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Coal India may double supplies of coal for nearby consumers via road transport

Moneycontrol News Coal India is planning to double supplies to power generators within a radius of 60 km of its mines by increasing the transportation of coal via road to meet the shortages at plants, reported Economic Times[2]. [1] Coal India is planning to increase the number of trucks used to transport coal every day to 13,500 from 7,700 trucks to supply coal to the consumers, a senior Coal India executive told the paper.

Adding that the initiative — allowing power companies near coal pits to take coal directly from the mines despite exhausting one’s yearly quota — is a part of Coal India’s ease of doing business plan that has been received well.

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“The offer has caught on well with a large number of power companies that are already lifting coal through roadways on trucks.

We are now targeting sending almost double the quantity we have been sending through roadways,” the executive said. The company has listed 20 mines for which consumers, as well as power companies within a 60-km radius, can take as much coal as they want. The move will also increase the capacity of railways to carry coal to plants beyond 60 km, who are facing a shortage of coal following a sudden spurt in demand for thermal power.

Several factors like a reduction in power supplies had led to the sudden increase in demand for thermal power. “According to preliminary estimates, 35 rakes are expected to be freed up daily if Coal India manages to send coal on 13,500 trucks. These could then be utilised to feed coal to plants that are further away,” the executive said.

Earlier this month, Coal India had indicated that it would liquidate its 33 million tonnes of stocks lying in the pits to meet the increased demand for power. Anticipating that the increased demand will continue, the state-owned mining company also plans to boost its production, however, transportation of coal to power generating plants remains the biggest problem. “Increasing coal production and despatch would not be a problem, but the real issue is to mobilise the coal available at mine heads to thermal power plants,” the executive said.

Coal India is targeting to load 266 rakes a day compared to 250 rakes a day, which it managed to load last week.

It was the highest level in November.

In the medium term, Coal India intends to load 300 rakes a day through Indian Railways.

References

  1. ^ Coal India (www.moneycontrol.com)
  2. ^ Economic Times (economictimes.indiatimes.com)

Coal India may double supplies via short-distance road transport of coal

Moneycontrol News Coal India is planning to double supplies to power generators within a radius of 60 km of its mines by increasing the transportation of coal via road to meet the shortages at plants, reported Economic Times[2]. [1] Coal India is planning to increase the number of trucks used to transport coal every day to 13,500 from 7,700 trucks to supply coal to the consumers, a senior Coal India executive told the paper.

Adding that the initiative — allowing power companies near coal pits to take coal directly from the mines despite exhausting one’s yearly quota — is a part of Coal India’s ease of doing business plan that has been received well.

related news

“The offer has caught on well with a large number of power companies that are already lifting coal through roadways on trucks.

We are now targeting sending almost double the quantity we have been sending through roadways,” the executive said. The company has listed 20 mines for which consumers, as well as power companies within a 60-km radius, can take as much coal as they want. The move will also increase the capacity of railways to carry coal to plants beyond 60 km, who are facing a shortage of coal following a sudden spurt in demand for thermal power.

Several factors like a reduction in power supplies had led to the sudden increase in demand for thermal power. “According to preliminary estimates, 35 rakes are expected to be freed up daily if Coal India manages to send coal on 13,500 trucks. These could then be utilised to feed coal to plants that are further away,” the executive said.

Earlier this month, Coal India had indicated that it would liquidate its 33 million tonnes of stocks lying in the pits to meet the increased demand for power. Anticipating that the increased demand will continue, the state-owned mining company also plans to boost its production, however, transportation of coal to power generating plants remains the biggest problem. “Increasing coal production and despatch would not be a problem, but the real issue is to mobilise the coal available at mine heads to thermal power plants,” the executive said.

Coal India is targeting to load 266 rakes a day compared to 250 rakes a day, which it managed to load last week.

It was the highest level in November.

In the medium term, Coal India intends to load 300 rakes a day through Indian Railways.

References

  1. ^ Coal India (www.moneycontrol.com)
  2. ^ Economic Times (economictimes.indiatimes.com)

Cargo Shipping Market Analysis and Forecast Study for 2017

Future Market Insights has announced the addition of the “Cargo Shipping Market: Global Industry Analysis and Opportunity Assessment 2017-2027” report to their offering.

