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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, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- The University of Queensland
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Bangladesh Power Developement Board
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- MS Steel International - UAE
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
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