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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, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
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- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Minerals Council of Australia
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Australian Coal Association
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- The University of Queensland
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
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