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Thursday, 03 December 09
JAPAN 2010 COAL IMPORTS SEEN FLAT, INDIA'S ROBUST - INDUSTRY
 * Japan's demand seen steady in 2010 at 110 mln tonnes
* India's demand seen as robust, at 70 mln tonnes
Reuters reported that, Thermal coal imports by Japan, the world's largest steam coal buyer, may be flat in 2010 on doubts over a recovery while India's imports are expected to be robust, buyers and analysts said on Thursday.
Masaru Igawa, senior manager, business development group at J-Power, said Japan's thermal coal imports in 2010 would be unchanged from this year's figure, at about 110 million tonnes, compared with about 124 million tonnes in 2008.
"We expect coal imports will be the same (as this year) because there are some factors like economy recovery," Igawa said on the sidelines of McCloskey Asia Pacific Coal Outlook Conference in Bali.
Japanese electricity wholesaler J-Power or Electric Power Development Co is Japan's biggest coal user.
The Australian Bureau for Agriculture and Resource Economics (ABARE) in its September forecast said that Japan's thermal coal imports were estimated to fall 10 percent in 2009 to 115 million tonnes, and to see little growth next year because of the subdued economic environment and possible higher use of nuclear power.
Environmental issues are another factor that may affect Japan's coal imports next year, Igawa said.
Japan's prime minister, Yukio Hatoyama, has pledged to target a 25 percent cut in greenhouse gas emissions from 1990 levels by 2020, despite opposition from industry, which says the goal will hurt the economy.
India's demand also will remain robust next year, with one major buyer forecasting that the country will import about 70 million tonnes of coal in 2010.
"India's coal import volumes have grown as large as China's and are exhibiting higher growth. Lack of infrastructure support this trend," Andreas Bokkenheuser, mining and commodities analyst at UBS, said in a research note.
ABARE has forecast India may import 42 million tonnes of coal this year. Demand from India and China helped spot prices for Australian thermal coal to recover from a near two-year low of $58.25 a tonne in late March to around $80 a tonne.
Source: Reuters
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Thursday, 24 December 09
DRY BULK CHARTERING - SHIPPING UPDATE
Handy
Continued firm conditions for the Handymax / Supramax market in the Atlantic despite the BSI´s downward trend. As chrs scramble to cov ...
Thursday, 24 December 09
EUROSEAS LTD. ANNOUNCES TWO-YEAR TIME CHARTER AGREEMENT FOR PANAMAX BULK CARRIER
Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerize ...
Wednesday, 23 December 09
INDONESIA POWER CHIEF TO BUILD PLANTS OUTSIDE JAVA
Indonesia's state electricity firm plans to build new power plants outside Java island with a combined capacity of around 2,000 megawatts to resolv ...
Wednesday, 23 December 09
BUKIT ASAM SEES CHINA COAL DEMAND BOOST
* Rebound in prices to have pushed up 2009 revs
* To more than double Tarahan port capacity
Reuters reported that, Indonesian state-owned coal m ...
Wednesday, 23 December 09
MACARTHUR COAL OFFERS TO BUY RIVAL GLOUCESTER
Queensland-based Macarthur Coal will offer to buy fellow Australian Gloucester Coal, in a move to add two new mines and increase coal resources.
...
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- Medco Energi Mining Internasional
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- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
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- Minerals Council of Australia
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- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- India Bulls Power Limited - India
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- New Zealand Coal & Carbon
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- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
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- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
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- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
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- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
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- Eastern Coal Council - USA
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- Indogreen Group - Indonesia
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- Directorate Of Revenue Intelligence - India
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- Leighton Contractors Pty Ltd - Australia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
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- Australian Coal Association
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- Parliament of New Zealand
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- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
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- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
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- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
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- Rashtriya Ispat Nigam Limited - India
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- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Thiess Contractors Indonesia
- Independent Power Producers Association of India
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- Jorong Barutama Greston.PT - Indonesia
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- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
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- GMR Energy Limited - India
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- Carbofer General Trading SA - India
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- Energy Link Ltd, New Zealand
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- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
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- Romanian Commodities Exchange
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- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
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- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
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- Deloitte Consulting - India
- Planning Commission, India
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- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
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- Electricity Generating Authority of Thailand
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- International Coal Ventures Pvt Ltd - India
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- Coal and Oil Company - UAE
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- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
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- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
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- Indika Energy - Indonesia
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