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Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
 Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percent in May, a trader said.
Exports of coal rose to 1.93 million metric tons last month from 1.72 million in April, according to a note by mjunction Services Ltd., a Web-based trader backed by India’s biggest steel producers. The coal shipped was mostly thermal, used in power plants to generate electricity.
The terminal exported 4.57 million tons of coal in May, up from April’s 3.91 million tons and 22 percent more than a year earlier even as deliveries were cut by an 18-day national port and rail strike that ended on May 28. At the shipment rate so far this year, the terminal will export 57.72 million tons of the fuel in 2010, about 64 percent of its capacity.
Buyers from India accounted for about 42 percent of the terminal’s exports in May, according to the note. India’s imports of power-plant coal may grow 14 percent a year as demand for electricity increases, according to Tata Power Ltd.
Pakistan’s coal imports fell by about 69 percent to 40,233 tons in May from April, mJunction said. The South Asian nation imported 2.97 million tons in the first five months from Richards Bay terminal.
India imported 8.33 million tons in the first five months of this year from Richards Bay, 18.7 percent higher than the year-earlier period, according to the note. Richards Bay shipped about 35 percent of its total coal to India this year until May.
The country, Asia’s largest economy after Japan and China, expanded its industrial output by 17.6 percent in April, boosting its consumption of electricity as factories stepped up production. The nation’s thermal coal imports may climb to 72 million metric tons in 2011, according to Tata Power.
Prices for coal shipped through Richards Bay fell 0.4 percent to an average of $92.41 a ton on a free-on-board basis in the four days through June 4, according to IHS McCloskey. Asian benchmark prices at the port of Newcastle in Australia rose 1.2 percent to $99.30 through June 11.
Source: Bloomberg (By: Dinakar Sethuraman) - for more news click here
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Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is ...
Monday, 31 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE SHORTENS
Business week reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in powe ...
Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure ...
Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, co ...
Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
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- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
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- Medco Energi Mining Internasional
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
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- Energy Development Corp, Philippines
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- Economic Council, Georgia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
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- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
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- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
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- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
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- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
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- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
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- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- The University of Queensland
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- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
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- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
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