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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, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...
Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
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- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Minerals Council of Australia
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
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