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

Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale. RTE News reported that, Global resources giant ...


Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
  Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million. The global resources giant ha ...


Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
  COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011. The holiday season seems to have severely affected the fr ...


Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...


Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...


   1092 1093 1094 1095 1096   
Showing 5466 to 5470 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 ...

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