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Monday, 09 November 15
INDIAN THERMAL COAL IMPORTS SURGED 18%; COKING COAL 6.31% DURING APRIL-OCTOBER: BUSINESS-STANDARD
 Indian thermal coal imports surged 18% at the country's top 12 major ports to 55.90 million tonnes (MT) in the first seven months of the current fiscal Year.
According to business-standard, these ports had handled 47.23 MT of coal during the April-October period of the last fiscal, 2014-15 and Imports of coking coal, used mainly for steel-making, also jumped by 6.31% to 19.38 MT, as per the latest data with the Indian Ports Authority.
The centre-owned ports had handled 18.23 MT of coking coal in April-October period of 2014-15. Together, these ports handled 75.28 MT coal during the April-October period of the current fiscal as against 65.46 MT in the same period of the previous fiscal, the paper reported.
India is the third-largest producer of coal after China and the US with 299 billion tonnes of resources and 123 billion tonnes of proven reserves, which may last for over 100 years.
India has 12 major ports -- Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia) -- which handle approximately 61 per cent of the country's total cargo traffic.
The business-standard noted that, thermal coal is used in power generation and with the world's largest miner Coal India, which accounts for over 80% of the domestic requirement, consistently failing to meet its target as well as demand of the firms, the power plants resort to imports.
The business-standard, further reported that, less production coupled with increased demand from power firms is further widening the demand-supply gap in the country, which is likely to widen to 185.5 MT in 2016-17.
The Coal India's coal production rose 9.15% to 273.91 MT during the April-October quarter this year compared to 250.94 MT in the year-ago period. For the current fiscal, CIL's production target has been fixed at 550 MT.
CIL missed the production target for 2014-15 by 3 per cent recording an output of 494.23 MT. The company's output target was 507 MT for the fiscal. In 2013-14, the company had clocked production of 462.53 MT against a target of 482 MT.
The Centre has announced plans to boost Coal India's annual production to the level of 1 billion tonnes by 2019 to meet growing fuel demand.
Goyal had recently said that CIL will invest $20 billion to increase production to one billion tonnes over the next five years.
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Wednesday, 25 November 15
INDIA'S POWER GENERATORS FACE LOW, FALLING UTILISATION RATE - FITCH
COAlspot.com: Fitch Ratings says in a new report that the utilisation rate of India's thermal power generation capacity continued to decline in ...
Wednesday, 25 November 15
BIG CHINESE COPPER PROCESSORS DEFEND MARGINS THROUGH R&D, SAYS FITCH
Large Chinese copper processors are focusing on higher value-added products and investing in R&D to enhance their technical know-how to maintai ...
Wednesday, 25 November 15
BIMCO LAUNCHES ANTI-CORRUPTION CLAUSE FOR SHIPPING CONTRACTS WORLDWIDE
COALspot.com: BIMCO, is the world’s largest international shipping association, with 2,200 members in around 130 countries, has now launched ...
Wednesday, 25 November 15
TANKER MARKET INSIGHT - GEORGE VASTARDIS
We have already noticed obvious signs of activity mainly West of Suez, which are currently driving the clean MR market to higher levels. Over the p ...
Tuesday, 24 November 15
COAL SUPPLY PRESSURE PUTS INDONESIAN HBA IN FREE FALL
The coal industry is slowly recognizing that, the current coal price level is not a decrease in price, but a change in pricing to corresp ...
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- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
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- Minerals Council of Australia
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- White Energy Company Limited
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- Singapore Mercantile Exchange
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- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- London Commodity Brokers - England
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
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