Rashtriya Ispat Nigam to get mining rights at Bhilwara
The government is close to granting mining rights toRashtriya Ispat Nigam at Bhilwara in Rajasthan, two people directly involved in the development said. The world's largest steelmaker, ArcelorMittal, had also applied for a mining lease in Bhilwara, but there is no information on the progress of the global major's application. Queries toArcelorMittal remained unanswered.

Rashtriya Ispat, which operates the coast-based steel plantVizag Steel, will get 350 million tonnes of iron ore, a lion's share of the reserves. Earlier this year, the OP Jindal group's pipe business,Jindal Saw entered into an agreement withRajasthan giving it rights to at least 180 million tonnes of ore with a ferrous content of about 30%. The company has also expressed its intention to build a steel plant in the state. SAIL, which has been eyeing Rajasthan's reserves for two years, is expected to become the third beneficiary.

RINL chairman PK Bishnoi, who is scheduled to retire by July-end, returned from Jaipur last week after prolonged negotiations with the Rajasthan government. Iron ore in Bhilwara has a ferrous content of about 45-50%, which is lower than that mined in Karnataka and other states. Higher ferrous content indicates purity of the ore. Rashtriya Ispat's 3.3-million tonneVishakapatnam Steel Plant in Andhra Pradesh has been scouting for ores to reduce costs. Its iron ore requirements are being currently met by NMDC. RINL plans to expand the plant's capacity to 7.3 million tonnes by 2013. It has plans for an additional 4 million tonne plant, including an electrograde steel unit, for which it will partner withBharat Heavy Electricals and SAIL.

Consultants and equipment and hardware providers are being finalised. Rashtriya Ispat owns about 20,000 acres at its existing location. According to Rashtriya Ispat Nigam chairman PK Bishnoi, the land is adequate to accommodate up to 20 million tones of steelmaking facility.

RINL currently has iron ore leases in Orissa, belonging to subsidiaries of theBird Group of Companies, which it now owns through a majority stake in the holding company.
(Economic Times)
Mines closure in Karnataka may force JSW, Tatas to halt work
Last week, when Sesa Goa, India's largestiron ore exporter, cut its revenue guidance for the current fiscal year due to tight ore supply from Karnataka, it spoke volumes about production problem at one of the largest mineral producing states of the country.

Karnataka, which accounts for a third of India's iron ore output, had to suspend operations in about 50 mines affecting supplies to a host of steelmakers and prompting large players such asJSW Steel andTata Metaliks to consider a stoppage in production.

The shuttering of the mines followed a survey by a court-appointed panel that found most of these mines, owned by private owners, operating without clear boundary sites, encroaching on forest land and dumping mineral waste outside their mines. This was in addition to an earlier directive by the state government to ban exports.

The closure has led to uncertainity about supplies of about 40 million tonnes of iron ore that comes from the region.Karnataka supplies iron ore to severalsteel plants such as JSW Steel, Tata Metaliks,Jindal Saw,Kirloskar Ferrous Industries andKalyani Steel. In his representation to the Karnataka government, JSW Steel CEO Vinod Nowal said that as the company's daily iron ore requirements is 53,000 tonnes and the company has stock of only 150,000 tonnes, operations at the plant could likely be stopped.

Tata Metaliks, the largest producer of foundry grade pig iron which supplies to automobile and engineering companies, said the closure notices issued by the department of mines and geology is ultra vires the Supreme Court order dated May 6, 2011, which did not stipulate stoppage of mining activities. "Iron ore has no substitute for the production of pig iron and our stock level will last for a very short period. The abrupt closure of mining in Bellary will result in complete stoppage of production at the plant," vicepresident Sudhin Mitter wrote to Central Empowered Committee chairman PV Jayakrishnan.

According to the Federation of Indian Mineral Industries, iron ore shipments from India, the world's third-largest exporter of the mineral, will fall to 64 million tones in the current fiscal year. Karnataka has 9 billion tonnes of reserves accounting for nearly 38% of India's deposits. The crackdown on illegal mining has come at a time when Karnataka has emerged as a much sought-after location for major global steel sector companies planning to make inroads into India.

The world's largest steelmaker ArcelorMittal and South Korea's Posco, which have faced delays in the progress of their greenfield projects in other states, have been considering Karnataka due to its pro-industrial policies. Several medium-size companies such asAdhunik Metaliks andVarun Industries too have laid out plans to set up steel and pig iron plants in the state. According to an Assocham report the Indian steel industry has invested about .`70,000 crore based on supplies of ore from the Bellary-Hospet region.

The tight supplies of iron ore have already led to a steep rise in the prices of iron ore. This will put a pressure on the margins of the steel and consumer goods companies which are grappling with expensive coking coal, another key element for steelmaking.
(Economic Times)


Coal India not afraid of losing monopoly: NC Jha

Brushing off fears that commercial mining in coal sector may erode its monopoly and profitability, CIL on sunday said it is geared up to face the challenge and would welcome any such move to open up the sector for private investment. The government is considering re-introduction of a bill to amend the existing Act governing coal mining for allowing private sector in the space and is likely to convene a meeting of a ministerial panel soon.

"The proposal if approved will only strengthen us removing whatever inefficiencies we have as CIL will have to face competition from other players. We are well prepared for it and are not scared of losing our monopoly," Coal IndiaChairman N C Jha told PTI in an interview. Power, Steel etc sectors have already been opened up for private sector and the PSUs are performing well there, he said adding, under such circumstances any such move to bring about reforms in the sector would benefit CIL.

