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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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Saturday, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS
Handy
Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnag ...
Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman ...
Friday, 27 May 11
LARGER DRY BULK CARRIERS LEAD BDIS RALLY THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Larger dry bulk vessels have kept on leading the market’s rise this week, with the BDI (Baltic Dry Index) rising by a more than healthy 3.43% ...
Wednesday, 25 May 11
70 PERCENT OF HARUMS PRODUCTION SOLD - BISNIS INDONESIA
Coal producer PT Harum Energy Tbk claimed that out of this year's total production target of 10 million tons, 70% or 7 million tons had been sold, ...
Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would ...
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- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- MS Steel International - UAE
- White Energy Company Limited
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Planning Commission, India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- The University of Queensland
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Economic Council, Georgia
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
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