COALspot.com keeps you connected across the coal world
  • China imported 30.29 Mt of coal in Sep, declining 8.08% MoM.
  • OCT 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 64.80 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Thursday, 10 January 19
PAKISTAN'S COAL IMPORTS TO SURGE TO 30 MILLION TONS PER ANNUM BY 2020 - CEO, PIB
Coal ExcavatorPakistan’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


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 14 October 19
WINTER OIL MARKET OUTLOOK - OPEC
Product markets in the last two months have benefitted from seasonal maintenance which have led to a tighter product market environment, providing ...


Sunday, 13 October 19
INDONESIA: PANAMAX VESSELS OPEN SOUTH CHINA WERE REPORTEDLY FIXED AT $14,000 LEVEL, WITH REDELIVERY BACK IN CHINA - BALTIC BRIEFING
Capesize The Capesize market managed to find a floor and rally a little this week after several weeks of declines. While the West Australia to ...


Friday, 11 October 19
INDIAN MINERS REJECT PLAN TO LINK NATIONAL COAL INDEX TO FOREIGN PRICES - REUTERS
India’s miners are rejecting a government proposal to establish a national coal index that would be linked to international prices, documents ...


Friday, 11 October 19
THE OCTOBER BENCHMARK PRICE OF INDONESIAN THERMAL COAL DECLINES TO LOWEST SINCE OCTOBER 2016
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...


Friday, 11 October 19
KOREA SOUTH-EAST POWER TO IMPORT LCV COAL IN NOVEMBER
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for 75,000 Metric Tons low calorific v ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5554
News by Category
Popular News
 
