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Tuesday, 12 November 19
COAL IMPORTS AT MAJOR PORTS SLIP 18 PC TO 51 MT IN APRIL-OCTOBER - ECONOMIC TIMES
Coal ExcavatorThe Indian Ports Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report, said "percentage variation from previous year" in thermal coal handling was at 17.69 per cent. As far as coking and other coal is conce...
 
Thermal coal imports declined by 17.69 per cent to 51.10 million tonnes at the country's top 12 major ports during April-October this fiscal, latest Indian Ports Association report has said.
 
The Centre-owned ports had handled 62.08 MT of the thermal coal in the same period previous year.
 
The Indian Ports Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report, said "percentage variation from previous year" in thermal coal handling was at 17.69 per cent.
 
As far as coking and other coal is concerned, its handling recorded a rise of 6.88 per cent at 33.43 MT during the seven months period.
 
These ports had handled 31.28 MT of coking coal in the corresponding period last fiscal.
 
Thermal coal is the mainstay of India's energy programme as 70 per cent of power generation is dependent on the dry fuel, while coking coal is used mainly for steel-making.
 
Earlier, mjunction services -- a B2B e-commerce joint venture between Tata Steel and SAIL -- has reported 9.3 per cent rise in India's coal imports to 126.91 million tonnes (MT) in the first six months of current fiscal.
 
The provisional compilation by mjunction is based on monitoring of vessels' positions and data received from shipping companies.
 
The country had imported 116.04 MT of coal in April-September period of 2018-19, according to mjunction - which publishes research reports on coal and steel verticals.
 
"On a progressive basis (April-September 2019) (provisional), total coal and coke imports were recorded at 126.91 MT, which is 9.36 per cent higher than 116.04 MT imported for the same period (April-September 2018) last year," it had said.
 
India is the third-largest producer of coal after China and the US and has 299 billion tonnes of resources and 123 billion tonnes of proven reserves, which may last for over 100 years.
 
India has 12 major ports Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Kamarajar (Ennore), V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia) which handle approximately 61 per cent of the country's total cargo traffic.


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Thursday, 24 October 19
PANAMAX: NEGATIVE SENTIMENT IN THE MARKET AS IT CONTINUES TO WEAKEN - FEARNLEYS
Capesize The market has continued to slide the last week, as lack of fresh requirements and a slight oversupply of tonnage heading towards Sout ...


Wednesday, 23 October 19
CHINA'S 2019 COAL IMPORTS SET TO RISE MORE THAN 10%: ANALYSTS - REUTERS
China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, ...


Wednesday, 23 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
Moving closer to the end of the year, we are facing what the market was expecting for quite a while, the ship repair sector booming with the shipya ...


Tuesday, 22 October 19
DRY BULK: DESPITE THE DOWNWARD CORRECTION NOTED OVER THE PAST MONTH, RATES ARE STILL HOLDING OFF AT FAVORABLE LEVELS - ALLIED SHIPPING
Despite the downward correction that has been noted in the dry bulk market over the past month, rates are still holding off at favorable levels. Ev ...


Monday, 21 October 19
SHIPPERS CHANGE COURSE AS FUEL RULES TARGET SULPHUR EMISSIONS - WOOD MACKENZIE
The International Maritime Organization (IMO), the industry’s regulator, will require all ships to reduce the level of sulphur in their engin ...


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