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Wednesday, 10 February 16
SOUTH AFRICA IS HOPING TO SHIP MORE COAL TO INDIA IN 2016
 COALspot.com: South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal in 2015, industry officials said, said Reuters.
"As far as South African coal for India, it is definitely on a growth path. How long and how much is yet to be seen," Arun Maheshwari, senior vice president commercial for Indian firm JSW Steel, told a coal conference in Cape Town, as quoted by Reuters.
The Reuters further reported that, Global oversupply and a drop in coal prices to 7-year lows have hit miners and coal exporting countries hard. Indonesian coal exports fell 50 million tonnes in 2015 due to the market glut and Chinese slowdown. A drop in Indonesian exports to India, which imported around 165 million tonnes of thermal coal in 2015, offers an opportunity for South Africa, analysts said.
South African coal, which is generally of a high calorific value, can now compete better on price with Indonesian coal, in part due to lower freight prices. However, Indian power utilities still prefer for Indonesia’s medium to low calorific value coal to due to lower ash and sulphur content.
Meantime, South India’s cement producers have already switched their procurement to pet coke of U.S origin from high quality thermal coal. The current extremely low sea freights are supporting long-haul cargos at very competitive landed cost for end-users.
One of the Indonesia’s leading low Ash and low Sulphur coal producer and exporter, Adaro Indonesia has shipped 16% of its coal to China & 13% to India in 2015. The miner has produced 51.46 Mt in 2015, 8% lower compared to FY14 output.
The world oil prices are also under pressure due to high output. EIA’s forecast for the average Brent crude oil prices to average $38/b in 2016 and $50/b in 2017. Forecast West Texas Intermediate (WTI) crude oil prices are expected to average the same as Brent in both years.
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Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
Thursday, 04 February 16
CAPESIZE: WEST AUSTRALIAN TO CHINA HAS BEEN CONCLUDED AT US$ 2.85 PMT AND THE C3 MARKET REMAINS INACTIVE - FEARNLEYS
Capesize
As everyone is getting ready for the Chinese new year, already depressed rates are under further pressure.
According to Fearnleys, ...
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- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Parliament of New Zealand
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
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