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Saturday, 30 August 14
INDIAN GOVERNMENT SHOULD TAKE NOTICE: THERMAL COAL IMPORT PRICES EXTREMELY LOW - COMMODORE RESEARCH
COALspot.com: Both Indonesian and Australian thermal coal prices are at the lowest levels seen this decade, with Indonesia's monthly benchmark thermal coal price last marked at approximately $70/ton and Australian thermal coal currently selling for approximately $69.50/ton, said Commodore Research & Consultancy in its latest analysis report. These are the lowest levels seen this decade. In addition, the average daily price to charter a panamax vessel now stands at $6,941/day, which is only slightly higher than operating costs.
According to Jeffrey Landsberg, Managing Director of Commodore Research, Indian power plant coal stockpiles have now fallen below 9 million tons, which is a critically low level that is the lowest amount seen in twenty-three months and India is in dire and immediate need of more thermal coal. Commodore Research further noted that, at the same time, Indian electricity demand continues to surge and growth in hydropower production remains much lower than seen in previous years, as India has experienced a much weaker than normal monsoon season this year.
Commodore Research is in view that, there is one favorable element on the side of the Indian government however. Thermal coal import prices are at the lowest level seen this decade and panamax shipping costs are also still low. The time for India to take advantage of low thermal coal import prices (and currently low panamax shipping rates) is now. While India's government has had to contend with critically low power plant coal stockpiles, the nation is very fortunate that both thermal coal import prices and panamax shipping rates are low.
India's citizens should not be left without power. Fortunately for the nation, India's domestic coal supply shortage is coinciding with an environment that is extremely advantageous for thermal coal imports.
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Sunday, 07 September 14
FREIGHT MARKET CONTINUED TO BE FIRM IN SPITE OF CAPE'S THIS WEEK'S WEAK PERFORMANCE
COALspot.com: BDI up by 0.7 pct week on week and closed at 1155 points this week. The Baltic Dry Index is a composite of three sub-indexes that mea ...
Sunday, 07 September 14
SHIPMANAGERS SUPERVISION CONTRACT FOR NEWBUILDS - BIMCO
Shipmanagers are frequently called upon by their owner clients to supervise newbuilding projects on their behalf. The scope of the manager’s ...
Saturday, 06 September 14
SLOW COAL EXPORT REGISTRATION RAISES CONCERNS - THE JAKARTA POST
Several coal mining companies have yet to receive the go-ahead from the Energy and Mineral Resources Ministry to obtain exporting licenses, leading ...
Saturday, 06 September 14
DRY BULK MARKET'S PROSPECTS ARE IMPROVING, DESPITE WEAK SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been rebounding during the past month, with the Baltic Dry Index (BDI) ended the week on a high note, reaching 1,155 points ...
Saturday, 06 September 14
INDONESIA WANTS TO REGULATE COAL DEALS - THE TELEGRAPH INDIA
Indonesia has raised concerns about suspected coal deals struck between overseas buyers and its unregistered domestic miners, the telegraph India r ...
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- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Planning Commission, India
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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