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Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China as the sharp rise in coal prices and strong demand will benefit the company's financial results this year.
Chief financial officer Somrudee Chaimongkol said Banpu's average selling price for coal was projected to top US$80 per tonne in 2011 compared to $73 last year.
Coal at Australia's Newcastle port, an Asian benchmark, surged to a two-year high of $126.10 at the end of 2010 after rains and severe floods disrupted supplies in the country, which is the world's largest exporter of the fuel.
"The price of coal to be shipped in the first quarter was already fixed last year. The market's higher coal prices, however, will help increase Banpu's average selling price to more than $80 per tonne in 2011," she said.
Banpu on Tuesday informed the Stock Exchange of Thailand that its coal mine in Daning had suspended operations since Dec 31 pending a licence renewal.
The mine, operated by Shanxi Asian-American Daning Energy (SAADEC), is Banpu's largest mine in China with planned production of 4 million tonnes this year. Its Chinese wholly owned subsidiary Asian-American Coal (AACI) owns a 56% stake of SAADEC, contributing equity income of 2.16 billion baht to Banpu in the first nine months of 2010.
Ms Somrudee said the company was reviewing the Daning stoppage, but output from the mine was small compared to total figures.
The miner projects to almost double its coal output to 43 million tonnes this year from 22.5 million tonnes in 2010. Sydney-based Centennial Coal, which Banpu acquired last year, will contribute 14.5 million tonnes while Indonesian coal mines produce 26 million tonnes. To read more Bangkok Post
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Thursday, 13 January 11
DRY BULK RATES HIT NEW MULTI-MONTH LOWS ON AUSTRALIAS FLOODS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Floods in Australia’s Queensland has seriously disrupted coal shipments and together with a flood of vessels has pushed freight rates for dry ...
Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...
Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...
Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...
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- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- The University of Queensland
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
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