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Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport minister said the new line will link the coal-rich northern Moatize mines to Nacala port by 2015.
He said funding from the Dutch and Danish government as well as the European Union meant construction could start in two months. The Brazilian firm mining in Moatize says it represents one of the world's last great unexploited coal reserves.
Mozambique's railways, ports and mines are slowly recovering from a brutal civil war that ended in 1992. Three years ago, the 670km (420 mile) long Sena Railway linking Beira port to Moatize was cleared of mines and unexploded ordnance.
But the BBC's Jose Tembe in the capital, Maputo, says the line was never completely refurbished and the silted port of Beira is now unable to handle big vessels.
So Transport Minister Paulo Zucula said the new line will link the existing Sena line to a railway that runs between the deep water port of Nacala and Malawi.
'Unexploited coal reserve'
Its completion, including the refurbishment of the Nacala-Malawi railway, will come at the peak of Moatize mine's coal production, Mr Zucula said. Operations at Moatize, in Tete province, are run by Brazilian mining giant, Vale.
Mr Zucula said some of the new funding would also be used to dredge Beira port.
Our correspondent says the railway is part of Mozambique's plan to become a regional trans-shipment route.
Its three key ports - Maputo, Beira and Nacala - are strategically important to Mozambique's neighbours, especially landlocked Malawi, Zambia and Zimbabwe, as well as parts of South Africa.
The country also wants to serve as an alternative to the highly congested ports of Dar-es-Salaam in Tanzania and Kenya's Mombasa.
Source: BBC
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Saturday, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points.
The cape and panam ...
Saturday, 08 August 09
SULTAN MINING SIGNS P8-BILLION, 10-YEAR COAL-SUPPLY CONTRACT WITH KEPCO POWER CORP.
COAL developer Sultan Mining and Energy Development Corp. (SMEDC) reported on Thursday that its subsidiary MG Mining and Energy Corp. signed an P8-b ...
Friday, 07 August 09
NEED TO HIKE DOMESTIC PRICES - COAL INDIA
WSJ reported that, The chairman of Coal India Ltd., the country's biggest coal producer, Friday said there was a need to hike domestic coal prices ...
Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
PTBA to Produce 13 Million Tons
President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company th ...
Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
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- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Marubeni Corporation - India
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Australian Coal Association
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Planning Commission, India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
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