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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, 25 January 10
MINING GROUPS MAY SEEK JUDICIAL REVIEW OF 2009 LAW
Indonesia’s mining associations said on Wednesday that they planned to seek a judicial review of the 2009 Mining Law this year if they are una ...
Monday, 25 January 10
INDONESIAN GOVERNMENT TO ISSUE REGULATION FOR IMPLEMENTATION OF MINERAL AND COAL MINING BUSINESS ACTIVITIES LAW NO.4 / 2009 SOON
COALspot.com (Indonesia): The government regulation concerning implementation of mineral and coal mining business activities Law no.4 / 2009 is expe ...
Monday, 25 January 10
DUQM IWPP'S COAL REQUIREMENTS PROJECTED AT 3MT PER YEAR
Oman's first coal-fired Independent Water and Power Project (IWPP) planned at Duqm is envisaged to have a feedstock requirement of around 3 million ...
Monday, 25 January 10
THE FUTURES FOR CAPE, PANAMAX AND SUPRAMAX FOR THREE YEARS (2010 - 2012) WAS AT AROUND US$ 32,000, US$ 20,000 AND US$ 17,000 PER DAY RESPECTIVELY
COALspot.com ( Singapore): The freight market remained flat this week the market slight soft.
BDI INDEX
The BDI was down by 95 points and closed ...
Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal.
At the third Asian Min ...
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- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Australian Coal Association
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Sical Logistics Limited - India
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- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Planning Commission, India
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
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