COALspot.com keeps you connected across the coal world
  • 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

Friday, 20 September 19
INDIA TO INVITE BIDS FOR COMMERCIAL COAL MINING IN DECEMBER - MINISTER FOR COAL
India aims to begin the process of holding the first round of commercial coal mining auctions December end, Minister for Coal, Mines and Parliament ...


Friday, 20 September 19
INDIA: ECONOMIC SLOWDOWN IMPACTS COAL IMPORT CARGO IN H1 FY20 - PTI
Economic slowdown has impacted coal import cargo in the first half of this fiscal, as overall cargo growth at major ports registered a marginal gro ...


Wednesday, 18 September 19
SHIPPING MARKET INSIGHT - INTERMODAL
During the first week of September, I had the privilege of attending the Donsö Shipping Meet 2019, in Donsö, a small island of around 1,& ...


Tuesday, 17 September 19
PANAMA SHIP REGISTRY MODERNIZES SHIP REGISTRATION
The Panama Ship Registry has announced it will integrate in a single platform “Electronic Ship Registration System (ESRS)” the present ...


Tuesday, 17 September 19
THE DRY BULK FREIGHT MARKET IS ALREADY ON A DOWNWARD CORRECTION - ALLIED
Here we are again, just a breath before the final quarter of the year. Under typical circumstances and on the basis of what we have seen during the ...


   2 3 4 5 6   
Showing 16 to 20 news of total 5554
News by Category
Popular News
 
Total Members : 26,537
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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