"With the market getting competitive there would be no restrictions on us and we can sell the coal at competitive rates, increasing prices too if required," Jha said. The government has already constituted a Group of Ministers (GoM), headed byFinance Minister Pranab Mukherjee, to consider re-introduction of a bill to amend the Coal Mines (Nationalisation) Act, 1973.

The Act governing the sector allows only PSUs to undertake mining besides permitting private firms to extract coal for captive use. The bill to amend the Act to allow private participation has been pending in Parliament for the last 10 years for want of political consensus amid opposition by trade unions. Earlier, Coal Minister Jaiswal had said the government, as part of the energy sector reforms, is trying to evolve a consensus on commercial coal mining to promote development of the sector.

After nationalisation of the coal mines in 1973, the mining in the sector is done exclusively by the public sector companies, with Coal India accounting for over 82 per cent of the production. The private sector is allowed coal mining for meeting their captive requirements in sectors like power, steel and cement etc.

The need to liberalise the sector was also felt in the wake of widening demand-supply gap of the dry-fuel. According to government estimates, India faces a supply shortage of142 million tonnes of coal, with the requirement of 696 million tonnes in the current financial year.

In the next 20 years, import dependence can go up to 55 per cent of the demand, as per Coal Ministry estimates.

(Economic Times)


Sesa Goa taking steps to prevent mining mishaps
Sesa Goa, a subsidiary of Vedanta Resources admitted that consent under the Air and Water (Prevention and Control of Pollution) Act was not granted for its mine at Mulgao village, whose tailing wall collapsed last week inundating several fields.

A company statement said that “The company had applied for renewal of consent from the Goa State Pollution Control Board and the same is under process.”

Around 500 paddy growers and 30 horticulture plantations were affected after silt rushed through the farms. One person was washed away due to the flow of water but was later rescued by locals.

A company spokesman said the company will be preparing a detailed report to avoid mining mishaps during monsoons.

The spokesman referring to the mishap at Mulgao on July 16 said that “Our company is committed to ensuring a speedy resolution in a transparent manner. Despite following our best mine management practices, owing to the extraordinarily heavy rains that the State received recently, a settling pond breached.”

He said that “Our teams have been working fervently, right after the incident, to ensure fast and effective assistance is offered to those affected.”

Company officials have said that adequate measures have been taken to contain the situation and to ensure that similar incidents do not recur in future at any of Sesa Goa’s mines.

The spokesman further said that “Presently, technical experts are conducting an extensive study and will submit a comprehensive report along with an infallible plan for the future. The damage to agricultural property is being assessed in consultation with the local community and state government officials. In addition to adequate compensation for crop loss, Sesa Goa will assist the local community in cultivation activities and will aid in the restoration of the affected agricultural properties.”

(Steel Guru)
Goa mining industry not averse to mining corridor – Association

The iron ore exporters in Goa on Saturday said they were not averse to funding the construction of mining corridors dedicated roads for the transport of ore, bypassing villages and towns provided that the state government linked them with jetties.

Mr Glenn Kalavampara secretary of Goa Mineral Ore Exporters Association said that the industry was not averse to funding the project, but it needed an assurance that the entire stretches of corridors, up to the jetties, would be built.

Mr Kalavampara said that "The state government also needs to take various permissions from the Union Ministry of Environment and Forests and other ministries, which is expected to take some time... This has possibly made investors cautious.”

The Goa government recently said the industry had not shown any interest in backing the corridors financially. The government has planned two corridors in South Goa. The work of initial phase of the first project has already been awarded.

According to GMOEA, if the industry were to invest in the project, it should be given a time frame for completion. Also, the toll collection system should be in place.

The mining companies have also said their consent for corridors does not come with the condition of expediting industry's various applications for approvals, which are pending with the state government.
(Steel Guru)
Indian iron ore mining mess - Lokayukta likely to disclose names

The final report of the Karnataka Lokayukta is likely to disclose names of the high and mighty behind the iron ore theft at Belekeri and Karwar ports in 2010.

According to sources, the Lokayukta has dug out names of some influential politicians and mine owners who illegally shipped seized iron ore worth several crores of rupees from these ports abroad. The Lokayukta’s revelation will come as a major embarrassment to the CID, which has failed to expose the real culprits behind the theft.

The CID, after conducting an investigation into the case, found workers of some mining companies responsible for the act. But its charge sheet against these workers was struck down by the court.

The Lokayukta team headed by Mr UV Singh had raided the ports and seized about 800,000 tonnes of iron ore that was illegally mined and transported in March 2010. However, about 500,000 tonnes of seized ore was shipped out illegally in two months.

The then DCF of Karwar Gokul had taken steps to file a case in the court. But a cabinet minister prevented him from doing so, besides bringing pressure on the government to suspend the officer. The government, in the meanwhile, ordered a CID probe into the issue.

