We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Sunday, 22 November 15
INDIA COULD PROVIDE SILVER LINING FOR SHIPPING INDUSTRY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 The rise of India as a global player in the shipping market could be just a couple of years away, as the country has the potential to become a second “China”, in terms of stimulating seaborne demand for commodities, mainly coal and iron ore, as well as energy-related products. If one takes a closer look at the latest country focus from the International Energy Agency (IEA), he will notice that India is moving onto the center stage of global energy taking top spot in terms of coal consumption, oil demand growth and solar PV output. As one can quickly realize it is the first two that are of particular interest to the shipping industry, with coal consumption rather important for the dry bulk market and oil demand growth for the tanker industry.
In its latest weekly report, shipbroker Allied Shipbroking noted that “the reason for most of this is the rapid growth in energy consumption expected to take place amongst its 1.3 billion population, something that is relatively easy to feed for such extraordinary growth levels over the next couple of years given that 240 million of them live in rural areas without electricity, while at the same time it has one of the highest growth levels in new car ownership. Both of these will prove as influential factors propelling a close to 30% increase in coal and oil consumption by 2020”.
Allied’s George Lazaridis, Head of Market Research & Asset Valuations, said that “coal is India’s primary source of energy representing 40% of its energy mix while taking its position as third largest producer and consumer worldwide. Given that India is expected to keep its coal-cantered energy approach despite the global “green” pres-sure and taking into account the increased demand it will have for power capacity and electricity generation it will be interesting to see where it will look to serve its needs given that sooner or later it will find its internal production and reserves inadequate to keep up with its growing appetite. This means that although its effect on seaborne coal trade may remain capped as it takes on efforts to increase its internal production, if its growth in demand keeps on track with what it is now it wont be long before it takes up and holds the lion share in the market. It is worth mentioning that this year to date it has already surpassed Chinese imports taking up 20% of the coal trade this year, thanks to the softer demand from the previous market leader, namely China”, he noted.
Meanwhile, “things however are quite different when it comes to oil, as India relies primarily on imports to cover both its consumer and industrial needs. With over 260m passenger cars expected to be added to its current car ownership over the next 25 years and with its industry set to take a more prominent role in the world stage, expectations are for an equally bullish increase in demand for both crude oil as well as, if not more so in oil products. The only down side to this is its prime location, situated much closer to the main Middle Eastern producers then any of the OECD members or China. This means that the benefiting tonne-miles will be fewer, though at the end of the day any boost in demand is always welcome”, Lazaridis said.
So, what are the plausible dampeners to such positive scenarios? “Well for one you are still faced with the risk of policy control which may be brought about by global environmental concerns. This is particularly an issue for coal, which might take place either through a pressure for India to decrease it reliance or even through other major consumers moving away from their reliance on this “dirty fuel”. On the side of oil it seems the biggest dampener might be technology, with current trends moving to-wards more environmentally friendly modes of transportation. Nevertheless, it looks as though there is still something to keep us hopeful for the future”, Allied’s analyst concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 10 December 15
CANADIAN MINER TECK ANNOUNCES LNG HAUL TRUCK PILOT PROJECT
Teck Resources Limited is piloting the use of liquefied natural gas (LNG) as a fuel source in six haul trucks at its Fording River steelmakin ...
Thursday, 10 December 15
FOB RICHARDS BAY COAL Q3' 16 DELIVERY SWAP WAS CLOSED 7.27% PER TON LOWER COMPARED TO AVERAGE Q1' 16 DELIVERY PRICE
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
Wednesday, 09 December 15
U.S. COAL EXPORTS DECLINE IN 2015 DUE TO SLOWER GROWTH IN WORLD COAL DEMAND AND LOWER INTERNATIONAL COAL PRICES - EIA
COALspot.com: The slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports in 2015 ...
Wednesday, 09 December 15
DRY BULK EXPERIENCES THE PERFECT STORM - PANOS TSILINGIRIS
Dry bulk experiences the perfect storm as the slowing of demand predominantly because of China sat atop the exaggerated oversupply. The BDI broke t ...
Tuesday, 08 December 15
OPEC'S DECISION BODES WELL FOR THE TANKER MARKET: STRONG MIDDLE EAST CRUDE EXPORTS WILL CONTINUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
OPEC’s latest decision to keep up oil production is seen by shipbrokers as a further boost for the tanker market. At the end of last year OPE ...
|
|
|
Showing 2661 to 2665 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
|
| |
| |
|
