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Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in Karachi port, coal carrying vessels were suffering berthing delay, which caused additional cost for importers of coal, pakistan traders said.
In addition to berthing delay at Karachi port, RBCT – Karachi, sea freight has also gone up and now touching US$ 19.00 / 20.00 PMT for 6000 SHINC discharge rate for handy max vessel. Indonesian to Karachi coal freight which were at US$ 11.00 / 12.00 level for 8000 / 6000 SHINC discharge rate are now touching US$ 17.00 / 18.00 Seatrade officials, the leading coal importer in pakistan said. Subsequently, landed cost of imported coal has increased by 10 - 15% compare to early this year.
Seatrade a leading coal importer, is importing coal from Indonesia as well as South Africa and sea trade’s main suppliers were Coal & Oil company of Dubai and Gelncore International. Indonesian state owned coal mining company PT. PTBA, is also supplying coal to Pakistan through International Trading houses.
Separately a trading source said, a vessel load of Indonesian coal is in dispute between European supplier and Pakistani buyer, which already laying at Karachi port. Cargo has been discharged at Karachi port early April, but the buyer has refused to take delivery of cargo due to quality difference between load port and disport. Our sources further said, the cargo is still laying at Karachi port under court order.
Apparently Pakistani buyer is looking for discount to accept the cargo. Supplier and buyer is still negotiating to settle this issue amicably. However, till solve the dispute between disputed parties, the cargo may be lay at port which may caused heavy penalty from port authority to importer and further fall in quality of coal.
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Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks ...
Friday, 29 May 09
INDIKA EYES MORE ACQUISITIONS - THE JAKARTA POST
Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...
Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...
Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa .
Indian imports of South Afr ...
Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
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- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Planning Commission, India
- Aditya Birla Group - India
- The University of Queensland
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
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