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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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Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks ...
Friday, 29 May 09
INDIKA EYES MORE ACQUISITIONS - THE JAKARTA POST
Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...
Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...
Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa .
Indian imports of South Afr ...
Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
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- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Planning Commission, India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- The University of Queensland
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Australian Coal Association
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
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