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Thursday, 10 January 19
PAKISTAN'S COAL IMPORTS TO SURGE TO 30 MILLION TONS PER ANNUM BY 2020 - CEO, PIB
 Pakistan’s coal imports are estimated to surge to 30 million tons/annum from existing 20 million tons/annum by the year 2020, given the planned expansion of cement manufacturers and coal-based power plants scheduled to come online in a couple of years, Shariq Siddiqui, CEO of Pakistan International Bulk Terminal (PIBT) said.
Talking to The News on Monday, Siddiqui said around 8.0 million tons of coal was imported by cement companies every year, while 12 million tons was imported by power plants including Sahiwal Power Plant and Port Qasim power plants.
The demand by cement manufacturers was estimated to increase by 2.0 million tons, while 8.0 million tons would be required by coal-based power plants by 2020.
“PIBT is the only dirty bulk cargo terminal with state-of-the-art mechanised system having capacity to handle 12 million tons/annum. As the imports surge, we would go for expansion,” Siddiqui said.
The Supreme Court of Pakistan (SCP) in July 2017 imposed a complete ban on coal handling at Karachi Port, and ever since, PIBT was the only terminal handling commercial imports of coal. The power plants have their own coal-import jetties.
“PIBT started operations in July 2017, and has so far running in operational losses. However, planned expansion in the wake of rising demand would help the company’s balance sheet,” Siddiqui added.
Talking about the terminal operations, Siddiqui said, “PIBT empties a 60,000 tons vessel in 30 hours, which used to take around seven days at Karachi Port, thus saving demurrages to shipping line and the importer. Moreover, the mechanised system avoids pilferage and environment hazards.”
He said a proposal had been forwarded to the Ministry of Railways for laying four kilometre train tracks connecting PIBT to Juma goth junction, which, he added would facilitate coal transportation a lot.
It is worth noting that a vessel has to pay demurrage to the tune of $14,000/day at Karachi Port and this expense is borne as per the arrangement between the importer and the shipping company.
An importer said about 60 percent of the coal imported was transported to cement manufacturers in the northern region, and shifting of coal handling from Karachi Port to Port Qasim eased this transportation.
Coal handling at Port Qasim also generates revenue for the government, as a royalty of $2.27/ton is imposed by the Port Qasim Authority (PQA), which was absent at Karachi Port.
Shariq Siddiqui suggested that clinker export handling should also be banned at Karachi Port as this commodity was even more hazardous for environment and human health than coal.
“Switching of coal handling from Karachi Port has improved environment in Karachi and switching of clinker handling would have even better impact,” he added.
Source: The News
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Friday, 11 January 19
SUPRAMAX: THE ASIAN ARENA HAD A MIXED START; LIMITED ACTION IN SOUTHEAST ASIA - THE BALTIC BRIEFING
Capesize
Dashed hopes summed up the first full week of the New Year. A slow start followed by a busy 24 hours of improving rates and a firming ...
Thursday, 10 January 19
BUNKER DELIVERY NOTE AMENDMENTS ENTER INTO FORCE AS SULPHUR 2020 REQUIREMENT LOOMS - IMO
KNOWLEDGE TO ELEVATE
Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships which have fitted alternative m ...
Thursday, 10 January 19
WORLD TRADE IN THERMAL COAL IS ESTIMATED TO HAVE GROWN BY 1.0 PER CENT IN 2018 - DEPARTMENT OF INDUSTRY, AUSTRALIA
World Trade
World trade in thermal coal is estimated to have grown by 1.0 per cent to 1.1 billion tonnes in 2018 but it is expected to decline ...
Wednesday, 09 January 19
PANAMAX: THE PACIFIC SAW RELATIVELY GOOD DEMAND PARTICULARLY FROM INDONESIA AND NOPAC - BALTIC BRIEFING
Capesize
It was an active start to the New Year, with trading from West Australia maintaining momentum during the holiday period. Rates for Chi ...
Wednesday, 09 January 19
SHIPPING MARKET INSIGHT - INERMODAL
Paraphrasing the words of a Chief economist in a latest report of the World Bank Group, the current state of the shipping market very much resemble ...
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- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
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