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Friday, 11 March 16
ADANI GLOBAL BAGS 0.26 MILLION TONS OF COAL CONTRACT FROM LANKA COAL COMPANY
 COALspot.com: Lanka Coal Company (Private) Limited, Sri Lanka has awarded 260,000 +/- 10% tons of Power plant 6300 GAR calorific value coal to Adani Global Pty Ltd Singapore on 4 March 2016.
According to market sources, the total quantity will be supplied based on FOB South Africa or Indonesia and Ceylon Shipping Corporation will transport the coal from load port to Lakvijaya Power Plant.
A source familiar with the tender said that, the contract between Adani Global Singapore and Lanka Coal Company has been signed on 9 March 2016 and the coal will be shipped soon.
LCC floated a short term tender and bids were invited until 3 March 2016 10.00 am local Time. According to available information, LCC has awarded the contract on 4 March 2016.
In addition to Adani Global Singapore, International coal traders such as Swiss Singapore and Liberty Commodities have also participated tender. However, according to our sources, the price quoted by Adani Global was the lowest compared to the prices quoted by other two bidders which were at least US$ 1 to US$ 2 per ton higher than Adani Global's quoted Price.
According to another senior trading source, LCC has adopted a transparent procedure to finalize the coal supplier. The quick and transparent process yielded desirable results and got the best rates in the trade. This process has gained the confidence and comfort of International coal trading companies there by getting the best prices.
Lanka Coal Company (Private) Limited is 60% owned by Ceylon Electricity Board, 10% Ceylon Shipping Corporation, 10% Sri Lanka Ports Authority and remaining 20% owned by Treasury. LCC procures coal on behalf of Ceylon Electricity Board to supply 3X300 MW Lakvijaya Power Plant.
According to LCC's website, Lanka Coal Company (Private) Limited began supplying of coal to Lakvijaya Power Plant and from the initial experience gained, LCC has successfully delivered nearly 2 million metric tons of coal in 30 shipments as at October 2013.
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Wednesday, 09 March 16
U.S. COAL EXPORTS DECLINED 24% (74 MMST) IN 2015; COAL PRODUCTION IS EXPECTED TO DECREASE BY 111 MMST IN 2016 - EIA
U.S. Coal Supply
EIA estimates that U.S. coal production for February 2016 was 54 million short tons (MMst), a 4 MMst (7%) decrease from the prev ...
Wednesday, 09 March 16
RI MAY HAVE TO IMPORT COAL FOR FUTURE POWER PLANTS: STUDY - THE JAKARTA POST
With coal prices continuing to decline, Indonesia will struggle to provide the coal needed to fire up its power stations in the near future, a stud ...
Tuesday, 08 March 16
INDONESIA HIKES COAL BENCHMARK PRICE FOR THE FIRST TIME IN 12 MONTHS
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price further deep in February 2016, but up slightly in Mar ...
Tuesday, 08 March 16
THE DRY CARGO MARKET ENDURED ONE OF ITS MOST DIFFICULT YEARS IN 2015, EXPERIENCING LOWS NOT SEEN SINCE THE MID 1980S - CLARKSONS
Whilst shipping and offshore markets have seen some good opportunities during 2015, overall there have been unprecedented challenges, so we are ver ...
Monday, 07 March 16
INDONESIAN 5700 GAR COAL INDEX DECLINE $0.05 A TON WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.28 percent week over week to averaging $38.66 per ton on this past Friday, ...
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- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Sical Logistics Limited - India
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- PTC India Limited - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
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