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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, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...
Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...
Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...
Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...
Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will ...
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- Indonesian Coal Mining Association
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- Renaissance Capital - South Africa
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- Energy Link Ltd, New Zealand
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- Altura Mining Limited, Indonesia
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- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
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- Eastern Energy - Thailand
- White Energy Company Limited
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- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- Planning Commission, India
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- Kapuas Tunggal Persada - Indonesia
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- Commonwealth Bank - Australia
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- Vijayanagar Sugar Pvt Ltd - India
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- PNOC Exploration Corporation - Philippines
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- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
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- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
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- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
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- Africa Commodities Group - South Africa
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- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Bhatia International Limited - India
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- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
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- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
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- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
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- Economic Council, Georgia
- Star Paper Mills Limited - India
- Australian Coal Association
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- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
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- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
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- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Larsen & Toubro Limited - India
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- Indian Energy Exchange, India
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- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
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