Total Members : 26,538
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Salva Resources Pvt Ltd - India
  • Credit Suisse - India
  • Gujarat Electricity Regulatory Commission - India
  • Indonesian Coal Mining Association
  • globalCOAL - UK
  • Vedanta Resources Plc - India
  • The Treasury - Australian Government
  • Ministry of Mines - Canada
  • Miang Besar Coal Terminal - Indonesia
  • HSBC - Hong Kong
  • Central Java Power - Indonesia
  • Minerals Council of Australia
  • Agrawal Coal Company - India
  • BNP Paribas - Singapore
  • Fearnleys - India
  • Rudhra Energy - India
  • McConnell Dowell - Australia
  • OCBC - Singapore
  • World Coal - UK
  • White Energy Company Limited
  • Gujarat Sidhee Cement - India
  • Formosa Plastics Group - Taiwan
  • Energy Link Ltd, New Zealand
  • Price Waterhouse Coopers - Russia
  • Bahari Cakrawala Sebuku - Indonesia
  • Antam Resourcindo - Indonesia
  • New Zealand Coal & Carbon
  • Kobe Steel Ltd - Japan
  • Marubeni Corporation - India
  • Coal India Limited
  • Neyveli Lignite Corporation Ltd, - India
  • ANZ Bank - Australia
  • Thomson Reuters GRC
  • UBS Singapore
  • Binh Thuan Hamico - Vietnam
  • Bangladesh Power Developement Board
  • Coastal Gujarat Power Limited - India
  • MEC Coal - Indonesia
  • CoalTek, United States
  • Indonesia Power. PT
  • Mitsui
  • Mechel - Russia
  • Ministry of Finance - Indonesia
  • BRS Brokers - Singapore
  • Georgia Ports Authority, United States
  • Sojitz Corporation - Japan
  • Altura Mining Limited, Indonesia
  • Permata Bank - Indonesia
  • SASOL - South Africa
  • Africa Commodities Group - South Africa
  • Barasentosa Lestari - Indonesia
  • SMG Consultants - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Japan Coal Energy Center
  • PTC India Limited - India
  • Kideco Jaya Agung - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Cosco
  • MS Steel International - UAE
  • Thailand Anthracite
  • Arutmin Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Malabar Cements Ltd - India
  • GB Group - China
  • Ind-Barath Power Infra Limited - India
  • Standard Chartered Bank - UAE
  • IOL Indonesia
  • CESC Limited - India
  • Mitsubishi Corporation
  • Manunggal Multi Energi - Indonesia
  • IHS Mccloskey Coal Group - USA
  • IBC Asia (S) Pte Ltd
  • Oldendorff Carriers - Singapore
  • ACC Limited - India
  • Wood Mackenzie - Singapore
  • Cardiff University - UK
  • Bukit Makmur.PT - Indonesia
  • Siam City Cement PLC, Thailand
  • Jatenergy - Australia
  • Coal and Oil Company - UAE
  • EMO - The Netherlands
  • Glencore India Pvt. Ltd
  • Karaikal Port Pvt Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Australian Commodity Traders Exchange
  • Maheswari Brothers Coal Limited - India
  • Riau Bara Harum - Indonesia
  • London Commodity Brokers - England
  • SRK Consulting
  • Runge Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Enel Italy
  • Parry Sugars Refinery, India
  • Barclays Capital - USA
  • Petrochimia International Co. Ltd.- Taiwan
  • Idemitsu - Japan
  • The University of Queensland
  • Moodys - Singapore
  • South Luzon Thermal Energy Corporation
  • Siam City Cement - Thailand
  • Pendopo Energi Batubara - Indonesia
  • Bank of America
  • Vijayanagar Sugar Pvt Ltd - India
  • Interocean Group of Companies - India
  • Shree Cement - India
  • India Bulls Power Limited - India
  • Panama Canal Authority
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Xindia Steels Limited - India
  • Jaiprakash Power Ventures ltd
  • Coaltrans Conferences
  • Latin American Coal - Colombia
  • UOB Asia (HK) Ltd
  • Planning Commission, India
  • Samsung - South Korea
  • Edison Trading Spa - Italy
  • Indika Energy - Indonesia
  • Medco Energi Mining Internasional
  • Tata Power - India
  • Cemex - Philippines
  • Attock Cement Pakistan Limited
  • Rio Tinto Coal - Australia
  • Bangkok Bank PCL
  • McKinsey & Co - India
  • International Coal Ventures Pvt Ltd - India
  • Mercator Lines Limited - India
  • Vale Mozambique
  • RBS Sempra - UK
  • Orica Australia Pty. Ltd.
  • NTPC Limited - India
  • ICICI Bank Limited - India
  • Makarim & Taira - Indonesia
  • JPower - Japan
  • NALCO India
  • Indorama - Singapore
  • Metalloyd Limited - United Kingdom
  • Tamil Nadu electricity Board
  • Australian Coal Association
  • VISA Power Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Central Electricity Authority - India
  • Shenhua Group - China
  • Core Mineral Indonesia
  • Geoservices-GeoAssay Lab
  • Tanito Harum - Indonesia
  • Port Waratah Coal Services - Australia
  • Coeclerici Indonesia
  • Lafarge - France
  • The State Trading Corporation of India Ltd
  • Freeport Indonesia
  • PowerSource Philippines DevCo
  • IEA Clean Coal Centre - UK
  • Chamber of Mines of South Africa
  • Sucofindo - Indonesia
  • Peabody Energy - USA
  • Deloitte Consulting - India
  • Electricity Generating Authority of Thailand
  • Sree Jayajothi Cements Limited - India
  • Sical Logistics Limited - India
  • APGENCO India
  • Carbofer General Trading SA - India
  • Reliance Power - India
  • Thermax Limited - India
  • KEPCO - South Korea
  • Parliament of New Zealand
