COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES


VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same period last year.

Coal for both domestic consumption and export earned Vinacomin more than VND20 trillion.

Buyers were primarily China, Japan, Thailand, India, Malaysia, South Korea and Europe, said Tran Xuan Hoa, general director of the Viet Nam National Coal and Mineral Industries Group (Vinacomin).

Local consumption was 10.98 million tonnes, also equal to the same period last year.

Coal for both domestic consumption and export earned Vinacomin more than VND20 trillion (US$1.1 billion), of which VND12 trillion ($667 million) was from exports, Hoa said.

Vinacomin plans to export 3 million tonnes of coal this year. Despite its estimated 42 billion tonnes of coal reserves, the company is struggling to cater for steeply rising domestic energy demand of 17-20 per cent a year and plans to lower its export target.

Coal for China

Vinacomin was expected to export 10.5 million tonnes of coal to China for the second half of this year and the first quarter of next year, said Pham Minh Chau, head of Vinacomin's export department.

The coal utility would sell 2.5 million tonnes of fine anthracite coal to China through the Van Gia transhipment area in the northeastern province of Quang Ninh by directly signing contracts with Chinese companies. Coal could be exchanged for goods under these contracts, he said.

More than 336,000 tonnes of coal was sold through the Van Gia transhipment area from mid-May to mid-July at a price of $38 per tonne, representing 93.92 per cent of the volume signed with Chinese companies.

Of the figure, Hon Gai fine anthracite coal 11C accounted for 160,000 tonnes, the official added.

The Hon Gai fine anthracite coal 11A sold under contracts signed between the two governments was sold for $46 per tonne last June, Chau said.

Direct coal trading between Vietnamese and Chinese companies resumed last March after it was banned in May 2007 due to rampant coal smuggling in Quang Ninh.

Within a day in May 2007, 104 ships were seized in Van Gia for illegal coal transport because domestic prices were lower than international ones.

Chinese buyers were small companies in Guangxi province's Dongxing, the only port linking China and Viet Nam by both land and water, Chau said.

Now demand for coal is not as high as in early 2008 due to the global economic crisis, Chau said.

China, the world's largest coal producer and consumer, is expected to be a net coal importer for the first time in 20 years, as low prices in the international market and sluggish demand discourage exporters, according to analysts.

Several analysts have forecast that Chinese domestic coal prices, now hovering around $89 a tonne, could rise in the coming months on the back of summer demand and economic growth. China's power output rose on the year in June for the first time since last October, thanks to a pick-up in the economy and rising temperatures.

Supply has also been improving, as some of China's small coal mines are slowly returning to production, months after being shut down for strict safety inspections ordered by the central government.
Source: VietNamNet Bridge



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 31 August 09
INDIA MMTC ISSUE TENDER TO IMPORT 12.5 MMT COAL TO BE SUPPLIED OVER A PERIOD OF 12 MONTHS
COALspot.com (India): MMTC has re-issued a tender to import 12.50 Million Metric Tonnes (12.50 MMT) (+/- 2%) of thermal coal to be supplied over a p ...


Monday, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...


Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week. ...


Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...


Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal. Jakarta-based Emanuele ...


