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Wednesday, 09 July 14
INDIAN GOVERNMENT ADVISED POWER UTILITIES TO INCREASE COAL IMPORTS
 COALspot.com: The government of India has advised power utilities to increase coal imports to meet fuel shortages and those that have fuel supply pacts with CILBSE -4.60 % to lift coal under "as is where is" scheme by arranging their own logistics, as reported by Economic Times.
According to Economic Times, "In order to ensure adequate availability of coal, Coal India Ltd BSE -4.60 % (CIL) has been impressed upon to enhance production of domestic coal in the country and power utilities have also been advised to enhance import of coal," Coal and Power Minister Piyush Goyal said in a written reply to the Rajya Sabha.
The supply of coal to power sector from CIL during the April-June period was 88.66 MT as against the target of 101.61 MT. In order to meet this shortfall of around 12.95 million tons, power Utilities were advised to import coal, as reported by paper.
According to Coal and Power Minister of India during the 2014-15 fiscal, as against domestic coal requirement of 527 MT, availability of domestic coal is 473 MT, leaving a shortfall of 54 MT. The minister further added, "During the period April-May, 2014 power utilities have imported 7.6 MT against pro-rata target of 9.0 MT," said Economic Times.
India is already a net coal importer and importing coal from all coal producing countries like US, Colombia, Russia, South Africa, Australia and Indonesia. Indonesia is the largest coal supplier of India. Indian cement, paper and private power producers consumed Indonesian coal since 1992/1993.
Increase of imported coal usage in India might help to correct the current international coal prices upward, a coal trader from India said. The potential increase of coal imports from current level in to India in near future is also expected to help to heal the freight market at least to survival level from current critical level. However, there is no sign of sudden jumps in coal inquiries from India.
The Ministry of Energy & Mineral Resources of Indonesia again revised down the coal bench mark price in July. HBA for month of July sets at US$ 72.45 which is US$ 1.19 lower than last month HBA. The declared Indonesian Coal Price Reference for this month is the lowest since November 2009.
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Sunday, 20 July 14
THE FREIGHT MARKET CONTINUED ITS DOWNWARD TREND
COALspot.com: The market continued its downward trend this week as all segments were down compared to last week. The Cape and Panamax indices being ...
Friday, 18 July 14
3RD CHINA INTERNATIONAL SHALE GAS SUMMIT
Building on the massive success of the past 2 shale gas programs that has generated huge success by attracting 500+ industry players, and intrig ...
Friday, 18 July 14
US WEEKLY COAL PRODUCTION UP BY 1.4% TO 18.3 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 17 July 14
PANAMAX : MARKET HAS COOLED DOWN AGAIN TO LOW AND DEPRESSED LEVELS
Handy
The supra market remains pretty flat in the Atlantic while for the smaller sizes there has been little reported with ships chasing business ...
Thursday, 17 July 14
INDIAN GOVERNMENT WISE TO TAKE ADVANTAGE OF CURRENTLY LOW THERMAL COAL PRICES AND SHIPPING RATES - JEFFREY LANDSBERG
With thermal coal import prices (and also shipping rates) very low at present, India's government would be very wise to take advantage of curre ...
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- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Australian Coal Association
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
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