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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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Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
Monday, 17 May 10
INDONESIA SHIPPED 15.51 PERCENT LESS COAL IN APRIL THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23,331,542 MT of coal in April 2010, compare to 27.61 million tons in ...
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- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Australian Coal Association
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
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