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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, 14 April 14
CHINA'S MEASURES TO STIMULATE ECONOMY'S GROWTH COULD OFFER ROOM FOR STABILITY IN SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Since the outbreak of the 2008-crisis, the shipping industry, in most of its aspects, i.e. dry bulk and tanker markets alike, has been dealing w ...
Sunday, 13 April 14
INDONESIA TO INDIA FREIGHT MARKET DECLINE CONTINUES
COALspot.com: The freight market continued to drop this week and BDI almost touched 1000 points. BDI closed at 1002 points fell 16.85 pct week o ...
Saturday, 12 April 14
HOW DO YOU CALCULATE LOSS OF EARNINGS FOLLOWING A COLLISION? - INCE & CO
KNOWLEDGE TO ELEVATE
The recent case of Astipalaia vs Hanjin Shenzhen [2014] EWHC 120 (Admlty) has revisited the existing case law on asses ...
Friday, 11 April 14
US COAL PRODUCTION IN MARCH INCREASED 9.69% TO 82.6 MMST MONTH ON MONTH
COALspot.com – United States the world's second largest coal producer, produced approximately 19.10 million short tons (mmst) of coal ...
Thursday, 10 April 14
DRY BULK MARKET IS RISING CLAIMS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the recent fall of the Baltic Dry Index (BDI), when one compares the first quarter of 2014, to similar quarters of the recent past, it i ...
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- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Romanian Commodities Exchange
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
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