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Friday, 20 September 19
INDIA: ECONOMIC SLOWDOWN IMPACTS COAL IMPORT CARGO IN H1 FY20 - PTI
Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal growth of 1.9 per cent to 294 million tonnes, rating agency Icra said.
Healthy volume growth in container, crude and iron ore segments was offset by the decline in coal and some other bulk cargo volumes, it said.
“The volume growth at major ports has been impacted by 4 per cent fall in coal volumes – 63.6 MT vs 66.3 MT – and some decline in fertiliser and liquid volumes,” Icra said in a statement.
Coal volumes at major ports grew 11 per cent in FY2019.
“The decline in imports is despite the fact that Coal India Ltd’s dispatches have also fallen by 3 per cent during this period to 247 MT from 241 MT. Thus, the slowdown in coal imports is most likely attributable to the economic slowdown in recent months which has brought down the overall demand and is likely to impact the domestic port sector,” K Ravichandran, Senior Vice President and Group Head – Corporate Ratings, Icra said.
Also, thermal power generation has increased during the first five months by 4-5 per cent, indicating that the decline in thermal coal demand is driven by other consuming industries. Some of the growth in coal demand is also stifled by the impact of higher generation from newly added renewable capacities. Systemic inventory with users is also possibly down on account of lower ordering following the anticipation of a further slowdown in demand.
Over the long-term, a sustainable pick-up in industrial activity and power demand will be crucial for the sustenance of healthy coal imports as domestic production also ramps up to meet the incremental demand, it said.
“If demand from power sector remains tepid and industrial demand also remains slack, there is a possibility of further pressure on coal import volumes. Over the long term, a sustainable pick-up in industrial activity and power demand will be crucial for the sustenance of healthy coal imports as domestic production also ramps up to meet the incremental demand,” Ankit Patel, Vice President and Co-Head – Corporate Ratings, Icra said.
He said CIL’s supply is likely to increase every year by 5-7 per cent at least and this will continue to be a risk for port players that are highly dependent on coal volumes for optimal utilisation of their port capacities.
In FY19, total cargo handled at Indian ports had registered a moderate increase of 5.9 per cent to 1,280 million tonnes from 1,209 million tonnes during FY18. Major ports handled 699 MT, whereas non majors handled 581 MT.
Source: PTI
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Friday, 27 September 19
LOWDOWN ON INCOTERMS 2020 OVERHAUL - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
This ninth revision of Incoterms is changed in style and substance. The revisions improve certain aspects of Incoterms 20 ...
Thursday, 26 September 19
INDIA INCREASES ITS ANNUAL COAL PRODUCTION BY 2.7% PER YEAR FROM 850 MILLION SHORT TONS IN 2018 TO 2 BILLION SHORT TONS BY 2050 - EIA
Worldwide coal production holds steady at about 8 billion short tons, or 160 quadrillion British thermal units (Btu), per year through 2040. Inc ...
Wednesday, 25 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
In the past five months there has been significant activity in the asset market with the dry bulk segment being by far the most volatile in terms o ...
Tuesday, 24 September 19
9TH ANNUAL SUPPLY CHAIN INNOVATION SUMMIT 2019 ASIA PACIFIC
Summit: 9th Annual Supply Chain Innovation Summit 2019 Asia Pacific
Host: Ace Events
Website: http: ...
Monday, 23 September 19
SUPRAMAX: THE ASIAN ARENA IT WAS A SLOW START, BUT DEMAND INCREASED AS THE WEEK WENT ON - BALTIC BRIEFING
Capesize
The market trended down over this past week, breaking the market out of its upward trending range. While the market traded sideways at ...
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- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Minerals Council of Australia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Attock Cement Pakistan Limited
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bhushan Steel Limited - India
- MS Steel International - UAE
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
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