We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 22 September 09
PANAMA CANAL EXPANSION MAY AID COLOMBIA COAL TO ASIA
 * Colombia producers hope for growth in Asia shipments
* Panama Canal will allow smaller coal Capesize vessels
* Australia, Indonesia to remain biggest Asia coal suppliers
Reuters reported that, Colombian coal exporters will seek to take advantage of booming demand in Asia when the Panama Canal expansion is completed in 2013, shipping analysts and Colombian coal producers say.
Colombia, the world's fifth-largest exporter of steam coal, has been hit by falling demand in key European and the U.S. markets, and has been the only producing country unable to sell into Asia due to high freight costs
"They (producers) potentially could be shipping out coal from Colombia across the Pacific. Obviously it would depend on the size of ship and how they develop this canal," said Will Fray, shipping analyst with London-based consultants Maritime Strategies International (MSI).
Colombia is expected to export around 61 million tonnes of coal in 2009, roughly on a par with Russia and South Africa but below Indonesia and Australia.
"The big thing about Colombian coal is it was competing in Europe with South African business, which at the moment has been moving eastwards," Fray added.
The Panama Canal Authority will spend $5.25 billion to expand and deepen the Panama Canal enabling larger bulk vessels and oil tankers to move commodities into the Pacific markets
"The expansion will make it more possible in theory for Colombian coal to move to Asia but there are many factors which make it unlikely to be shipped in large quantities," said a major Colombian producer who declined to be named.
"It's far more likely that South African coal will remain cheaper than Colombian for the Asian market outside of India and that production in Australia and Indonesia will grow to meet any increased local demand," the producer said.
The biggest Colombian producers, including Drummond Coal, Cerrejon and Prodeco, do not expect to be making significant inroads into Asia but see some opportunities for spot sales.
Brazilian energy company MPX Energia remains optimistic, however, that it will be able to sell coal into Asia via the expanded Canal
"The expansion will allow coal shippers to use small capesize vessels of 130,000-140,000 tonnes rather than panamaxes of around half that size. There are always savings when using larger ships," said Peter Norfolk, Director of Consultancy & Research at shipbrokers Simon, Spence and Young (SSY).
"But it's unlikely that exports from Colombia into the Pacific will increase significantly because growth in demand there is more likely to be met by production from nearby producers in Australia and Indonesia," he said.
Thermal coal is shipped globally in capesize vessels of 120,000-150,000 tonnes, panamax vessels of around 65,000-75,000 tonnes and handymax vessels of 45,000-50,000 tonnes.
Asian buyers in China, Japan, South Korea and Taiwan who can discharge cheaper capesize vessels will do so. Indian buyers are forced to use mostly handymaxes because there are few ports which can accept panamaxes and only one which can take capes.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
|
|
|
Showing 6386 to 6390 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- PTC India Limited - India
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Thai Mozambique Logistica
|
| |
| |
|
