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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, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
Tuesday, 09 March 10
STRONG REBOUND IN ALL THE DRY BULK SEGMENTS THIS WEEK
There was a strong rebound in all the dry bulk segments this week, leading to an 18% jump in the Baltic Dry Index.
The Cape and Panamax markets s ...
Tuesday, 09 March 10
L&T POWER EYEING COAL MINES IN AUS, INDONESIA
L&T Power Development Company, a part of the Larsen & Tubro Group, plans to acquire coal mines in Australia and Indonesia, a top company off ...
Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010 ...
Monday, 08 March 10
KPCL TO IMPORT 0.9 MILLION TON OF 6000 GCV COAL
COALspot.com: India's Karnataka Power Corporation Ltd is seeking to import 0.9 million metric tons of 6000 kcal/kg (adb) Gross Calorific Value stea ...
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- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
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