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Monday, 17 May 10
S. AFRICA CUTS EUROPE COAL SUPPLY, ASIA SALES RISE, TRADER SAYS - BLOOMBERG
Bloomberg reported that, South Africa’s Richards Bay Coal Terminal, Europe’s biggest source of the fuel burned for power, cut shipments to the Atlantic region by more than 43 percent in April and increased sales to Asia by 16 percent, a trader said.
Atlantic sales fell to 1.02 million metric tons from 1.8 million a year earlier, according to two research notes by mjunction Services Ltd., a Web-based trader backed by India’s biggest steel producers. Exports to Asia climbed to 2.89 million tons from 2.5 million tons, the trader based in Kolkata in India said in the notes dated April 10 and April 12.
South Africa is boosting Asian exports as economies in India and China recover from last year’s slowdown while demand in Europe falls amid concern Greece’s sovereign-debt crisis will spread. India and China, whose economies are growing at rates faster than 8 percent, together accounted for about 42 percent of Richard Bay’s shipments in the first quarter of this year compared with about 25 percent a year earlier.
Coal exports from Africa’s largest export terminal for the fuel fell about 14 percent to a 11-month low of 3.92 million tons in April, after rising 17 percent in March to 5.66 million tons, according to data on its website.
The terminal’s stockpiles were at 4.62 million tons as of April 30 as it shipped about 70 percent of 5.6 million tons it received from mines, according to the port data.
At the current shipment rate, the terminal will export 56.8 million tons of coal for all of 2010, compared with its capacity of 91 million tons.
European Demand
Richards Bay is owned by South Africa’s largest exporters of the fuel, including BHP Billiton Ltd., Anglo American Plc and Xstrata Plc. The 27-member European Union burns the fuel for about 30 percent of its power, according to Brussels-based lobby group Euracoal. To Read More Bloomberg ( By Dinakar Sethuraman)
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Sunday, 18 April 10
GOVT FORMS PANEL FOR RS 12,000-CR (US$ 2.711 BILLION) COAL INDIA IPO - ECONOMIC TIMES
Economic Times reported that, the government has formed an inter-ministerial panel to carry forward the proposed Rs 12,000-crore (US$ 2.711 billion) ...
Sunday, 18 April 10
THE FUTURES FOR THREE YEARS (2010-2012) FOR PANAMAX WAS AT AROUND US$ 21500 PER DAY - VISTAAR
COALspot.com: The BDI indices up by 3.30 pct and overall market continued to be firm except for India to Fareast.
“The cape index for the f ...
Saturday, 17 April 10
DRY BULK SHIPPING MARKET ANALYSIS - BIMCO
Strong Chinese steel market is set to cushion the flood of new Capesize vessels entering the dry bulk fleet Demand: The first quarter of 2010 saw up ...
Saturday, 17 April 10
DRY BULK MARKET EDGES HIGHER ON STRONGER DEMAND
The dry bulk market managed to inch higher by the end of the week as brokers indicated that stronger cargo demand pushed freight rates that much hig ...
Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...
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- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Planning Commission, India
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- PTC India Limited - India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
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