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.
|
|
Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...
Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...
Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...
Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...
Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal a ...
|
|
|
Showing 6476 to 6480 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Parliament of New Zealand
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Planning Commission, India
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- The University of Queensland
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
|
| |
| |
|