We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 20 May 09
THE WORLD'S TOP COAL TRADING COMPANIES - REUTERS
.jpg) The international physical steam coal market has become increasingly liquid and tradeable during the past five years.
Physical global seaborne coal trade is likely to be over 700 million tonnes in 2009, up from 500 million in 2004, and to keep growing as world demand for coal rises, led by China and India.
End-users still buy the majority of their coal under term contracts but spot trade has boomed and changed in nature during the past two years.
As recently as 2007, most spot trades were simple bilateral deals involving two counterparties. The entry of traders, banks, funds and brokers into the market led to much greater liquidity. Chains of multiple counterparties are becoming the norm.
These new players are also seeking cleared trading of coal swaps and physical cargoes, to introduce some of the tools and methods long-established in the oil market.
Electronic trading platform globalCOAL has over 300 members but there are probably only 25-30 companies actively trading physical coal internationally, traders said.
Swiss-headquartered global commodity giant Glencore has dominated physical trade for over a decade but coal is now attracting other heavyweight oil traders such as Vitol, Trafigura and Mercuria.
Banks have been established players in coal swaps for several years but are becoming more active physical traders.
Morgan Stanley , Merrill Lynch and Macquarie Bank trade in both the Atlantic and Pacific markets. RBS Sempra, the joint trading venture between Royal Bank of Scotland and Sempra Energy were hampered by credit issues earlier this year but have more of a market presence now, traders said.
Since its acquisition of Constellation's coal trading team, Goldman Sachs has expanded its already active coal swaps business into a growing physical coal book.
EDF Trading, the London-headquartered subsidiary of Electricite de France, was the first European utility to develop a substantial coal trading book several years ago.
EDFT is one of the world's largest traders of physical coal and coal swaps, an example being emulated by other utilities which have set up trading arms.
RWE is growing its European coal trading business with a new Singapore office, and has been participating in supply tenders in new areas. RWE won a large chunk of the recent tender awarded by Mexican state utility CFE.
Dusseldorf-based E.ON Trading, a subsidiary of E.ON, the world's largest utility by sales, also aims to branch out from buying coal for its plants' consumption by setting up a separate coal trading book and team to trade physical coal and derivatives.
PHYSICAL COAL TRADING COMPANIES:
GLENCORE is as much a producer as it is a trader of coal through its 35 pct stake in global miner Xstrata Plc, which has coal mining interests in Australia, South Africa, Canada and Colombia. Glencore subsidiaries also own 70 pct of South African miner Shanduka Coal.
CARGILL is a Geneva-headquartered global producer and marketer of food, agricultural, financial and industrial products. Coal is a small part of Cargill's business but the group has been buying stakes in coal mines and developing an Atlantic and Pacific trading book for the past few years.
NOBLE GROUP, headquartered in Hong Kong, trades coal among other commodities. Noble is bidding to buy Australian miner Gloucester Coal Ltd.
VITOL GROUP, one of the world's largest oil traders, began trading coal in 2005 and has become one of the most active players in the Atlantic and Pacific markets. Vitol's turnover was $191.17 billion in 2008.
TRAFIGURA, also one of the world's largest independent oil traders, with turnover of $73 billion in 2008, recently hired two ex-Noble Group coal traders to start a coal book.
MERCURIA ENERGY GROUP LTD, one of the top 5 independent energy traders, already trades coal swaps and is seeking to hire physical coal traders.
LOUIS DREYFUS HIGHBRIDGE ENERGY LLC is headquartered in the U.S. and trades coal among other oil and energy products.
BULK TRADING SA is one of the Lugano-based independent trading companies which have been active players in coal trade globally for many years.
FLAME SA, established in 2003, is another Lugano-based independent energy trader active in Atlantic and Pacific physical coal trade.
PEABODY ENERGY is the world's largest private-sector coal company with 2008 revenues of $6.6 billion. Peabody trades physical coal and swaps from offices in the U.S., UK and in Asia.
UTILITY TRADERS OF PHYSICAL COAL:
EDF TRADING, London-based trading arm of Electricite de France.
RWE Supply & Trading, headquartered in Essen, Germany with offices in the UK and across Europe, acts as the hub of the RWE group's energy trading activities including gas, power and coal.
Dutch utility NUON, although a relatively small European utility compared to E.ON and EDF, became one of the most active traders of coal swaps and physical coal.
Essent, another Dutch utility, has been increasing its physical and swaps coal trade via its Swiss-based trading office.
BANK TRADERS OF PHYSICAL COAL:
MACQUARIE GROUP has been growing its physical and swaps trading business from offices in Australia and the UK.
Others are:
RBS Sempra Energy, Goldman Sachs, Morgan Stanley, Merrill Lynch
Deutsche Bank is due to start a physical coal trading book in June from its London offices.
Source: http://www.reuters.com/article/marketsNews/idUSLI62998020090519?sp=true
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 12 May 09
BANPU'S PROFIT DOUBLES TO RECORD AFTER SALES JUMP - BLOOMBERG
BANPU Pcl, Thailand’s biggest coal producer, reported first-quarter profit more than doubled to a record after higher prices for the fuel boos ...
Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near ...
Monday, 11 May 09
SOUTH AFRICA PROBLEMS SLOW INDIA COAL BUYING - MINE WEB
Indian imports of South African coal are likely to be close to 12 million tonnes in 2009, up from 10 million last year.
Indian coal buyers were a ...
Saturday, 09 May 09
THE WEEK SAW BIT OF HECTIC ACTIVITY IN THE FREIGHT MARKET - VISTAAR SHIPPING
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, one of the experienced ship operator in Singapore, said, the week saw bit of hectic ac ...
Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure sup ...
|
|
|
Showing 6761 to 6765 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
|
| |
| |
|
