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Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in Karachi port, coal carrying vessels were suffering berthing delay, which caused additional cost for importers of coal, pakistan traders said.
In addition to berthing delay at Karachi port, RBCT – Karachi, sea freight has also gone up and now touching US$ 19.00 / 20.00 PMT for 6000 SHINC discharge rate for handy max vessel. Indonesian to Karachi coal freight which were at US$ 11.00 / 12.00 level for 8000 / 6000 SHINC discharge rate are now touching US$ 17.00 / 18.00 Seatrade officials, the leading coal importer in pakistan said. Subsequently, landed cost of imported coal has increased by 10 - 15% compare to early this year.
Seatrade a leading coal importer, is importing coal from Indonesia as well as South Africa and sea trade’s main suppliers were Coal & Oil company of Dubai and Gelncore International. Indonesian state owned coal mining company PT. PTBA, is also supplying coal to Pakistan through International Trading houses.
Separately a trading source said, a vessel load of Indonesian coal is in dispute between European supplier and Pakistani buyer, which already laying at Karachi port. Cargo has been discharged at Karachi port early April, but the buyer has refused to take delivery of cargo due to quality difference between load port and disport. Our sources further said, the cargo is still laying at Karachi port under court order.
Apparently Pakistani buyer is looking for discount to accept the cargo. Supplier and buyer is still negotiating to settle this issue amicably. However, till solve the dispute between disputed parties, the cargo may be lay at port which may caused heavy penalty from port authority to importer and further fall in quality of coal.
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Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an officia ...
Wednesday, 13 May 09
ALPHA TO BUY RIVAL, CREATING NEW US COAL HEAVYWEIGHT - MININGWEEKLY.COM
Alpha Natural Resources, the biggest supplier of metallurgical coal in the US, has agreed to buy Maryland-based rival Foundation Coal for about $1,4 ...
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
* Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 pe ...
Tuesday, 12 May 09
INDO TAMBANGRAYA SEES 2010 COAL OUTPUT UP 25 PCT - REUTERS
Indonesian coal miner, PT Indo Tambangraya Megah (ITMG.JK), expects coal output to increase by up to 25 percent next year as production kicks in at ...
Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
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- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Australian Coal Association
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Bhatia International Limited - India
- Economic Council, Georgia
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- London Commodity Brokers - England
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- PTC India Limited - India
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
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