   1291 1292 1293 1294 1295   
Showing 6461 to 6465 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Star Paper Mills Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • TGV SRAAC LIMITED, India
  • ASAPP Information Group - India
  • GVK Power & Infra Limited - India
  • Fearnleys - India
  • Aditya Birla Group - India
  • Cement Manufacturers Association - India
  • PNOC Exploration Corporation - Philippines
  • Maybank - Singapore
  • Geoservices-GeoAssay Lab
  • Essar Steel Hazira Ltd - India
  • Sucofindo - Indonesia
  • Port Waratah Coal Services - Australia
  • Tamil Nadu electricity Board
  • Asian Development Bank
  • Lafarge - France
  • NALCO India
  • OCBC - Singapore
  • Indonesia Power. PT
  • Maheswari Brothers Coal Limited - India
  • PowerSource Philippines DevCo
  • Rashtriya Ispat Nigam Limited - India
  • Petron Corporation, Philippines
  • Goldman Sachs - Singapore
  • Formosa Plastics Group - Taiwan
  • Australian Commodity Traders Exchange
  • Cemex - Philippines
  • McKinsey & Co - India
  • SN Aboitiz Power Inc, Philippines
  • Idemitsu - Japan
  • Minerals Council of Australia
  • Pendopo Energi Batubara - Indonesia
  • Samtan Co., Ltd - South Korea
  • Asmin Koalindo Tuhup - Indonesia
  • Russian Coal LLC
  • Miang Besar Coal Terminal - Indonesia
  • Carbofer General Trading SA - India
  • Independent Power Producers Association of India
  • Toyota Tsusho Corporation, Japan
  • TNPL - India
  • Gresik Semen - Indonesia
  • Grasim Industreis Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Price Waterhouse Coopers - Russia
  • Kartika Selabumi Mining - Indonesia
  • Siam City Cement - Thailand
  • Barasentosa Lestari - Indonesia
  • HSBC - Hong Kong
  • Infraline Energy - India
  • IEA Clean Coal Centre - UK
  • Noble Europe Ltd - UK
  • Coeclerici Indonesia
  • Moodys - Singapore
  • Ministry of Finance - Indonesia
  • New Zealand Coal & Carbon
  • IHS Mccloskey Coal Group - USA
  • Xindia Steels Limited - India
  • Antam Resourcindo - Indonesia
  • Bangkok Bank PCL
  • Trasteel International SA, Italy
  • Kideco Jaya Agung - Indonesia
  • KPCL - India
  • Neyveli Lignite Corporation Ltd, - India
  • Savvy Resources Ltd - HongKong
  • UOB Asia (HK) Ltd
  • Total Coal South Africa
  • Maruti Cements - India
  • Posco Energy - South Korea
  • Medco Energi Mining Internasional
  • Arutmin Indonesia
  • Semirara Mining Corp, Philippines
  • Sarangani Energy Corporation, Philippines
  • Thai Mozambique Logistica
  • Leighton Contractors Pty Ltd - Australia
  • Inspectorate - India
  • TeaM Sual Corporation - Philippines
  • IMC Shipping - Singapore
  • Parliament of New Zealand
  • Surastha Cement
  • Altura Mining Limited, Indonesia
  • Economic Council, Georgia
  • Mercator Lines Limited - India
  • Xstrata Coal
  • Metalloyd Limited - United Kingdom
  • Peabody Energy - USA
  • SGS (Thailand) Limited
  • Parry Sugars Refinery, India
  • Karbindo Abesyapradhi - Indoneisa
  • KPMG - USA
  • Humpuss - Indonesia
  • Commonwealth Bank - Australia
  • Indian Oil Corporation Limited
  • JPMorgan - India
  • CNBM International Corporation - China
  • Iligan Light & Power Inc, Philippines
  • GAC Shipping (India) Pvt Ltd
  • Asia Cement - Taiwan
  • Timah Investasi Mineral - Indoneisa
  • Billiton Holdings Pty Ltd - Australia
  • Ministry of Mines - Canada
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Petrosea - Indonesia
  • globalCOAL - UK
  • Chettinad Cement Corporation Ltd - India
  • NTPC Limited - India
  • Coal and Oil Company - UAE
  • Planning Commission, India
  • GB Group - China
  • Coal Orbis AG
  • BRS Brokers - Singapore
  • Vizag Seaport Private Limited - India
  • Credit Suisse - India
  • Mitra SK Pvt Ltd - India
  • TANGEDCO India
  • Samsung - South Korea
