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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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Friday, 24 July 09
INDIA TAKES 9 MILLION TONNES S. AFRICAN COAL JAN - JUNE
Reuters reported that, India accounted for nearly 9 million tonnes of South Africa's January-June exports of around 28 million tonnes, industry sour ...
Thursday, 23 July 09
KOMIPO LAUNCHES TWO COAL TENDERS
Korea Midland Power on Wednesday launched two tenders to procure bituminous or semi-anthracite coal for August to September delivery. Bids close on J ...
Thursday, 23 July 09
GUANGDONG BUYERS SET TO IMPORT 2.3 MILLION MT FROM VIETNAM - MEDIA
Several coal-consuming companies in China’s Guangdong Province, headed by Guangdong Yudean Group (Guangdong Power Generation Group), have inke ...
Thursday, 23 July 09
KEPCO BUYS 1.5% STAKE IN ADARO ENERGY FOR US$ 56.5M
WSJ reported that, state-run utility Korea Electric Power Corp., or Kepco, Thursday said it has acquired a 1.5% stake in Indonesian coal miner, PT A ...
Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...
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- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- The University of Queensland
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
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