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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, 07 October 15
SHIPPING MARKET INSIGHT - INTERMODAL
Sale and Purchase activity during the first three quarters of 2015 and more specifically during the summer season has been rather remarkable. 421 v ...
Wednesday, 07 October 15
INDONESIA COAL SWAPS HAVE CONTINUED TO DECLINE, FALLING ALMOST 7% M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.
The Q4 swap declined $ 2.23 (-5.51%) per t ...
Tuesday, 06 October 15
THE IMPACT OF LOW OIL PRICE ON THE SHIPPING INDUSTRY - LITERATED
The fall in global oil prices over the last one year has been beneficial to the shipping industry. The demand for oil tankers has picked up and the ...
Tuesday, 06 October 15
FOB RICHARDS BAY COAL SWAPS PLUNGE MORE THAN 6 PER CENT M-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month.
The Q4 swap was down US$ ...
Monday, 05 October 15
Q1 & Q2 2016 DELIVERY SWAPS DECLINED M-M AND W-W THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $0.36 per ton (0.85%) month over month to US$ 42.12 per ton. The ...
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- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
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- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
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- Trasteel International SA, Italy
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- Bhushan Steel Limited - India
- Minerals Council of Australia
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- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
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- Indian Oil Corporation Limited
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- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
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- The University of Queensland
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- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
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- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
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- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
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- Thai Mozambique Logistica
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- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
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- Indian Energy Exchange, India
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- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- New Zealand Coal & Carbon
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- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- The Treasury - Australian Government
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- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
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- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
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- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- MS Steel International - UAE
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- Goldman Sachs - Singapore
- Xindia Steels Limited - India
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- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
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- Aboitiz Power Corporation - Philippines
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- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
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- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
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- SMC Global Power, Philippines
- Central Electricity Authority - India
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- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
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