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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
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Thursday, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million
* Expect to complete the deal in the fourth quarter of 2009
* Delta Dunia has appointed Barclays Ca ...
Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...
Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009
Reuters world's largest international ...
Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons.
Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...
Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
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- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
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