Nevertheless, the Lokayukta team continued its own investigation into the issue. The team is learnt to have found the involvement of an influential legislator and some close aides of a cabinet minister in the case.
(Steel Guru)
MMTC allowed to renew iron ore supply contracts with Japanese, South Korean and Chinese mills news 22 July 2011
The union cabinet has approved a proposal to renew long-term agreements for supply of iron ore and has authorised Metals and Minerals Trading Corporation (MMTC) to supply iron ore to Japanese, South Korean and Chinese steel mills.
The renewal of the long-term agreement authorises MMTC to export iron ore (lumps and fines) of grade +64 per cent Fe content to Japanese steel mills and POSCO of South Korea for another 3 years (ie till 2014).
The cabinet at its meeting on 30 March 2006 had authorised MMTC to engage in fresh long-term agreements (LTAs) with Japanese steel mills, South Africa's POSCO and Chinese steel mills for supply of iron ore for a period of five years (2006-2011).
The long-term agreements entered into by MMTC during the year 2006-11 expired on 31 March 2011. Japanese steel mills have, meanwhile, formally requested to renew these agreements with effect from 1 April 2011.
Coffee exports up 55 pc in June
Coffee exports soared by nearly 55 per cent in June this year to 40,000 tonnes owing to robust international demand.
In comparison, data released by the Coffee Board showed that shipments of the bean totalled 25,710 tonnes in the same month of 2010.
(Exim India)
Govt nod for importing 40,000 t of rubber
The Union government has permitted the import of 40,000 tonnes of natural rubber at a concessional duty of 7.5 per cent, it is learnt.
It may be recalled that a similar quantity of rubber import was allowed last year.
Although the government has fixed Customs duty of 20 per cent or Rs 20 a kg, whichever is lower, for imports in excess of 40,000 tonnes, rubber growers have taken exception to the move on the grounds that it would bring down retail prices.
(Exim India)


Kolkata Port Trust to seek bids for terminal at Diamond Harbour

The Kolkata Port Trust will invite bids for the container terminal facility at Diamond Harbour. The development follows the recent settlement of land issues between the Centre and the port authorities.

Mr ML Meena chairman of CPT on the sidelines of an event organised by the Confederation of Indian Industry said that “We are issuing the request for qualification documents for the container terminal facility at Diamond Harbor.”

He said the facility would have a natural depth of nine metres without dredging. This will substantially reduce the freight cost and turnaround time for vessels.

The terminal will constitute four ship jetties and three barge jetties, with an estimated capacity to handle 1.6 million TEUs annually.

The INR 1,233 crore projects got stuck when defense authorities refused to part with 43 acres that was critical for the project. Garden Reach Shipbuilders and Engineers the local shipbuilder under the defense ministry was planning to utilize the land to set up its own facilities.
(Steel Guru)
Regulator hikes dry-docking, safety survey fees for ships
India’s maritime regulator has sharply increased a processing fee collected from shipowners seeking extensions for dry-docking and other mandatory safety surveys on ships. Apart from the routine annual maintenance, a ship has to undergo dry-docking twice in five years and a special survey every four years to be allowed to operate, under rules framed by the International Maritime Organization, the global maritime regulator.
But with the shipping market in the doldrums due to overcapacity and rising costs, shipowners have been deferring such dry-docking and surveys, which cost Rs.5-6 crore depending on the condition, type, size and age of the ship, said a Mumbai-based shipping industry executive, who declined to be named. “Timely completion of mandatory surveys is essential for the safety of the ship,” wrote Aji Vasudevan, a deputy chief ship surveyor and senior deputy director general, technical, at the directorate general of shipping, in a 20 July circular.
The directorate, he wrote, is flooded with requests from shipowners seeking to postpone dry-docking or surveys in a “routine manner and without proper justification”.“Some of these applications are ineligible for consideration and processing of these cases and related correspondence take away considerable time and resources of the directorate,” Vasudevan wrote, adding that extension requests for dry-docking or surveys due to “commercial or unjustified reasons are to be discouraged/eliminated”.
Processing fee for an application seeking an extension of up to one month for ships of up to 500 gross tonnage (gt) will now cost Rs.25,000. This used to be Rs.1,500 earlier. For heavier ships, the fee will be Rs.25,000 plus Rs.10,000 for every additional 500 gt or part thereof, subject to a maximum of Rs.1 lakh.
For extensions beyond one month, the fee will be twice the above subject to a maximum of Rs.2 lakh, the circular said. The Indian National Shipowners’ Association, or Insa, a local lobby group of shipowners, says lack of adequate dry-docking slots in India was the main reason behind requests seeking extensions.
“Our main problem is that adequate dry-docking facilities are not available in India. This becomes a major hurdle for us,” said Anil Devli, chief executive of Insa. “In fact, regardless of the market conditions, shipowners will do everything to ensure that their ships are dry-docked and surveyed on time to get employment. Otherwise, the ships will lose insurance cover and they become non-tradable.”
J.C. Anand, chairman of the Indian Register of Shipping, which verifies ships for their seaworthiness, too, said India is short of dry docks. “Ships are taken from here to Colombo and Dubai for dry-docking and repairs,” he said.

Georgia Maritime Transport Department CONCENTRATED INSPECTION CAMPAIGN (CIC).

22 JULY 2011

Concentrated Inspection Campaign (CIC) will commence with
the cooperation of Black Sea Memorandum of Understanding on Port
State Control. In this Circular the requirements of the CIC are
provided together with guidelines for how to comply.

Ship Owners / Managers / Operators / Surveyors

The Concentrated Inspection Campaign (CIC) of Georgia MTD will focus on the following items:
1. Structural Safety of vessels; and
2. Compliance with the relevant regulations of the International Convention on Load Lines.
The CIC will be conducted jointly with Black Sea MOU from September 1st to November 30th, 2011 on all vessels
irrespective of type or size.
The aim of the campaign is to verify compliance with the relevant regulations.
The CIC is in two parts, the first include examination of relevant certificates where as the second include a survey
on board the vessel. In the second part it is included the examination of spaces, operational test of hatch covers,
openings of closing devices and watertight doors. Added to these, special consideration will be given to the
carriage of grain and other bulk cargoes together with stowage of timber deck cargoes as these are directly related
to stability and the International Convention of Load Lines as amended.
DBS encourages involved parties to carry out the Self Inspection Questioner (SIQ) as attached to this Circular in
order to check compliance with all relevant rules and regulations. It is important to note that no inspection shall
result in the detention of a vessel.

