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Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first time as surging electricity demand prompted diversification of purchases, an official said.
The first cargo of fuel will be imported in a capesize, a vessel that has a carrying capacity of at least 110,000 deadweight tons, the company official said, asking not to be named because of confidentiality agreements. The company is negotiating a long-term contract, he said, declining to identify the mine and provide quantities.
Colombia’s Cerrejon, the world’s largest open-pit mine producing coal for export, may make its first sales to India this year, Leon Teicher, the venture’s chief executive officer, said in an interview this month. The project started shipping fuel through the Panama Canal and on other routes to China after prices became “much better” than those in Europe, he said.
Colombian coal may land in Mundra and Dahej ports on India’s west coast because they can handle capesizes, the Adani official said.
BHP Billiton Ltd., Anglo American Plc and Xstrata Plc each own a third of Cerrejon, which will produce 31 million to 32 million tons of coal in 2010. Last year, the mine cut production because of weak demand in Europe and the U.S.
Indian thermal coal imports surged last year to a little less than 60 million metric tons from about 30 million in 2008, Macquarie Group Ltd. said in a report in March. India plans to almost double electricity generation capacity by 2012, when the shortage of coal will exceed 200 million tons.
India received 6.06 million tons of coal, which is used to produce electricity and as feedstock to make steel, in February from suppliers in Australia, Indonesia and South Africa, port data showed. That compares with a monthly average of 4.9 million tons a year earlier, India’s coal ministry said.
Source: Bloomberg (By Archana Chaudhary and Dinakar Sethuraman --With assistance by Heather Walsh. Editors: Ang Bee Lin, Clyde Russell.)
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Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...
Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...
Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
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- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Planning Commission, India
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- The University of Queensland
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
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