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, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...


Thursday, 25 November 10
DRY BULK MARKET STILL GOING STRONG THIS WEEK, CAPESIZE SECTOR LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...


Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...


Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year. Kuzbasskaya Topli ...


Sunday, 21 November 10
THE FREIGHT MARKET MAY SLIGHTLY FIRM UP NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market continued its down fall with BDI down by 6.83 pct and closed at 2,155 points. According to Vistaar Shipping of S ...


   1102 1103 1104 1105 1106   
Showing 5516 to 5520 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 ...

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