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Thursday, 15 September 16
INDONESIA MAY FACE A COAL CRISIS BY 2035!
 COALspot.com: Indonesia is the world’s fourth-largest coal producer and the world’s largest thermal coal exporter may face a coal crisis by 2035. According to the Indonesian coal mining association Indonesia may become a coal importer by 2035, if the country fails to address the coal supply issues on time.
Coal power generation in Indonesia is forecast to grow by 160% between 2013 and 2022 as the economy continues to develop, says WCA.
According to Chairman of ICMA, as quoted by Liputan6, "Indonesia is currently producing around 350-400 million tons per year and consuming around 170 million per year. At present annual production, the Indonesia will exhaust its coal reserves in about 20 years. Indonesia's economically retrievable coal reserves measured at around 8 billion tons and the Indonesian government is also aims to have 35 GWe of new power stations operating by 2019 - 2020.
According to Pandu Sjahrir, Chairman of ICMA, as quoted by Liputan6, In fact, Indonesia is having coal reserves of around 30 to 40 billion tons, which can meet long-term needs. However, based on the current coal price levels (US$ 70 per ton), only around 8 billion tons is economically retrievable reserves. A recent study by Pricewater house suggested that, coal in Indonesia will be exhausted by 2035.
Indonesia’s domestic coal consumption is expected to increase significantly coming years when the planned 35 gigawatts power stations fully operational.
According to ICMA, the association is discussing the issues with the government to find a workable solution to address the coal crisis that country may face by 2035. However the association says, as quoted by Liputan6, the coal export ban to secure the fuel for domestic use will not be the right step for Indonesia. If the government decides to ban coal exports, then, the country's mining industry would be shaken. The ban on coal export will lead to mine closures and layoffs of about 700 thousand to one million coal miners.
According to Chairman, as reported by Liputan6, ban on coal exports will only adding new problems. Instead of the coal export ban, the Indonesian Coal Mining Association urged the government to lock in measures to set coal prices based on cost plus.He strongly believes that, such a pricing policy would help stimulate investment in exploration and stabilize the economy, as well as secure coal reserves for the country's upcoming power stations.
“Coal is likely to remain the most affordable fuel for power generation in many developing and industrialized countries for decades” – World Coal Association
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Thursday, 29 September 16
FREIGHT RATES MIGHT CONTINUE TO SLIDE NEXT WEEK DUE TO HOLIDAYS IN CHINA
Supramax
Flat start to week followed by a slight gain in rates for Supramaxes, says Fearnleys in its latest weekly report.
According to Fear ...
Wednesday, 28 September 16
WITHOUT A DOUBT FREIGHT RATES HAVE MOVED UP A BIT TO HEALTHIER LEVELS - INTERMODAL
As we are approaching Q4, it is interesting to perform a review of the last nine months with respect to the second-hand prices of Supramax and Pana ...
Tuesday, 27 September 16
THE CAPESIZE RATE OF INCREASE HAS BEEN IMPRESSIVE, UP 39% W/W AND 123% MONTH TO DATE - ALLIED
The Dry bulk market has seen a rare shine in its performance as the capesize sector manages to rally at an unprecedented rate compared to its perfo ...
Monday, 26 September 16
COAL PRICES HAVE BEEN MOVING STEADILY HIGHER AFTER YEARS OF DECLINE
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Monday, 26 September 16
THE FREIGHT MARKET WAS FIRM; ALL SEGMENTS WERE UP THIS PAST WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BD ...
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- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- The University of Queensland
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Planning Commission, India
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
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