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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, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...
Tuesday, 08 December 09
HIGH GLOBAL COAL PRICES HIT POWER PROJECTS
Spot prices for the fuel have appreciated almost 10% in November.
After a sedate year, rising coal prices could hit the coffers of import-based d ...
Monday, 07 December 09
HOW INDIA CAN CUT ITS ENERGY NEEDS BY 20%!
Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Pa ...
Monday, 07 December 09
ASIA COAL POWER IN INDONESIA DISCUSSES NEW MINING LAW, COAL AND POWER SECTORS AS INVESTMENTS POUR INTO COALMINES TO SECURE SUPPLIES
COALspot.com (Singaproe): Press Release - Asia Coal Power pinpoints growing power demand in Asia & Power sector investments in Indonesia's coal ...
Monday, 07 December 09
DRY BULK RATES' VOLATILITY TO STAY, BUT RECOVERY IS UNDERWAY SAYS ION VAROUXAKIS HEAD OF FREESEAS
In an interview with Hellenic Shipping News, Mr. Ion G. Varouxakis, Chairman of the Board, President and CEO of Nasdaq-listed Freeseas, explains why ...
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- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
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