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Friday, 11 March 16
ADANI GLOBAL BAGS 0.26 MILLION TONS OF COAL CONTRACT FROM LANKA COAL COMPANY
 COALspot.com: Lanka Coal Company (Private) Limited, Sri Lanka has awarded 260,000 +/- 10% tons of Power plant 6300 GAR calorific value coal to Adani Global Pty Ltd Singapore on 4 March 2016.
According to market sources, the total quantity will be supplied based on FOB South Africa or Indonesia and Ceylon Shipping Corporation will transport the coal from load port to Lakvijaya Power Plant.
A source familiar with the tender said that, the contract between Adani Global Singapore and Lanka Coal Company has been signed on 9 March 2016 and the coal will be shipped soon.
LCC floated a short term tender and bids were invited until 3 March 2016 10.00 am local Time. According to available information, LCC has awarded the contract on 4 March 2016.
In addition to Adani Global Singapore, International coal traders such as Swiss Singapore and Liberty Commodities have also participated tender. However, according to our sources, the price quoted by Adani Global was the lowest compared to the prices quoted by other two bidders which were at least US$ 1 to US$ 2 per ton higher than Adani Global's quoted Price.
According to another senior trading source, LCC has adopted a transparent procedure to finalize the coal supplier. The quick and transparent process yielded desirable results and got the best rates in the trade. This process has gained the confidence and comfort of International coal trading companies there by getting the best prices.
Lanka Coal Company (Private) Limited is 60% owned by Ceylon Electricity Board, 10% Ceylon Shipping Corporation, 10% Sri Lanka Ports Authority and remaining 20% owned by Treasury. LCC procures coal on behalf of Ceylon Electricity Board to supply 3X300 MW Lakvijaya Power Plant.
According to LCC's website, Lanka Coal Company (Private) Limited began supplying of coal to Lakvijaya Power Plant and from the initial experience gained, LCC has successfully delivered nearly 2 million metric tons of coal in 30 shipments as at October 2013.
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Friday, 11 March 16
US WEEKLY COAL PRODUCTION DOWN BY 0.5 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.6 million shor ...
Friday, 11 March 16
FORTESCUE'S MOU WITH VALE COULD STRENGTHEN ITS BUSINESS PROFILE - FITCH
COALspot.com: Fitch Ratings says that Australia-based Fortescue Metals Group Limited's (BB+/Negative) memorandum of understanding (MOU) with Br ...
Thursday, 10 March 16
CHINA'S NEW POLICY PLAN COULD BE POSITIVE FOR SHIPPING, BUT TARGETS SEEM RATHER AMBITIOUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China set out its new policy plan during the course of the past weekend, but it seems to have set some very ambitious goals, which could be difficu ...
Thursday, 10 March 16
U.S. COAL EXPORTS DECLINED 23% IN 2015, AS COAL IMPORTS REMAINED STEADY
COALspot.com: The United States remains a net exporter of coal, exporting 74.0 million short tons (MMst) and importing 11 MMst in 2015.
Accord ...
Thursday, 10 March 16
IT FEELS SAFE TO SAY THAT THE MARKET IS SLOWLY AND PAINFULLY REGAINING ITS BALANCE
With the BDI marking its third consecutive positive weekly closing, it feels safe to say that the market is regaining its balance; slowly and painf ...
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- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- MS Steel International - UAE
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
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