ATTACHMENT - Self Inspection Questioner (SIQ)
Georgia MTA Concentrated Inspection Campaign (CIC) on Structural Safety and the
International Convention on Load Lines
A valid International Load Line Certificate (including
exemption) is available on board as per ICLL Article 16
A valid Cargo Ship Safety Construction Certificate
(including exemption) is available on board as per
Stability and strength information available on board
as required by regulation 3.6.2 of the IS Code
A stability instrument is available on board as required
by regulation 4.1 of IS Code
Satisfactory protection of hatch openings and other
openings on deck as per ICLL Regulations 14, 15, 16,
18, 19 & 21
Sea valves and overboard discharges, including their
attachment to shell are in satisfactory condition (refer
to ICLL Regulations 22 & 23)
Condition of hull, bulkheads and deck is satisfactory
Means of protection for crew and means of access
appear to be acceptable as per ICLL Regulation 25
Freeing ports appear to be satisfactory as per ICLL
Regulation 24
Load Line Mark and Lines correspond to the issued
valid Certificate on board
Load Line Mark and Lines at the side of the vessel are
in accordance with ICLL Regulations 5, 6, 7 & 8
It is verified (as far as possible) that the vessel is not
submerged further the Load Line Mark and Lines.
Other items related with load line and the structural
integrity of the vessel found in satisfactory condition
NOTE: In case that any of the above requirements is not being addressed, this will result in detention of the vessel.




Sesa Goa expects FY-12voulume growth to slip to 15-16%
Sesa Goa , India's largest iron ore exporter , expects sales volume to slow down to 15 to 16 percent in the current fiscal year as exports remain suspended from its operations in the southern state of Karnataka, its managing director said on Friday.

"While the ban on exports has been lifted, the Karnataka government is not issuing permits for shipmenst," Prasun Mukherjee said on a conference call to investors. Earlier this year, the company had forecast volume growth of up to 20 percent for the year ending next March.

Sesa said late on Thursday its net profit fell 35 percent in the June quarter profit in the absence of exports from Karnataka.
(Economic Times)
Brazil set to double mining royalties on iron ore – Report

Brazil is set to double royalty payments on iron ore production as part of an overhaul of the country's mining laws that gives the government a greater stake in natural resource development.

President Mr Dilma Rousseff is expected to move two laws to Congress next month, which will include a new mining code and regulatory agency as well as changes to mining royalties.

The proposed changes would allow the government to capitalize on higher prices for mineral commodities, especially iron ore. Iron ore prices have skyrocketed in recent years, thanks to intense demand from China the world's largest steelmaker and consumer of iron ore. The proposed changes to royalties for iron ore, one of the country's largest commodity exports, would increase payments to 4% from 2% of sales revenue. The law would cap royalty payments at 10% of a company's revenue.

Brazilian mining giant mining giant Vale SA, the world's largest producer and exporter of iron ore, would be hardest hit by the changes. Vale didn't return phone calls seeking comment on the report.

Analysts have said that higher mining royalties would affect companies EBITDA.

Shares of local mining companies fell on the report, with Vale declining 0.3% at the open to BRL 46.01. Small iron ore producer MMX Mineracao e Metalicos also slipped 0.2% to BRL 8.78 on the report.

Brazil generated about BRL 1.1 billion in mineral royalties in 2010, with that total expected to rise to BRL 1.3 billion in 2011.
(Steel Guru)

JSW Energy puts Ratnagiri plans on hold due to high coal prices
The rising price of coal has forced JSW Energy Ltd to put a 2,000 megawatts (MW) capacity expansion plan at Ratnagiri on hold.
The power producer will plan future projects on assured domestic coal linkages, vice-chairman and managing director Sajjan Jindal said on the sidelines of its annual shareholder meeting.“Long-term contracts are not a solution as prices have to be renegotiated all the time,” Jindal said. “The only way forward is for the government to give coal linkages and we expect to hear something on this front shortly.”
Even owning coal mines abroad doesn’t help as coal has to be brought into the country at benchmark prices, he said.
Over the past year, ICE Rotterdam coal price has risen more than 26% to $124.35 per tonne, according to Bloomberg data. JSW Energy needs about 10 million tonnes of coal each year and imports all its requirement. The company has two units producing 300MW each at Ratnagiri. A third 300MW unit started production in May, while a fourth unit of similar capacity is close to commissioning. JSW Energy had planned to add another 2,000MW.
The company declared a 42% fall in stand-alone net profit for the June quarter compared with a year earlier despite growing sales, mainly owing to rising expenses.Stand-alone net profit for the three months ended 30 June fell to Rs.190.26 crore from Rs.327.20 crore, while net sales rose 27% to Rs.1,119.26 crore.Total expenses soared 84% to Rs.856.07 crore, with a 77% rise in fuel costs doing most of the damage.
Other expenses also more than doubled to Rs.65.04 crore from Rs.25.50 crore. The company’s stock fell 6.6% to Rs.71 on the Bombay Stock Exchange, while the benchmark Sensex index fell 0.4%.
JSW Energy said it plans to take various measures to mitigate the impact of rising imported coal prices and reduce fuel costs in the coming quarters, without elaborating.

