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Sunday, 15 March 20
CAPTIVE COAL OUTPUT RISES 19% IN APRIL-FEBRUARY - FINANCIAL EXPRESS
Coal production from captive mines in the first eleven months of the ongoing fiscal have increased by 18.8% year-on-year (y-o-y) to 51.7 million tonne (MT) from the corresponding period in FY19. However, about 53% of the output came from coal blocks which were not cancelled by the Supreme Court in its September 2014 order.
The apex court had then cancelled 204 out of 218 captive coal block licences, saying that these had been allocated in an illegal and arbitrary manner. After the Supreme Court ruling, 36 coal mines has been auctioned so far. The Rajya Sabha on Thursday passed The Mineral Laws (Amendment) Bill, 2020, which removes end-use restrictions in coal blocks to be put up for auctions, essentially ending the practice of captive mining and allowing coal mine developers to sell the fuel to consumers in the open market.
The union government in January had issued the ordinance for the same, along with amendments to the MMDR Act 1957 and the CMSP Act 2015 have also been amended to allocate coal blocks for composite prospecting licence-cum-mining lease to make it more attractive for commercial mining.
The new edicts will come into force after the President’s assent and is seen to to put an end to the long-held monopoly of public-sector behemoth Coal India (CIL).
Production by CIL declined 1.9% annually to 517.8 million tonne (MT) in the first eleven months of FY20, mainly due to excessive rains hampering mining operations during the monsoons earlier this year. Law and order issues in some major mines and several employee union strikes after the Cabinet’s February 2019 decision to ease mining norms for private companies also hampered the world’s largest miner’s production.
The drop in CIL production in the fiscal would have been much lower had it not recorded a 14.2% annual rise in its February output. The coal production scenario has improved at least from the November, 2019 levels, when CIL output was lower by 7.8% year-on-year (y-o-y).
Source: Financial Express
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Wednesday, 18 March 20
SHIPPING MARKET INSIGHT - INTERMODAL
Despite we all knew about the Covid-19 weeks ago, few could realize the size of the thread until the last few days. The examples of China and Italy ...
Tuesday, 17 March 20
IT IS NOW UNQUESTIONABLE THAT 2020 WILL BE A MILESTONE YEAR FOR THE OIL MARKET, AS WELL AS THE WHOLE GLOBAL ECONOMY - ALLIED
It is now unquestionable that 2020 will be a milestone year for the oil market, as well as the whole global economy. The impact from the COVID-19 o ...
Tuesday, 17 March 20
PRELIMINARY FIELD EXPERIENCES ON THE EFFECTS OF LSFO AND VLSFO ON CYLINDER CONDITION - HANS JENSEN LUBRICATORS
It is now more than two months since the 0.5% sulphur cap entered into force, which have affected the operation of more than 70,000 vessels. As ant ...
Monday, 16 March 20
ULTRAMAX: S8 INDONESIA-INDIA AND S10 INDONESIA-CHINA ROUTES BOTH POSTED GAINS OF $1,412, AND $1,289 ON THE WEEK, TO CLOSE AT $5,575, AND $6,089 RESPECTIVELY - BALTIC BRIEFING
Capesize
The Capesize market came to work on Monday, with little expectation, or confidence, that the days ahead were going to bring anything o ...
Friday, 13 March 20
PANAMAX: SLIGHTLY STRONGER NUMBERS IN BOTH BASINS THIS WEEK - FEARNLEYS
Cape
Still very sad times for the big ships, and merit in further trading at present levels is highly debatable for most tonnage. Spot fixtures ...
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- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Planning Commission, India
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
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