietnam
  • Leighton Contractors Pty Ltd - Australia
  • Indika Energy - Indonesia
  • Edison Trading Spa - Italy
  • WorleyParsons
  • Total Coal South Africa
  • Kideco Jaya Agung - Indonesia
  • Sical Logistics Limited - India
  • CESC Limited - India
  • TRAFIGURA, South Korea
  • Petrochimia International Co. Ltd.- Taiwan
  • Thailand Anthracite
  • UOB Asia (HK) Ltd
  • Gresik Semen - Indonesia
  • Asian Development Bank
  • Coalindo Energy - Indonesia
  • Bangladesh Power Developement Board
  • Asmin Koalindo Tuhup - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Lanco Infratech Ltd - India
  • Essar Steel Hazira Ltd - India
  • TeaM Sual Corporation - Philippines
  • Shree Cement - India
  • globalCOAL - UK
  • Carbofer General Trading SA - India
  • Bank of America
  • bp singapore
  • Georgia Ports Authority, United States
  • Moodys - Singapore
  • McConnell Dowell - Australia
  • Kumho Petrochemical, South Korea
  • Borneo Indobara - Indonesia
  • CNBM International Corporation - China
  • Formosa Plastics Group - Taiwan
  • Economic Council, Georgia
  • RBS Sempra - UK
  • Simpson Spence & Young - Indonesia
  • Antam Resourcindo - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • The University of Queensland
  • Barasentosa Lestari - Indonesia
  • SRK Consulting
  • Cement Manufacturers Association - India
  • Sarangani Energy Corporation, Philippines
  • Dalmia Cement Bharat India
  • Enel Italy
  • India Bulls Power Limited - India
  • Madhucon Powers Ltd - India
  • Bangkok Bank PCL
  • Karbindo Abesyapradhi - Indoneisa
  • Arch Coal - USA
  • KPCL - India
  • IHS Mccloskey Coal Group - USA
  • Energy Development Corp, Philippines
  • Panama Canal Authority
  • Metalloyd Limited - United Kingdom
  • Argus Media - Singapore
  • MS Steel International - UAE
  • Cemex - Philippines
  • Wilmar Investment Holdings
  • Singapore Mercantile Exchange
  • U S Energy Resources
  • GNFC Limited - India
  • Star Paper Mills Limited - India
  • Inco-Indonesia
  • Global Coal Blending Company Limited - Australia
  • Makarim & Taira - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • International Coal Ventures Pvt Ltd - India
  • KPMG - USA
  • Gupta Coal India Ltd
  • Indian Energy Exchange, India
  • Malco - India
  • LBH Netherlands Bv - Netherlands
  • Samtan Co., Ltd - South Korea
  • Humpuss - Indonesia
  • Goldman Sachs - Singapore
  • Planning Commission, India
  • Standard Chartered Bank - UAE
  • Platou - Singapore
  • Japan Coal Energy Center
  • ANZ Bank - Australia
  • Holcim Trading Pte Ltd - Singapore
  • New Zealand Coal & Carbon
  • Xindia Steels Limited - India
  • Kaltim Prima Coal - Indonesia
  • NTPC Limited - India
  • Adaro Indonesia
  • IEA Clean Coal Centre - UK
  • Aboitiz Power Corporation - Philippines
  • Independent Power Producers Association of India
  • Mintek Dendrill Indonesia
  • Meenaskhi Energy Private Limited - India
  • SUEK AG - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Coal India Limited
  • TGV SRAAC LIMITED, India
  • Jindal Steel & Power Ltd - India
  • Bukit Makmur.PT - Indonesia
  • Riau Bara Harum - Indonesia
  • Infraline Energy - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Arutmin Indonesia
  • Peabody Energy - USA
  • Agrawal Coal Company - India
  • Malabar Cements Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Iligan Light & Power Inc, Philippines
  • Bayan Resources Tbk. - Indonesia
  • Sucofindo - Indonesia
  • GVK Power & Infra Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Trasteel International SA, Italy
  • Kobexindo Tractors - Indoneisa
  • Directorate Of Revenue Intelligence - India
  • Merrill Lynch Bank
  • Marubeni Corporation - India
  • Eastern Coal Council - USA
  • Kohat Cement Company Ltd. - Pakistan
  • Renaissance Capital - South Africa
  • Ceylon Electricity Board - Sri Lanka
  • Geoservices-GeoAssay Lab
  • ACC Limited - India
  • Ministry of Transport, Egypt
  • Inspectorate - India
  • Minerals Council of Australia
  • Sree Jayajothi Cements Limited - India
  • Thomson Reuters GRC
  • Eastern Energy - Thailand
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Altura Mining Limited, Indonesia
  • Bhushan Steel Limited - India
  • Vale Mozambique
  • Maharashtra Electricity Regulatory Commission - India
  • Glencore India Pvt. Ltd
  • Ernst & Young Pvt. Ltd.