  • Indonesian Coal Mining Association
  • Thomson Reuters GRC
  • Indian School of Mines
  • Therma Luzon, Inc, Philippines
  • Jatenergy - Australia
  • GMR Energy Limited - India
  • CCIC - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • PLN - Indonesia
  • Jindal Steel & Power Ltd - India
  • Romanian Commodities Exchange
  • Latin American Coal - Colombia
  • Energy Link Ltd, New Zealand
  • Oldendorff Carriers - Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • The Treasury - Australian Government
  • White Energy Company Limited
  • Enel Italy
  • Central Java Power - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • ACC Limited - India
  • Standard Chartered Bank - UAE
  • Sical Logistics Limited - India
  • Vale Mozambique
  • Merrill Lynch Commodities Europe
  • Arch Coal - USA
  • Mitsui
  • Global Business Power Corporation, Philippines
  • India Bulls Power Limited - India
  • CIMB Investment Bank - Malaysia
  • Indorama - Singapore
  • GNFC Limited - India
  • Makarim & Taira - Indonesia
  • U S Energy Resources
  • Runge Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Globalindo Alam Lestari - Indonesia
  • PLN Batubara - Indonesia
  • Rio Tinto Coal - Australia
  • Cigading International Bulk Terminal - Indonesia
  • Bharathi Cement Corporation - India
  • Malco - India
  • Bukit Makmur.PT - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Orica Australia Pty. Ltd.
  • Electricity Generating Authority of Thailand
  • Indo Tambangraya Megah - Indonesia
  • Mintek Dendrill Indonesia
  • The University of Queensland
  • Ince & co LLP
  • Tata Power - India
  • Larsen & Toubro Limited - India
  • BNP Paribas - Singapore
  • World Bank
  • SASOL - South Africa
  • Reliance Power - India
  • Heidelberg Cement - Germany
  • SMG Consultants - Indonesia
  • McConnell Dowell - Australia
  • Vedanta Resources Plc - India
  • Sindya Power Generating Company Private Ltd
  • Adaro Indonesia
  • Manunggal Multi Energi - Indonesia
  • Salva Resources Pvt Ltd - India
  • Adani Power Ltd - India
  • Cosco
  • Africa Commodities Group - South Africa
  • Argus Media - Singapore
  • Simpson Spence & Young - Indonesia
  • APGENCO India
  • Indian Energy Exchange, India
  • Sree Jayajothi Cements Limited - India
  • Kobe Steel Ltd - Japan
  • Coalindo Energy - Indonesia
  • VISA Power Limited - India
  • Mjunction Services Limited - India
  • Thailand Anthracite
  • Gujarat Electricity Regulatory Commission - India
  • Kepco SPC Power Corporation, Philippines
  • Deloitte Consulting - India
  • Panama Canal Authority
  • Rudhra Energy - India
  • Borneo Indobara - Indonesia
  • Ambuja Cements Ltd - India
  • MS Steel International - UAE
  • Bank of China, Malaysia
  • PetroVietnam
  • ETA - Dubai
  • Eastern Coal Council - USA
  • TRAFIGURA, South Korea
  • Meenaskhi Energy Private Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Directorate Of Revenue Intelligence - India
  • Gujarat Sidhee Cement - India
  • Petrochimia International Co. Ltd.- Taiwan
  • PTC India Limited - India
  • Ind-Barath Power Infra Limited - India
  • Riau Bara Harum - Indonesia
  • Bank of America
  • Inco-Indonesia
  • Tata Chemicals Ltd - India
  • Cebu Energy, Philippines
  • Mechel - Russia
  • Kumho Petrochemical, South Korea
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Japan Coal Energy Center
  • Wilmar Investment Holdings
  • Interocean Group of Companies - India
  • South Luzon Thermal Energy Corporation
  • Bulk Trading Sa - Switzerland
  • Mercuria Energy - Indonesia
  • WorleyParsons
  • Agrawal Coal Company - India
  • The India Cements Ltd
  • International Coal Ventures Pvt Ltd - India
  • Deutsche Bank - India
  • Shenhua Group - China
  • Bhushan Steel Limited - India
  • SMC Global Power, Philippines