  • GMR Energy Limited - India
  • TeaM Sual Corporation - Philippines
  • Trasteel International SA, Italy
  • Argus Media - Singapore
  • Wilmar Investment Holdings
  • Bukit Baiduri Energy - Indonesia
  • Eastern Coal Council - USA
  • Larsen & Toubro Limited - India
  • Simpson Spence & Young - Indonesia
  • Platou - Singapore
  • Globalindo Alam Lestari - Indonesia
  • Thriveni
  • Infraline Energy - India
  • Gujarat Mineral Development Corp Ltd - India
  • Asian Development Bank
  • Inspectorate - India
  • Romanian Commodities Exchange
  • Global Coal Blending Company Limited - Australia
  • Mintek Dendrill Indonesia
  • SUEK AG - Indonesia
  • Cargill India Pvt Ltd
  • Star Paper Mills Limited - India
  • Meenaskhi Energy Private Limited - India
  • Eastern Energy - Thailand
  • CIMB Investment Bank - Malaysia
  • Kaltim Prima Coal - Indonesia
  • KPCL - India
  • CCIC - Indonesia
  • Maersk Broker
  • Thiess Contractors Indonesia
  • Bulk Trading Sa - Switzerland
  • Toyota Tsusho Corporation, Japan
  • Savvy Resources Ltd - HongKong
  • PetroVietnam Power Coal Import and Supply Company
  • Ince & co LLP
  • GVK Power & Infra Limited - India
  • Directorate Of Revenue Intelligence - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Bayan Resources Tbk. - Indonesia
  • U S Energy Resources
  • Samtan Co., Ltd - South Korea
  • Power Finance Corporation Ltd., India
  • Merrill Lynch Bank
  • PLN Batubara - Indonesia
  • TANGEDCO India
  • CNBM International Corporation - China
  • Heidelberg Cement - Germany
  • Bhoruka Overseas - Indonesia
  • Intertek Mineral Services - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Banpu Public Company Limited - Thailand
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Clarksons - UK
  • LBH Netherlands Bv - Netherlands
  • Thai Mozambique Logistica
  • Rashtriya Ispat Nigam Limited - India
  • KPMG - USA
  • Kohat Cement Company Ltd. - Pakistan
  • Russian Coal LLC
  • Krishnapatnam Port Company Ltd. - India
  • Videocon Industries ltd - India
  • Anglo American - United Kingdom
  • Arch Coal - USA
  • Singapore Mercantile Exchange
  • Inco-Indonesia
  • Orica Mining Services - Indonesia
  • Platts
  • Maharashtra Electricity Regulatory Commission - India
  • Timah Investasi Mineral - Indoneisa
  • Commonwealth Bank - Australia
  • Adaro Indonesia
  • KOWEPO - South Korea
  • Maruti Cements - India
  • IMC Shipping - Singapore
  • SGS (Thailand) Limited
  • Berau Coal - Indonesia
  • Malco - India
  • Ceylon Electricity Board - Sri Lanka
  • Gupta Coal India Ltd
  • Qatrana Cement - Jordan
  • Ministry of Transport, Egypt
  • DBS Bank - Singapore
  • ETA - Dubai
  • Holcim Trading Pte Ltd - Singapore
  • bp singapore
  • Coalindo Energy - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Dalmia Cement Bharat India
  • World Bank
  • OPG Power Generation Pvt Ltd - India
  • Mercuria Energy - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Bhushan Steel Limited - India
  • Tata Chemicals Ltd - India
  • Bharathi Cement Corporation - India
  • Uttam Galva Steels Limited - India
  • Essar Steel Hazira Ltd - India
  • Posco Energy - South Korea
  • Bhatia International Limited - India
  • Gresik Semen - Indonesia
  • PLN - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Madhucon Powers Ltd - India
  • Mitra SK Pvt Ltd - India
  • GHCL Limited - India
  • Xstrata Coal
  • Bank of China, Malaysia
  • Grasim Industreis Ltd - India
  • Jindal Steel & Power Ltd - India
  • Vizag Seaport Private Limited - India
  • Total Coal South Africa
  • Ambuja Cements Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • TNPL - India
  • Leighton Contractors Pty Ltd - Australia
  • Borneo Indobara - Indonesia
  • Aditya Birla Group - India
  • Humpuss - Indonesia
  • Independent Power Producers Association of India
  • GNFC Limited - India
  • Asia Cement - Taiwan
  • JPMorgan - India
  • Coal Orbis AG
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • ASAPP Information Group - India
  • Merrill Lynch Commodities Europe
  • GAC Shipping (India) Pvt Ltd
  • Goldman Sachs - Singapore
  • Vitol - Bahrain
  • Mjunction Services Limited - India
  • Kobexindo Tractors - Indoneisa
  • Indian Oil Corporation Limited
  • Pinang Coal Indonesia
  • Adani Power Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Noble Europe Ltd - UK
  • Britmindo - Indonesia
  • Renaissance Capital - South Africa
  • Jorong Barutama Greston.PT - Indonesia
  • WorleyParsons
  • Kartika Selabumi Mining - Indonesia
  • J M Baxi & Co - India
  • PetroVietnam
  • Petrosea - Indonesia
  • Indogreen Group - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Lanco Infratech Ltd - India
  • Indian School of Mines
  • Billiton Holdings Pty Ltd - Australia
  • Sakthi Sugars Limited - India
  • The India Cements Ltd
  • Surastha Cement
  • Ernst & Young Pvt. Ltd.
  • Bukit Asam (Persero) Tbk - Indonesia
  • Kumho Petrochemical, South Korea
  • Economic Council, Georgia
  • PNOC Exploration Corporation - Philippines
  • Deutsche Bank - India
  • Cement Manufacturers Association - India
  • Maybank - Singapore
  • ING Bank NV - Singapore
  • EIA - United States