  • BNP Paribas - Singapore
  • Manunggal Multi Energi - Indonesia
  • Lafarge - France
  • Sojitz Corporation - Japan
  • Mitra SK Pvt Ltd - India
  • Thermax Limited - India
  • EMO - The Netherlands
  • Rashtriya Ispat Nigam Limited - India
  • Britmindo - Indonesia
  • JPMorgan - India
  • Sindya Power Generating Company Private Ltd
  • Larsen & Toubro Limited - India
  • Mitsui
  • Cargill India Pvt Ltd
  • Berau Coal - Indonesia
  • Ministry of Mines - Canada
  • Cardiff University - UK
  • Thai Mozambique Logistica
  • NALCO India
  • Indian Oil Corporation Limited
  • Platts
  • Alfred C Toepfer International GmbH - Germany
  • Electricity Generating Authority of Thailand
  • Idemitsu - Japan
  • Indorama - Singapore
  • The Treasury - Australian Government
  • Mercuria Energy - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • ICICI Bank Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Bharathi Cement Corporation - India
  • Deutsche Bank - India
  • Barclays Capital - USA
  • European Bulk Services B.V. - Netherlands
  • HSBC - Hong Kong
  • Thriveni
  • Karaikal Port Pvt Ltd - India
  • Banpu Public Company Limited - Thailand
  • Sinarmas Energy and Mining - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • ASAPP Information Group - India
  • Ince & co LLP
  • Reliance Power - India
  • Orica Mining Services - Indonesia
  • IOL Indonesia
  • Samsung - South Korea
  • Bhoruka Overseas - Indonesia
  • Parliament of New Zealand
  • Bhatia International Limited - India
  • Power Finance Corporation Ltd., India
  • GHCL Limited - India
  • Russian Coal LLC
  • Tamil Nadu electricity Board
  • Vitol - Bahrain
  • Videocon Industries ltd - India
  • World Coal - UK
  • Runge Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • Maruti Cements - India
  • Bank of China, Malaysia
  • Semirara Mining and Power Corporation, Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Salva Resources Pvt Ltd - India
  • Qatrana Cement - Jordan
  • Pendopo Energi Batubara - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • KEPCO - South Korea
  • Thiess Contractors Indonesia
  • Mjunction Services Limited - India
  • McKinsey & Co - India
  • Clarksons - UK
  • ING Bank NV - Singapore
  • Gujarat Sidhee Cement - India
  • Neyveli Lignite Corporation Ltd, - India
  • Jaiprakash Power Ventures ltd
  • GMR Energy Limited - India
  • GB Group - China
  • Indogreen Group - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Bukit Baiduri Energy - Indonesia
  • SASOL - South Africa
  • SN Aboitiz Power Inc, Philippines
  • BRS Brokers - Singapore
  • ETA - Dubai
  • Core Mineral Indonesia
  • VISA Power Limited - India
  • Central Electricity Authority - India
  • OCBC - Singapore
  • Posco Energy - South Korea
  • Credit Suisse - India
  • Ind-Barath Power Infra Limited - India
  • Kobe Steel Ltd - Japan
  • Billiton Holdings Pty Ltd - Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Mechel - Russia
  • Port Waratah Coal Services - Australia
  • Rio Tinto Coal - Australia
  • Directorate General of MIneral and Coal - Indonesia
  • SMG Consultants - Indonesia
  • Wood Mackenzie - Singapore
  • Heidelberg Cement - Germany
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Tanito Harum - Indonesia
  • Shenhua Group - China
  • UBS Singapore
  • Savvy Resources Ltd - HongKong
  • Global Business Power Corporation, Philippines
  • The State Trading Corporation of India Ltd
  • APGENCO India
  • J M Baxi & Co - India
  • Romanian Commodities Exchange