  • Indogreen Group - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Bhatia International Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Bukit Baiduri Energy - Indonesia
  • Cargill India Pvt Ltd
  • Dalmia Cement Bharat India
  • Australian Coal Association
  • Madhucon Powers Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • CESC Limited - India
  • Coal India Limited
  • Global Coal Blending Company Limited - Australia
  • Binh Thuan Hamico - Vietnam
  • Anglo American - United Kingdom
  • Georgia Ports Authority, United States
  • Banpu Public Company Limited - Thailand
  • Freeport Indonesia
  • RBS Sempra - UK
  • Clarksons - UK
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Britmindo - Indonesia
  • DBS Bank - Singapore
  • OPG Power Generation Pvt Ltd - India
  • The State Trading Corporation of India Ltd
  • Glencore India Pvt. Ltd
  • Indika Energy - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Central Electricity Authority - India
  • Karaikal Port Pvt Ltd - India
  • Ernst & Young Pvt. Ltd.
  • Vitol - Bahrain
  • LBH Netherlands Bv - Netherlands
  • Gupta Coal India Ltd
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Wood Mackenzie - Singapore
  • Mitsubishi Corporation
  • Tanito Harum - Indonesia
  • Pinang Coal Indonesia
  • ICICI Bank Limited - India
  • SUEK AG - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Krishnapatnam Port Company Ltd. - India
  • ING Bank NV - Singapore
  • Orica Mining Services - Indonesia
  • Coaltrans Conferences
  • Jaiprakash Power Ventures ltd
  • Directorate General of MIneral and Coal - Indonesia
  • Shree Cement - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Cardiff University - UK
  • Maharashtra Electricity Regulatory Commission - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Straits Asia Resources Limited - Singapore
  • Chamber of Mines of South Africa
  • SRK Consulting
  • Videocon Industries ltd - India
  • Renaissance Capital - South Africa
  • Merrill Lynch Bank
  • Vijayanagar Sugar Pvt Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Marubeni Corporation - India
  • Semirara Mining and Power Corporation, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • Barclays Capital - USA
  • Bangladesh Power Developement Board
  • Coastal Gujarat Power Limited - India
  • Permata Bank - Indonesia
  • Ministry of Transport, Egypt
  • Siam City Cement PLC, Thailand
  • GHCL Limited - India
  • Singapore Mercantile Exchange
  • Attock Cement Pakistan Limited
  • Thermax Limited - India
  • bp singapore
  • Thiess Contractors Indonesia
  • Kaltim Prima Coal - Indonesia
  • Power Finance Corporation Ltd., India
  • Aboitiz Power Corporation - Philippines
  • Berau Coal - Indonesia
  • EIA - United States
  • Platou - Singapore
  • Edison Trading Spa - Italy
  • J M Baxi & Co - India
  • Core Mineral Indonesia
  • Qatrana Cement - Jordan
  • CoalTek, United States
  • Kobexindo Tractors - Indoneisa
  • KOWEPO - South Korea
  • KEPCO - South Korea
  • Baramulti Group, Indonesia
  • IBC Asia (S) Pte Ltd
  • Meralco Power Generation, Philippines
  • Eastern Energy - Thailand
  • Thriveni
  • Lanco Infratech Ltd - India
  • Bhoruka Overseas - Indonesia
  • Platts
  • Bukit Asam (Persero) Tbk - Indonesia
  • Uttam Galva Steels Limited - India
  • European Bulk Services B.V. - Netherlands
  • London Commodity Brokers - England
  • EMO - The Netherlands
  • Sakthi Sugars Limited - India
  • ANZ Bank - Australia
  • Malabar Cements Ltd - India
  • San Jose City I Power Corp, Philippines
  • MEC Coal - Indonesia
  • Energy Development Corp, Philippines
  • Electricity Authority, New Zealand
  • IOL Indonesia
  • UBS Singapore
  • Maersk Broker
  • JPower - Japan
  • World Coal - UK
  • Intertek Mineral Services - Indonesia
  • Sojitz Corporation - Japan