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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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Tuesday, 28 April 09
S'PORE COURT RULES AGAINST DEUTSCHE ON ASSET SALE - REUTERS
Singapore's highest court has ruled that Deutsche Bank (DBKGn.DE) may have to pay unspecified damages to an investment firm as it did not get the b ...
Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM
Macquarie Bank sees 50% drop to $60/ton in 2009
Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a ...
Tuesday, 28 April 09
THAI LANNA TO OPEN NEW INDONESIAN MINE BY Q3 - REUTERS
Thailand's Lanna Resources PCL LANN.BK said on Monday it planned to open a new coal mine in Indonesia by the third quarter of 2009 with an initial ...
Tuesday, 28 April 09
SOUTH AFRICAN EXPORT COAL RETREATS ON WEAKER EUROPEAN DEMAND - BLOOMBERG
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, fell for a second co ...
Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...
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- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Planning Commission, India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
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