Cargo Shipping Market

Cargo Shipping Market PR-Inside.com: 2017-11-14 05:47:56

Trade liberalization and global economic growth boost the cargo shipping market. In the past decade cargo shipping market has fared quite successfully.

With economic growth and development there is a direct increase in commodity consumption, which drives the cargo shipping market. Depending on the cargo and the type of storage, loading, unloading and securing it would require various types of ships for transportation.

Investments in port infrastructure and the global supply-demand cycle will have a positive impact on the shipping market. Growth in countries forging free trade agreements like AFTA (ASEAN Free Trade Area), TPSEP (Trans-Pacific Strategic Economic Partnership), and NAFTA (North American Free Trade Agreement) will drive the cargo shipping market.

Transport is an essential link for trading, and the aim is to obtain raw materials for manufacturing industries, or trade manufactured goods in good condition, as and when they are required. Demand and supply for sea transportation has increased and five key things to be considered in the cargo shipping market are: economy, average haul, seaborne commodity, random shocks and transport cost. The cargo shipping industry is segmented on the basis of cargo and industry type.

Infrastructure initiatives such as development of new ports and extension of existing ports leads to growth of the cargo shipping market. Container cargos load food, manufacturing industry’s raw materials and electrical & electronic goods. Liquid bulk cargos are loaded with oil from the oilfields at sea – to do this they moor bow type tankers, known as shuttle tankers.

Developing economies in Asia-Pacific account for the significant market share; especially China, since it is a major exporter. Growth rate in Europe is presently steady and is expected to grow in the near future; owing to various initiatives by the European Union. Middle East and African regions have the highest potential in the coming years due to availability of oilfields; this is estimated despite the fall in oil prices internationally.

Request For Report Sample: www.futuremarketinsights.com/reports/sample/rep-gb-2599[1]

Global Cargo Shipping Market: Segmentation

On basis of cargo type, the global cargo shipping market is segmented into: Container cargo
20 foot (6.08 m) Twenty-foot Equivalent Unit (TEU)
40 foot (12.8 m) Forty-foot Equivalent Unit (FEU)
45 foot (13.7m)
48 foot(14.6m)
Bulk cargo
Commodity
Materials
Oil
General cargo
Solids
Raw materials On basis of industry type, the global cargo shipping market is segmented into:

Food and Manufacturing
Fruits, drinks
Solids
Manufactured raw materials
Oil and ores
Petrol
Diesel
Iron ore
Electrical and electronics
Electrical equipment’s
Electronic equipment’s Global cargo shipping market: Regional outlook Developing economies in Asian countries drive the cargo shipping market and are estimated to hold the largest share of the cargo shipping market.

European countries like UK, Spain, Germany and France, along with Russia will account for the second largest share. North America is projected to be third largest market share. Global Cargo Shipping Market: Key Trends and Drivers

Global economic growth and progress in trading drive the cargo shipping market. Container transportation is increasing adopted globally to transport goods; it acts as a major driver for the cargo shipping market in both developed and developing countries. Another boon for this market are the free trade agreements being formulated by numerous countries.

Supply chain management for marine trade has developed largely attributing to developing nations gaining a large market share in the cargo shipping market. Cargo shipping firms are facing challenges to a great extent owing to global environmental changes and geopolitics; this is proving to be a major restraint. Acquiring new containers is cost intensive, which is manifesting as a major restraint in the shipping industry and cargo shipping market.

Request For Report Table of Content (TOC): www.futuremarketinsights.com/toc/rep-gb-2599[2] Global cargo shipping market: Key players Examples of the market participants in the cargo shipping market, identified across value chains include CMA-CGM SA, A.P.

Moller-Maersk Group, Mediterranean Shipping Company S.A., Panalpina World Transport (Holding) Ltd., DHL Global Forwarding, China COSCO Holdings Company Limited, Nippon Express Co., Ltd, Hapag-Lloyd AG, Ceva Logistics and Deutsche Bahn AG.

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References

  1. ^ https://www.futuremarketinsights.com/reports/sample/rep-gb-2599 (www.futuremarketinsights.com)
  2. ^ https://www.futuremarketinsights.com/toc/rep-gb-2599 (www.futuremarketinsights.com)
  3. ^ email (www.pr-inside.com)
  4. ^ e-mail (www.pr-inside.com)
  5. ^ http://www.futuremarketinsights.com (www.futuremarketinsights.com)
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