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Thursday, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
 Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakhapatnam and Gangavaram due to non-availability of railway rakes.
This is causing concern to several power houses and steel plants as well as a large number of traders, dependent on coal imports through these ports.
The rake shortage has been caused by slump in arrival of iron ore rakes at the ports, following the Orissa Government's crackdown on illegal mining and pilferage of iron ore in the State's Keonjhar and Nayagarh districts. Following the crackdown, the mining, loading and transportation of iron ore from these districts have come to a halt. As a result, fewer iron ore rakes are now arriving at the ports. The rakes which carry iron ore for exports to the ports are generally used for back-loading of imported cargo, mostly coal, and evacuation of the cargo out of the ports.
Accumulated stock
Paradip is holding about 1.5 million tonnes (mt) of imported coal -- about six lakh tonnes (lt) for power houses and another three lakh tonnes or so for steel plants and the balance for traders. The Visakhapatnam port is holding 1.1 mt, including three lakh tonnes of steam coal used by power houses. The accumulation on account of SAIL alone will be more than five lakh tonnes and the balance for companies such as Vedanta, Tata, Adhunik, Jaiswal Nicco and other plants located in western Orissa.
Gangavaram is holding about eight lt, which is likely to increase by 3.8 lt or so with the arrival of two vessels within the next few days. The bulk of the coal imported through Gangavaram is meant for power houses in Andhra Pradesh and Maharashtra and captive power units of cement plants in these two States.
Paradip port can back-load up to 12 rakes a day but with fewer iron ore rakes now arriving at the port, not more than five to six rakes are available. Visakhapatnam port needs 12-13 rakes a day for back-loading but gets only 9-10 rakes. Gangavaram port's requirement is estimated at seven rakes a day but the availability is around 4-4.5, including three which are dedicated rakes for operation on dedicated circuits.
The problem could have been mitigated to some extent if the Railways had moved empty rakes to these ports to evacuate the accumulated cargoes. “While we do place empty rakes at ports from time to time depending on the exigencies, it is not in our interest to move the empties on large scale, particularly during this time of the year when the demand for wagons is high,” say Railway sources.
Source: The Hindu Business Line - By:Santanu Sanyal
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Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct.
The cape index was down by almost 13 pct, which appears to be s ...
Saturday, 10 April 10
KRISHNAPATNAM PORT GROWS BY ALMOST 100% IN ITS SECOND YEAR OF OPERATIONS
COALspot.com ( Press Release): It has been a year of setting numerous records for Krishnapatnam Port. Krishnapatnam Port is only in its second year ...
Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY
Manila Standard Today reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. ...
Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy
Little fresh interest early this week after the holidays. The BSI saw yest ...
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- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- MS Steel International - UAE
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