Corn exports may rise over four times to 3 m tonnes
DRIVEN by high international prices and with quality issues sorted out, the country's corn exports could shoot up more than four times to over three million tonnes in the year to September 30, from the previous period’s low levels, a US trade official said here recently.
A representative of the US Grains Council (USGC) pointed out that India had already exported over 2.5 million tonnes after a record output of 20.2 million tonnes this crop year. "We are still in the marketing year and can easily make it more than three million tonnes," he reckoned.
Being the second-largest grower in Asia after China, India generally sells around two to three million tonnes of corn a year in the international market, amounting to about 90 million tonnes. However, last season exports had plunged to 7,00,000 tonnes owing to drought and crop damage brought about by inclement weather.
(Exim india)

Paradeep Phosphates launches New projects worth Rs 600 crore

Buoyed by an about 33 per cent jump in profits during 2010-11, fertiliser major Paradeep Phosphates Ltd (PPL) has launched new projects worth Rs 600 crore to substantially raise capacities and efficiencies at its different plants. "With a total income of Rs 3,630.64 crore, the company earned Rs 239.18 crore as profit before tax during 2010-11 as compared to Rs 179.73 crore in the previous year," PPL Managing Director Sharad S Nandurdikar told reporters here.

Similarly, profit after tax (PAT) increased to Rs 177.08 crore last fiscal, as against Rs 151.55 crore in the previous year, a rise of about 18 per cent, he said.
In view of the growing demand for nutrients and favourable atmosphere, a host of new projects are underway for enhancing the capacity and efficiency of PPL's sulphuric acid plant, phosphoric acid plant and fertiliser plant, Nandurdikar said.

Furthermore, additional residential and township facilities are at different stages of implementation. All these projects will be completed in the next three years, he said. The estimated cost would be around Rs 600 crore and on completion, the company plans to achieve a plant capacity of 15,00,000 tonnes annually, the PPL MD said, adding this would be part-financed through internal generations and partly through debt, which is in the process of being tied up.

Stating that the overall agricultural scenario for the country remained favourable during 2010-11, with good rainfall and demand for fertilisers, he said timely declaration of subsidy under the new nutrient-based subsidy policy ensured adequate availability of fertilisers during the year. With the reduced government subsidy, there was an upward movement in the MRP of fertilisers within a manageable range, without affecting consumption, Nandurdikar said.

Globally, there was a challenge faced in management of supply chain logistics due to load-port problems, Middle-East disturbances, piracy in the Suez and the destruction created by the earthquake and tsunami in Japan, he said. Referring to sales, Nandurdikar said apart from the sale of 11.69 lakh MT of its own manufactured DAP and complexes and 5 lakh MT of gypsum, PPL sold 1.18 lakh MT of imported MOP and 1.6 lakh MT of imported DAP.

A new grade of complex fertiliser, NPK (15:15:15:09), was produced and marketed during the year with an encouraging response from channel partners and customers. The company achieved a sales turnover of about Rs 24 crore from selling crop protection chemicals under the brand name, 'NAVRATNA', in a few states, he said, adding, "In the years to come, we expect to cover more areas with more products".

Despite problems of raw material availability due to logistics issues during the year, PPL produced a total of 12 lakh MT of fertilisers, comprising 6.6 lakh MT of DAP and 5.4 lakh MT of complexes of NPK, Nandurdikar said. With respect to intermediary products, PPL's production of sulphuric acid and phosphoric acid stood at 6.7 lakh MT and 2.4 lakh MT, respectively.

(Economic Times)

Iran warns of stopping exports
Iran warned India that it would stop exporting oil from August 1 if a financial dispute over payment was not resolved, according to an Iranian news agency. National Iranian Oil Co. (NIOC), the state oil firm that supplies around 12 per cent of India’s oil imports, had reportedly set the deadline in a letter dated June 27 to Indian refiners.
Iran, facing increased isolation internationally, and energy-hungry India have been looking to resolve an impasse triggered in December when the Reserve Bank of India (RBI) ended a regional clearing mechanism under US pressure.
Iran says India owes it $ 5 billion for oil imports in recent months. Earlier this year, Germany allowed India to pay for the oil via Hamburg-based EIH bank, which handles international trade for Iranian companies.
But India halted that conduit in early April after discussions with German Chancellor, Ms Angela Merkel, and EIH has since come under EU sanctions


