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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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Thursday, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...
Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...
Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...
Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...
Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
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- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
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- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
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- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
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- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
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- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
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- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
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- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
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- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
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- The University of Queensland
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- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
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- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
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- Tamil Nadu electricity Board
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- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
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- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
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- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Bhatia International Limited - India
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