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Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
 Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to make up for weak domestic demand during the country's recession.
Industry executives and experts told this week's Adam Smith CIS Coal Summit that state-controlled transport costs remained too high and years of underinvestment were taking a toll on shipping and rail links.
For Alexander Kovalchuk, director of the Coal Market Research Institute, the problem is shown by bottlenecks at SUEK's new Vanino coal terminal in the Far East, which began handling shipments for the company, Russia's largest coal producer, in December.
Vanino suffers a lot because the BAM (Baikal-Amur Mainline) railway doesn't have sufficient capacity, it is underserved by 40-50 percent, according to SUEK estimates, Kovalchuk said.
Exports are becoming increasingly attractive to both steam and coking coal producers as China and India continue growing their economies while Russian industry sputters.
Market players estimate Russia exported 7,2-million tons of coal in April, compared with 7,5-million tons a year ago.
Overall Russian coal production declined by about 13 percent in April.
Raspadskaya Deputy Director Alexander Andreyev said his firm exported 35 percent of coking coal output in April, up from the 26 percent average in the first quarter.
We need to change our strategy by expanding exports step by step, he said.
HIGH TRANSPORT COSTS
For Russian producers to expand their share of the Asian market in the long term, experts say more investment is needed by the RZhD state railway monopoly, together with lower tariffs for coal shipped more than 5 000 km from Siberia to ports in the Russian Far East.
However, rates continue to rise.
Coal prices dropped sharply, but the transport component does not decrease, and there will be a 4-6 percent increase as of July, Eurosib Spb Transportation Systems' Andrey Baranov said.
Railway tariffs, like gas and power rates, are regulated by the state. The government is debating whether to cap price hikes at more modest levels than previously planned to support the economy in downturn, which saw industrial production plunging 17,1 percent year-on-year in May.
Raspadskaya's Andreyev said transport costs now make up 30-35 percent of the Free on Board (FOB) price to send Russian coal to ships, compared with 9-16 percent a year ago.
Additional kilometres of rail track are another priority, though a rapid roll-out is not expected given the high cost of building in Russia.
Alex Bezborodov, of the InfraNews Research Agency, said it costs $1,5 million to build a kilometre of railway in Russia, compared with an international average of $600 000-$800 000.
PORT INFRASTRUCTURE
Improving port technology and adding capacity is also important for coal exporters, Tamara Novikova of the Research and Development Institute of the Sea Fleet added.
She said Soviet-era technology limits volumes and damages railcars, particularly in winter, when frozen coal is loaded.
Few ports have equipment to defrost cargo, which would improve capacity, Novikova said, adding that Russia also needs deeper ports that can serve Panamax class cargo ships.
Panellists said Russian ports are now among the most expensive in the world, adding $10 per tonne in costs, compared with the $2-$3 per tonne global average.
At Australian and Chinese ports they use automated technology, satellites, here we have to employ a lot of people, so it's a much different technology, Bezborodov said.
Source: Financial 24 (http://www.financial24.org/commodities/transport-problems-hold-back-russian-coal-exports/)
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Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
Wednesday, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...
Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...
Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...
Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country.
India's leading e-commerce company Mjunction Services Ltd will ...
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- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
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- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
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- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
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- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
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- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- White Energy Company Limited
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- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
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- Thai Mozambique Logistica
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
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- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Planning Commission, India
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
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