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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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Saturday, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued ...
Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial ...
Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country' ...
Saturday, 23 May 09
INTERNATIONAL COAL VENTURES PVT LTD FORMED - INDIA SERVER
National Thermal Power Corporation Limited (NTPC Ltd), the largest thermal power generating company of India, has entered into a joint venture with ...
Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion ...
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- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
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