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

Thursday, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...


Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...


Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...


Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...


Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...


   1085 1086 1087 1088 1089   
Showing 5431 to 5435 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 ...

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