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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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Wednesday, 09 March 16
U.S. COAL EXPORTS DECLINED 24% (74 MMST) IN 2015; COAL PRODUCTION IS EXPECTED TO DECREASE BY 111 MMST IN 2016 - EIA
U.S. Coal Supply
EIA estimates that U.S. coal production for February 2016 was 54 million short tons (MMst), a 4 MMst (7%) decrease from the prev ...
Wednesday, 09 March 16
RI MAY HAVE TO IMPORT COAL FOR FUTURE POWER PLANTS: STUDY - THE JAKARTA POST
With coal prices continuing to decline, Indonesia will struggle to provide the coal needed to fire up its power stations in the near future, a stud ...
Tuesday, 08 March 16
INDONESIA HIKES COAL BENCHMARK PRICE FOR THE FIRST TIME IN 12 MONTHS
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price further deep in February 2016, but up slightly in Mar ...
Tuesday, 08 March 16
THE DRY CARGO MARKET ENDURED ONE OF ITS MOST DIFFICULT YEARS IN 2015, EXPERIENCING LOWS NOT SEEN SINCE THE MID 1980S - CLARKSONS
Whilst shipping and offshore markets have seen some good opportunities during 2015, overall there have been unprecedented challenges, so we are ver ...
Monday, 07 March 16
INDONESIAN 5700 GAR COAL INDEX DECLINE $0.05 A TON WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.28 percent week over week to averaging $38.66 per ton on this past Friday, ...
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- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Australian Coal Association
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
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