Acier, métaux ET DES MINES
Sesa Goa s'attend FY-12voulume la croissance de glisser à 15-16%
Sesa Goa, en Inde le plus important exportateur de minerai de fer, s'attend volume des ventes de ralentir à 15 à 16 pour cent dans l'exercice en cours, les exportations restent suspendues à partir de ses opérations dans l'Etat méridional du Karnataka, son directeur général, a déclaré vendredi.
«Bien que l'interdiction des exportations a été levé, le gouvernement du Karnataka n'est pas la délivrance de permis pour les shipmenst," Prasun Mukherjee a déclaré à une conférence téléphonique pour les investisseurs. Plus tôt cette année, la société avait prévu une croissance des volumes allant jusqu'à 20 pour cent pour l'année se terminant Mars prochain.
Sesa a déclaré jeudi soir que son bénéfice net a chuté de 35 pour cent dans les profits trimestre Juin en l'absence d'exportations de Karnataka.
(Economic Times)
Le Brésil devrait doubler redevances minières sur le minerai de fer - Rapport
Le Brésil est appelée à doubler les redevances sur la production de minerai de fer dans le cadre d'une refonte des lois minières du pays qui donne au gouvernement une plus grande participation dans le développement des ressources naturelles.
Monsieur le Président Dilma Rousseff est prévu de passer deux lois au Congrès le mois prochain, qui comprendra un nouveau code minier et organisme de réglementation ainsi que les changements aux redevances minières.
Les changements proposés permettraient au gouvernement de capitaliser sur la hausse des prix des matières premières minérales, notamment le minerai de fer. Les prix du minerai de fer ont grimpé en flèche ces dernières années, grâce à une demande forte de la Chine le plus grand sidérurgiste mondial et de la consommation de minerai de fer. Les changements proposés à des redevances pour le minerai de fer, l'une des exportations du pays le plus grand des matières premières, serait d'augmenter les paiements à 4% contre 2% du chiffre d'affaires. La loi serait bouchon paiements de redevances à 10% du chiffre d'affaires d'une entreprise.
Brésilienne minier géant minier Vale SA géant, le plus grand producteur et exportateur mondial de minerai de fer, seraient les plus durement touchées par les changements. Vale n'a pas retourné les appels téléphoniques demandant des commentaires sur le rapport.
Les analystes ont dit que les redevances minières supérieur aurait une incidence sur les entreprises du BAIIA.
Les actions de sociétés minières locales est tombé sur le rapport, avec Vale baisse de 0,3% à l'ouverture à BRL 46,01. Petit producteur de minerai de fer MMX Mineracao e Metalicos également glissé de 0,2% à 8,78 BRL sur le rapport.
Le Brésil a généré environ 1,1 milliards de BRL redevances minières en 2010, avec ce total devrait s'élever à 1,3 milliards de BRL en 2011.
(Acier Gourou)
JSW Energy met plans Ratnagiri en attente en raison du prix du charbon de haute
La hausse du prix du charbon a forcé JSW Energy Ltd de mettre un 2000 mégawatts (MW) plan d'expansion des capacités à Ratnagiri en attente.
Le producteur d'énergie sera de planifier des projets à venir sur l'assurance liens charbon domestique, vice-président et directeur général de Sajjan Jindal a déclaré en marge de son assemblée annuelle des actionnaires. "Contrats à long terme ne sont pas une solution que les prix doivent être renégociés tous les temps, "Jindal dit. «La seule façon d'avancer est pour le gouvernement de donner les liens du charbon et nous nous attendons à entendre quelque chose sur ce front très prochainement."
Même posséder des mines de charbon à l'étranger ne permet pas que le charbon doit être introduit dans le pays au prix de référence, at-il dit.
Durant l'année écoulée, le prix du charbon à Rotterdam ICE a augmenté de plus de 26% à 124,35 $ la tonne, selon les données de Bloomberg. JSW Energy a besoin d'environ 10 millions de tonnes de charbon par an et importe toutes ses exigences. La société possède deux unités de production 300MW chacun à Ratnagiri. Une troisième unité de production de 300 MW a commencé en mai, tandis qu'un quatrième unité de capacité similaire est proche de la mise en service. JSW Energy avait prévu d'ajouter un autre MW 2000.
La société a déclaré une baisse de 42% en stand-alone bénéfice net pour le trimestre Juin par rapport à un an plus tôt malgré des ventes en croissance, principalement en raison de la hausse expenses.Stand-alone bénéfice net pour les trois mois clos le 30 Juin est tombé à Rs.190.26 crore à partir de Rs.327.20 crore, les ventes nettes ont augmenté tandis 27% à Rs.1, 119.26 dépenses crore.Total grimpé de 84% à Rs.856.07 crore, avec une hausse de 77% en coûts de carburant faisant le plus de dégâts.
Les autres charges a également plus que doublé pour Rs.65.04 crore Rs.25.50 crore partir. Les actions de la compagnie ont chuté de 6,6% à Rs.71 sur la Bourse de Bombay, tandis que l'indice de référence Sensex a chuté de 0,4%.
JSW Energy a déclaré qu'elle envisage de prendre diverses mesures pour atténuer l'impact de la hausse des prix du charbon importé et réduire les coûts de carburant dans les trimestres à venir, sans plus de précisions.
Les exportations de maïs pourraient augmenter de plus de tonnes m quatre fois à 3
ENTRAINEMENT par des prix internationaux élevés et avec des problèmes de qualité triés, les exportations de maïs du pays pourrait prendre jusqu'à quatre fois plus que à plus de trois millions de tonnes dans l'année au 30 Septembre, à partir de faibles niveaux de la période précédente, un responsable du commerce américain a déclaré récemment.
