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, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...


Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...


Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...


Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...


Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct. Overall the market seems to be ...


   1100 1101 1102 1103 1104   
Showing 5506 to 5510 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 ...

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