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Thursday, 13 November 14
COAL MINISTER WANTS INDIA TO STOP COAL IMPORTS IN TWO OR THREE YEARS
COALspot.com: India to ramp up coal production to a billion tonnes by 2019 from its current level of 490 million tones. According to Power and Coal Minister of India Piyush Goyal “ It is clearly doable, it is not a fanciful target.”
India the third largest coal producers in the world after China and US and one of the world’s largest coal importer, may be able to stop thermal coal imports in the next three years if the coal India, the state owned and the world largest coal miner able to increase its coal production to 1 billion ton per annum by 2019.
Indian government has asked Coal India, to increase its coal output to 1 billion tonnes by 2019 to feed existing and upcoming power plants.
"I'm very confident of achieving these targets and am very confident that India's current account deficit will not be burdened with the amount of money we lose for imports of coal," Mr. Goyal told a conference, media reports says.
The minister , according to media reports, added that, "Possibly in the next two or three years we should be able to stop imports of thermal coal”. He even went a step further and said the country should make efforts to become an exporter of coal by drawing up a clear roadmap for the same.
If India able to produce 1 billion tons of coal by 2019 and stops coal imports, the global physical coal prices will face downward pressure. Indian coal imports rose to 168.4Mmt last fiscal year, and the government estimated earlier this year that the domestic shortage would range between 185 and 265 million tonnes by 2016/17.
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Wednesday, 19 November 14
SHIPPING MARKET INSIGHT - BY KATERINA RESTIS
The current Ebola outbreak in West Africa has been declared as a worldwide health emergency by the World Health Organization and has had a great im ...
Tuesday, 18 November 14
VALEMAX DEAL TO DETERMINE DRY BULK MARKET'S FATE - DREWRY MARITIME RESEARCH
Vale’s accord to sell and lease four Valemax vessels to COSCO might have negative repercussions on dry bulk freight rates. Vale has committed ...
Tuesday, 18 November 14
SUB-BIT FOB INDONESIA COAL SWAP DELIVERY Q2' 2015 CLOSED AT $ 49.55; DOWN 4.10% M-O-M
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, gained week on week and day on day.
The Q1 swap has lost US ...
Tuesday, 18 November 14
FOB RICHARDS BAY COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT $ 66.31; UP 1.33% W-O-W
COALspot.com: API 4 FOB Richards Bay Coal swap for Q1’ 2015 delivery has gained US$ 0.27 (+0.41%) month over month and US$ 0.87 (+1.33%) week ...
Tuesday, 18 November 14
CHEAP OIL PRICES COULD RESHAPE GLOBAL OIL EXPORTING MAP - HELLENIC SHIPPING
Tanker owners have enjoyed a rather healthy 2014, but as the year draws to a close, the fall of oil prices is bound to reshape traditional, as well ...
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- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- The University of Queensland
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Trasteel International SA, Italy
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
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