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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, 14 January 10
INDIANS RESUME S. AFRICA COAL BUYING AGAINST INDEX - REUTERS
Indian trade buyers have resumed buying of South African prompt coal cargoes after a two-month hiatus but are opting for index-linked pricing, hopin ...
Wednesday, 13 January 10
STEAMING COAL SUPPLY SPOT CONTRACT FOR TAEAN POWER PLANT
COALspot.com (South Korea): Korea Western Power Co., Ltd is looking for total 1.12 million tons of Bituminous Coal for TAEAN Power Plant.
Accord ...
Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE
Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, ...
Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15 vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – ...
Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...
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- Ministry of Mines - Canada
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- Indian Energy Exchange, India
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- Parliament of New Zealand
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- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
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- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
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- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
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- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
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- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Posco Energy - South Korea
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- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
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- Heidelberg Cement - Germany
- MS Steel International - UAE
- Attock Cement Pakistan Limited
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- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
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- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
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- Georgia Ports Authority, United States
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- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
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- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
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- Trasteel International SA, Italy
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- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
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- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
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- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
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- Ministry of Transport, Egypt
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- Wilmar Investment Holdings
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- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
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- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Australian Coal Association
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- White Energy Company Limited
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- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
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- PetroVietnam Power Coal Import and Supply Company
- LBH Netherlands Bv - Netherlands
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- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
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