Un représentant de l'US Grains Council (USGC) a souligné que l'Inde avait déjà exporté plus de 2,5 millions de tonnes, après une production record de 20,2 millions de tonnes cette année-récolte. "Nous sommes encore dans la campagne de commercialisation et peut facilement faire plus de trois millions de tonnes», il comptait.
Etre le deuxième plus grand producteur en Asie après la Chine, l'Inde vend généralement autour de deux à trois millions de tonnes de maïs par an sur le marché international, s'élevant à environ 90 millions de tonnes. Toutefois, les exportations ont plongé la saison dernière à 7,00,000 tonnes grâce à la sécheresse et les dégâts aux cultures provoqués par les intempéries.
(Exim India)
Phosphates Paradeep lance de nouveaux projets Rs 600 crore vaut
Porté par un saut d'environ 33 pour cent de bénéfices au cours 2010-11, les engrais majeurs Paradeep Phosphates Ltd (PPL) a lancé de nouveaux projets Rs 600 crore vaut d'accroître sensiblement les capacités et efficacités de ses usines différentes. «Avec un revenu total de Rs 3,630.64 crore, la société a gagné Rs 239,18 crore que le bénéfice avant impôts en 2010-11 par rapport à Rs 179,73 crore de l'année précédente», Nandurdikar PPL Directeur Général a déclaré Sharad S ici.
De même, le bénéfice après impôts (PAT) a augmenté de Rs 177,08 crore dernier exercice, contre Rs 151,55 crore de l'année précédente, soit une hausse d'environ 18 pour cent, at-il dit.
Compte tenu de la demande croissante de nutriments et de l'atmosphère favorable, une foule de nouveaux projets sont en cours pour renforcer la capacité et l'efficacité du PPL usine d'acide sulfurique, l'usine d'acide phosphorique et d'usine d'engrais, Nandurdikar dit.
Par ailleurs, d'autres installations résidentielles et du canton sont à différents stades de mise en œuvre. Tous ces projets seront achevés dans les trois prochaines années, at-il dit. Le coût estimé serait d'environ Rs 600 crore et à l'achèvement, la société prévoit de réaliser une capacité de production de 15,00,000 tonnes par an, le MD PPL dit, ajoutant que ce serait en partie financé à travers les générations interne et en partie par l'endettement, qui est dans le processus d'être ligoté.
Déclarant que le scénario global agricole pour le pays est resté favorable au cours de 2010-11, avec une bonne pluviométrie et de la demande pour les engrais, il a dit la déclaration en temps opportun des subventions sous la politique de subvention des nutriments à base de nouvelles assuré la disponibilité adéquate d'engrais durant l'année. Avec la subvention du gouvernement réduit, il y avait un mouvement à la hausse du MRP d'engrais dans une fourchette gérable, sans affecter la consommation, Nandurdikar dit.
Globalement, il y avait un défi à relever dans la gestion de la chaîne logistique en raison de la charge des problèmes de port, au Moyen-Orient perturbations, la piraterie dans le canal de Suez et la destruction créé par le séisme et le tsunami au Japon, at-il dit. Se référant à la vente, a déclaré Nandurdikar en dehors de la vente de 11,69 MT lakh de ses propres DAP fabriqués et complexes et 5 MT de lakh de gypse, PPL a vendu 1,18 MT de lakh de MOP importés et 1,6 Mt de lakh de DAP importé.
Un nouveau grade d'engrais complexes NPK (15:15:15:09), a été produite et commercialisée pendant l'année avec une réponse encourageante de partenaires et clients. La société a réalisé un chiffre d'affaires d'environ Rs 24 crore de la vente de produits chimiques de protection des cultures sous le nom de marque, «Navratna ', dans quelques États, at-il dit, ajoutant:« Dans les années à venir, nous nous attendons à couvrir plus de zones avec plus de produits ".
Malgré les problèmes de disponibilité des matières premières en raison de problèmes logistiques pendant l'année, PPL a produit un total de 12 Mt de lakh d'engrais, comprenant 6,6 Mt de lakh de DAP et de 5,4 Mt de lakh de complexes de NPK, Nandurdikar dit. En ce qui concerne les produits intermédiaires, la production PPL de l'acide sulfurique et d'acide phosphorique s'est établi à 6,7 et 2,4 MT de lakh lakh Mt respectivement.
(Economic Times)
L'Iran avertit l'arrêt des exportations
L'Iran a averti l'Inde qu'elle cesserait exportateurs de pétrole du 1er août si un différend financier sur le paiement n'a pas été résolu, selon une agence de nouvelles iranienne. National Iranian Oil Co. (NIOC), l'entreprise pétrolière d'Etat qui fournit environ 12 pour cent des importations de pétrole de l'Inde, aurait fixé la date limite dans une lettre datée du 27 Juin au raffineurs indiens.
L'Iran, face à l'isolement accru au niveau international, et avides d'énergie en Inde ont cherché à résoudre une impasse déclenchée en Décembre quand la Reserve Bank of India (RBI) a terminé un mécanisme de compensation régionale sous la pression américaine.
L'Iran affirme que l'Inde doit son 5 milliards de dollars pour les importations de pétrole ces derniers mois. Plus tôt cette année, l'Allemagne a permis l'Inde à payer pour le pétrole via basée à Hambourg EIH Bank, qui gère les échanges internationaux pour les entreprises iraniennes.
Mais l'Inde a enrayé cette canalisation au début avril, après des discussions avec la chancelière allemande, Mme Angela Merkel, et a depuis EIH relèvent sanctions de l'UE
EXPÉDITION, commerce et transport.

