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 : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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