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Monday, 09 November 15
INDIAN THERMAL COAL IMPORTS SURGED 18%; COKING COAL 6.31% DURING APRIL-OCTOBER: BUSINESS-STANDARD
 Indian thermal coal imports surged 18% at the country's top 12 major ports to 55.90 million tonnes (MT) in the first seven months of the current fiscal Year.
According to business-standard, these ports had handled 47.23 MT of coal during the April-October period of the last fiscal, 2014-15 and Imports of coking coal, used mainly for steel-making, also jumped by 6.31% to 19.38 MT, as per the latest data with the Indian Ports Authority.
The centre-owned ports had handled 18.23 MT of coking coal in April-October period of 2014-15. Together, these ports handled 75.28 MT coal during the April-October period of the current fiscal as against 65.46 MT in the same period of the previous fiscal, the paper reported.
India is the third-largest producer of coal after China and the US with 299 billion tonnes of resources and 123 billion tonnes of proven reserves, which may last for over 100 years.
India has 12 major ports -- Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia) -- which handle approximately 61 per cent of the country's total cargo traffic.
The business-standard noted that, thermal coal is used in power generation and with the world's largest miner Coal India, which accounts for over 80% of the domestic requirement, consistently failing to meet its target as well as demand of the firms, the power plants resort to imports.
The business-standard, further reported that, less production coupled with increased demand from power firms is further widening the demand-supply gap in the country, which is likely to widen to 185.5 MT in 2016-17.
The Coal India's coal production rose 9.15% to 273.91 MT during the April-October quarter this year compared to 250.94 MT in the year-ago period. For the current fiscal, CIL's production target has been fixed at 550 MT.
CIL missed the production target for 2014-15 by 3 per cent recording an output of 494.23 MT. The company's output target was 507 MT for the fiscal. In 2013-14, the company had clocked production of 462.53 MT against a target of 482 MT.
The Centre has announced plans to boost Coal India's annual production to the level of 1 billion tonnes by 2019 to meet growing fuel demand.
Goyal had recently said that CIL will invest $20 billion to increase production to one billion tonnes over the next five years.
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Wednesday, 07 October 15
SHIPPING MARKET INSIGHT - INTERMODAL
Sale and Purchase activity during the first three quarters of 2015 and more specifically during the summer season has been rather remarkable. 421 v ...
Wednesday, 07 October 15
INDONESIA COAL SWAPS HAVE CONTINUED TO DECLINE, FALLING ALMOST 7% M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.
The Q4 swap declined $ 2.23 (-5.51%) per t ...
Tuesday, 06 October 15
THE IMPACT OF LOW OIL PRICE ON THE SHIPPING INDUSTRY - LITERATED
The fall in global oil prices over the last one year has been beneficial to the shipping industry. The demand for oil tankers has picked up and the ...
Tuesday, 06 October 15
FOB RICHARDS BAY COAL SWAPS PLUNGE MORE THAN 6 PER CENT M-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month.
The Q4 swap was down US$ ...
Monday, 05 October 15
Q1 & Q2 2016 DELIVERY SWAPS DECLINED M-M AND W-W THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $0.36 per ton (0.85%) month over month to US$ 42.12 per ton. The ...
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- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
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- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
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- Mercator Lines Limited - India
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- Anglo American - United Kingdom
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- Tamil Nadu electricity Board
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- Videocon Industries ltd - India
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- Australian Commodity Traders Exchange
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- Australian Coal Association
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- LBH Netherlands Bv - Netherlands
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- SMC Global Power, Philippines
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- MS Steel International - UAE
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- Georgia Ports Authority, United States
- The Treasury - Australian Government
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- Energy Development Corp, Philippines
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- White Energy Company Limited
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- London Commodity Brokers - England
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- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
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- New Zealand Coal & Carbon
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- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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- Parliament of New Zealand
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- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
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- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
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- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
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- Bayan Resources Tbk. - Indonesia
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- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- The University of Queensland
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- Singapore Mercantile Exchange
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- Romanian Commodities Exchange
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- Kaltim Prima Coal - Indonesia
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- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
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- SMG Consultants - Indonesia
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- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
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- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
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- Tata Chemicals Ltd - India
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