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Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for 40,000/10 pct steam size in June 2009. South African coal being offered to Pakistan at US$ 85.00 / 87.00 levels.
" Due higher freight from South Africa to Pakistan, the cement mills in Pakistan are preferring now to go back to Indonesia where sea freight still at US$16/17 levels and coal price is in mid sixties ( US$65.00) fob basis and which is worked out to US$ 82 / 83 CIF Pakistan", said Mr.Muhammad Najib Balagamwala, Chairman of Seatrade Pakistan, the single largest coal importer in Pakistan.
“The demand of coal is still high despite 12 - 13 handy max vessels or about 450,000 – 600,000 MT of coal are expecting to arrive in June and we expect another 12 - 13 handy max vessels in July” added Mr. Najib.
Out of 13 vessel in June and 12 vessels in July, total 20 vessel load cargo is imported by Seatrade for their Clients in Paksitan.
The demand for coal is increasing in Pakistan as pakistan moving ahead to produce 35 million tons of cement in 2009. Hence the imports of coal is expected to touch 3,8 – 4 million ton in 2009.
Flame, an European coal trading house is supplying Bukit Asam’s coal to Pakistan. Bukit Asam’s coal loading terminal is located in Sumatra island which is having freight advantage to Pakistani buyers. In addition to lower freight from Tarahan coal terminal, Bukit Asam’s coal also containing higher calorific value which is preferred by cements mills in Pakistan.
However, chairman of Seatrade is of the view that, south African prices will come down in end June / July to reasonable levels and then south African coal price on CIF Paksitan basis, become more competitive and affordable.
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Thursday, 11 August 11
INDO TAMBANGRAYA 1H NET PROFIT SOARS 53.09%
Coal miner PT Indo Tambangraya Megah Tbk (ITMG) today reported a 53.09% jump in net profit for the first 6 months of this year on the back of higher ...
Wednesday, 10 August 11
KILLARA RESOURCES TO ACQUIRE SIX COAL CONCESSIONS OF TASON HOLDINGS
COALspot.com - Killara Resources Limited, an Australian listed company has formed PT Tavesco Killara Energy (TKE), a joint company with PT Tavesco I ...
Wednesday, 10 August 11
RESOURCE NATIONALISM IS MAIN BUSINESS RISK FOR MINING SECTORS, E&Y SURVEY
Resource nationalism is top of the business risk list for mining and metals companies around the world, while supply capacity constraint issues cont ...
Wednesday, 10 August 11
INDONESIAN COAL MINING ASSOCIATION OPPOSES LOW-GRADE COAL EXPORT BAN
COALspot.com - The Indonesian Coal Mining Association (ICMA) frowns on and challenges the government plan to ban the low-grade coal export inf ...
Wednesday, 10 August 11
ABM INVESTAMA TO OFFLOAD 20% IPO
Integrated coal mining PT ABM Investama, affiliated company of Tiara Marga Trakindo Group, aims to dispose 20% stake during an initial public offeri ...
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- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Planning Commission, India
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- GMR Energy Limited - India
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Eastern Coal Council - USA
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
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