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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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Monday, 04 April 16
INDONESIA CS57 COAL INDEX SLIDES SLIGHTLY WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin fell 0.07 percent week over week to averaging $38.88 per ton on this past Friday, ac ...
Monday, 04 April 16
CAPE INDEX JUMPED 70% WEEK ON WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 01 April 16
ASSESSING THE DRY BULK MARKET AT ROCK BOTTOM - CLARKSONS
While the opening months of the year are typically a weak period for the dry bulk market, the downturn so far this year has been severe. Earnings h ...
Friday, 01 April 16
NINE AM - TIME TO GET AN INDONESIAN LANGUAGE VERSION OF YOUR CHARTERPARTIES - CLYDE & CO
KNOWLEDGE TO ELEVATE
For several years, Indonesian law (Article 31, Law Number 24 of 2009) has required that memoranda of understanding (" ...
Friday, 01 April 16
U.S. COAL PRODUCTION UP SLIGHTLY WEEK OVER WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11.6 million shor ...
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- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- PTC India Limited - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- White Energy Company Limited
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Parliament of New Zealand
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
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