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, 21 July 09
FIRST QUARTER COAL MARKET AND EURACOAL'S OUTLOOK FOR THE FUTURE
Euracoal reports that for the first time in many years, the world market for hard coal fell by some 8 % during the first quarter 2009. This latest E ...
Monday, 20 July 09
CHINAS COAL DEMAND, OUTPUT TO PICK UP IN H2 - GROUP 2
Financial24 reported that, China's coal demand is expected to gradually pick up in the second half of the year, and coal output will likely grow fa ...
Monday, 20 July 09
ADANI POWER LAUNCHES IPO, AIMS HIGHER CAPACITY
Economic Times reported that, Adani Power Ltd, a power project development company, promoted by Adani Enterprise went for an initial public offering ...
Monday, 20 July 09
BANPU'S SECOND-HALF PROFIT MAY DROP ON COAL PRICES
Bloomberg Reported that, Banpu Pcl, Thailand’s biggest coal producer, expects profit to decline in the second half from the first six months a ...
Monday, 20 July 09
CHINA COAL PRODUCES 52.7 MLN TONNES OF COAL IN 1H, UP 5.4 PCT
China Mining reported that, China Coal Energy Co., the country's second largest coal producer, said Saturday that it produced 52.67 million tonnes ...
|
|
|
Showing 6581 to 6585 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Australian Coal Association
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
|
| |
| |
|
