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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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Tuesday, 06 August 19
SHIPPING MARKET INSIGHT - INTERMODAL
On the 12th of May four tankers were attacked near the coast of Fujairah.  The tankers hit were waiving international flags such as that of No ...


Monday, 05 August 19
SUPRAMAX: COAL FROM INDONESIA TO CHINA PAID AT MID $8,000S ON A 57,000-TONNER DELIVERY SOUTH CHINA - BALTIC BRIEFING
Capesize Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. C ...


Thursday, 01 August 19
PANAMAX: THE SENTIMENT IN THE MARKET IS STILL POSITIVE FOR THE LONGER TERM - FEARNLEYS
Capesize Two weeks ago the 5TC index was at 33,000 USD pd. Since then it has fallen off a bit and has stayed around 27,000 USD pd the last week ...


Thursday, 01 August 19
INDIKA ENERGY REVENUES DECLINE DUE TO LOW COAL PRICES
One of the largest Indonesian integrated energy companies PT Indika Energy Tbk posted revenues of US $ 1,380.4 million, down 4.6% compared to US $ ...


Wednesday, 31 July 19
INDIA'S 2019 THERMAL COAL IMPORTS SEEN AT 180-185 MLN T - WOODMAC
India is expected to import 180-185 million tonnes of thermal coal in 2019, said Dale Hazelton, head of thermal coal at consultancy Wood Mackenzie. ...


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