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Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
 World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre-berthing detention problem.
SAIL has no plans so far to bring any vessel to Paradip in August.
“In June, we could load two rakes at Paradip and in July, nine againstthe earlier 40 to 45 rakes a month on an average,” said SAIL sources. SAIL imports coking coal through Paradip.
Tata Steel, which also imports coking coal and limestone through Paradip, in past few weeks diverted three ships, all carrying imported coking coal, to other ports – two to Gangavaram and one to Visakhapatnam.
“We’ve not taken any firm decision on whether or not to avoid Paradip in favour of other ports,” said company sources, adding, “we will take a call depending on the extent of congestion prevailing at the time our next vessel becomes due for arrival”.
Meanwhile, the company’s average rake loading at the port has substantially dropped. “We’re now loading whatever little stocks left at the port,” the sources add.
Inquiries reveal that SAIL would like to step up imports of coking coal through Visakhapatnam port. In August, the plan, tentative so far, is to load as many as 160 rakes at Visakhapatnam compared with 119 each in July and June. The reason being that the SAIL plants located far away from Visakhapatnam port – Durgapur, Rourkela and Bokaro – will be supplied with coking coal imported through the port.
Infrastructure hurdles
“The arrangement will entail huge additional rail freight in addition to myriad operational problems but we’ve no choice,” the sources said. “The coal stock position is critical at the plants.”
Normally, coking coal imported through Visakhapatnam goes to meet the requirement of Bhilai steel plant.
A spokesman for the East Coast Railway serving Visakhapatnam port made it clear that it would not be possible for the Railway to handle more than 4.5 coal rakes a day on an average because of the constraints in physical infrastructure in the port.
Handling more outward rakes presupposed allowing more inward rakes which is not possible in the present situation, more so because the Railway was required to handle other items, both bulk and non-bulk, at the port.
Mr K. Raghuramaiah, Chairman of Paradip Port Trust, conceded that the pre-berthing detention of ships at the port was a matter of concern. As many as 54 ships were waiting for berth on Thursday and some of them for the past one month.
A coal ship had been waiting for nearly two weeks. He, however, said that PPT had no information about SAIL skipping Paradip port. SAIL’s demand for ousting priority to its coal vessels was challenged in Orissa High Court by a private firm, with the result only one vessel could be accorded the priority, he said.
Despite the congestion problem, PPT, the Chairman pointed out, posted highest traffic growth of 22.24 per cent among all major ports between April and July when the traffic throughput of the port was 18.21 million tonnes as compared with 14.89 mt during the same period of last year.
Source: World Shipping News
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Saturday, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points.
The cape and panam ...
Saturday, 08 August 09
SULTAN MINING SIGNS P8-BILLION, 10-YEAR COAL-SUPPLY CONTRACT WITH KEPCO POWER CORP.
COAL developer Sultan Mining and Energy Development Corp. (SMEDC) reported on Thursday that its subsidiary MG Mining and Energy Corp. signed an P8-b ...
Friday, 07 August 09
NEED TO HIKE DOMESTIC PRICES - COAL INDIA
WSJ reported that, The chairman of Coal India Ltd., the country's biggest coal producer, Friday said there was a need to hike domestic coal prices ...
Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
PTBA to Produce 13 Million Tons
President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company th ...
Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
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- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Planning Commission, India
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
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