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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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Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...
Tuesday, 12 July 11
DRY BULK MARKET BEGINS WEEK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was evident by the end of the previous week, the dry bulk market’s growth momentum was about to lose steam, something proven yesterday, whe ...
Monday, 11 July 11
REFLECTIONS ON THE FLEET REACHING ONE BILLION TONNES - CLARKSONS / HELLENIC SHIPPING
“A billion gross tonnes of shipping” has a nice ring to it. It presents the industry as a business of substance, with its 85,000 ships w ...
Sunday, 10 July 11
UNTR PROVIDES US$100 MIO TO TTA - INSIDER STORIES
PT United Tractors Tbk (UNTR) agreed to allocate US$100 million to its coal subsidiary dubbed PT Tuah Turangga Agung (TTA).The US$100 million was pa ...
Sunday, 10 July 11
HARDLY ANY CARGO FROM WC INDIA UNTIL END OF MONSOONS - VISTAAR
COALspot.com - The BDI continued to hold last week and firmed up by 27 points with cape and panama index supporting the BDI.
The BDI closed at 1, ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Planning Commission, India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Economic Council, Georgia
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- The University of Queensland
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- MS Steel International - UAE
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
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