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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, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
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- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
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