Emergency towing arrangement and procedures


Emergency towing arrangement for tankers is extended to all ship
types. Based on revised SOLAS, all ships must have a ship-specific
emergency towing procedure prepared by owners/operators based on
the guidelines of MSC.1/Circ.1255.

Ship Owners / Consultants / Surveyors / Auditors


Cargo ships constructed on or after January 1, 2010 together with passenger ships irrespective of year of build have
already implemented emergency towing procedures required by the revised Regulation 3-4 of SOLAS II-1.
Nevertheless, based on the same regulation, tankers above 20,000 DWT also comply with this new requirement and
the design and construction of emergency towing arrangements should be approved following guidelines of
Based on Resolution MSC.256(84) adopted on May 16, 2008 the following applies:
“Ships shall be provided with a ship-specific emergency towing procedure. Such a procedure shall be carried
aboard the ship for use in emergency situations and shall be based on existing arrangements and equipment
available on board the ship”.
This new requirement applies to all types of ships and the ship-specific emergency towing procedure shall be
prepared based on MSC.1/Circ.1255 guidelines.
According to the new adopted regulation of SOLAS II-1/Reg 3-4(2.3) the following procedures shall be included:
1. Drawings of fore and aft deck indicating possible emergency towing arrangements;
2. Inventory of equipment on board that can be used for emergency towing;
3. Means and methods of communication; and
4. Sample procedures to facilitate the preparation for and conducting of emergency towing procedures.
Although the emergency towing procedure shall not be approved by DBS, the procedure will be part of the safety
emergency management system for emergency preparedness as required by ISM Paragraph 8 of Part A. Hence, the
new implemented procedure shall be verified during ISM audits.
URGENCE DE REMORQUAGE entente et des modalités

Remorquage d'urgence pour les pétroliers accord est étendu à tous les navires

types. Basé sur la Convention SOLAS révisée, tous les navires doivent avoir un navire-spécifiques

remorquage de secours intérieur préparé par les propriétaires / exploitants basés sur

les directives de MSC.1/Circ.1255.

Armateurs / Consultants / Experts / comptes
Mise en œuvre existante

Les cargos construits à partir du 1 Janvier, 2010 avec les navires à passagers indépendamment de l'année de construction ont

déjà mis en œuvre les procédures d'urgence de remorquage requis par le règlement révisé 3-4 de la Convention SOLAS II-1.

Néanmoins, basé sur la même réglementation, les pétroliers-dessus de 20.000 DWT également se conformer à cette nouvelle exigence et

la conception et la construction des dispositifs de remorquage d'urgence doit être approuvé des lignes directrices suivantes

MSC.35 (63).


Basé sur la résolution MSC.256 (84) adoptée le 16 mai 2008, le suivant s'applique:

«Les navires doivent être munis d'une procédure d'urgence spécifiques à ce navire de remorquage. Une telle procédure doit être effectuée

à bord du navire pour une utilisation dans des situations d'urgence et doit être fondée sur les dispositions existantes et de l'équipement

disponibles à bord du navire ".

Cette nouvelle exigence s'applique à tous les types de navires et la procédure d'urgence spécifiques à ce navire de remorquage doit être

préparé sur la base des lignes directrices MSC.1/Circ.1255.

Selon le nouveau règlement adopté la Convention SOLAS II-1/Reg 3-4 (2.3) les procédures suivantes doivent être incluses:

1. Dessins de l'avant et pont arrière indiquant une possible urgence dispositions de remorquage;

2. Inventaire des équipements à bord qui peut être utilisé pour le remorquage d'urgence;

3. Moyens et méthodes de communication;

4. Exemples de procédures pour faciliter la préparation et la conduite des procédures de remorquage d'urgence.


Bien que la procédure d'urgence de remorquage ne doit pas être approuvé par DBS, la procédure sera le cadre de la sécurité

système de gestion d'urgence pour les mesures d'urgence tel que requis par l'ISM Le paragraphe 8 de la partie A. Par conséquent, la

nouvelle procédure de mise en œuvre doit être vérifiée lors des audits ISM.




Two important amendments have been implemented to the
International Code for Fire Safety Systems (FSS Code). The first one
includes an explanation on the application of the Code where as the
second amendment includes new specifications for smoke detection
systems. Both come in force from January 01, 2012.

Ship Owners / Managers / Surveyors

According to Resolution MSC.292(87) adopted on May 21, 2010 the following new sentence shall be added after
paragraph 1.2 of Ch 1/1 of FSS Code:
“However, amendments to the Code adopted after 1 July 2002 shall apply only to ships the keels of which are laid
or which are at a similar stage of construction, on or after the date on which the amendments enter into force,
unless expressly provided otherwise”.
The above additional paragraph aims to clearly indicate that the Code applicability is based on the keel laying date
following a number of discussions and questions if amendments are applicable to new ships only.
Based on Resolution MSC.292(87), Chapter 10 of FSS Code has been amended as a whole. In the revised Chapter,
there are new specifications for smoke detection systems which include but not limited to the following items:
1. Revised application;
2. New general requirement including new formula for the sampling intervals;
3. New component requirements;
4. Revised installation requirements;
5. Revised sampling pipes requirements;
6. Revised system control requirements; and
7. Revised testing requirements.
The above revised Chapter is applicable to all passenger ships with more than 12 passengers and keel-laying after
January 01, 2012. Added to this, revised Chapter is also applicable to all new or existing ships of 500 GT or above
and keel-laying after January 01, 2012.

circular regarding electricity cuts across the Cyprus island resulting in communication difficulties.

Following the tragic events at the naval base “Evangelos Florakis” on
Monday July 11, 2011 there have been electricity shortages all over
the island and communication difficulties.

DBS Regional Offices / Surveyors / Ship Owners / Managers / Operators


Due to electricity cuts all over the island since last Monday 
there have been difficulties with communication and
inability to receive and respond to emails and telephone calls. 
Dromon Bureau of Shipping (DBS) would like to inform regional offices, employees and officers to take this into consideration for future communication with the Headquarters of the Organization.