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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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Thursday, 07 January 16
FOB NEWCASTLE COAL SWAPS DELIVERY Q1'16 REMAIN FLAT W-O-W; UP M-O-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery rose another $1.23 per ton (3.35%) this past week compared to the sam ...
Thursday, 07 January 16
SHIPPING WILL REMAIN VOLATILE AND INDISPENSABLE IN 2016 - MOORE STEPHENS
The ultimate definition of an optimist has been characterised as an accordion player with an answerphone. Such extreme optimism might be difficult ...
Wednesday, 06 January 16
NEW COAL PRICE PASS-THROUGH REGULATION BENEFITS CHINA IPPS - FITCH RATINGS
Fitch Ratings says the new Coal Price Pass-through Mechanism announced by the National Development and Reform Commission (NDRC) on 31 December ...
Tuesday, 05 January 16
BIG COAL MINERS PLAN HIGHER PRODUCTION THIS YEAR - THE JAKARTA POST
The country’s major coal miners plan to further boost production in 2016 although analysts estimate that an oversupply in the world’s c ...
Tuesday, 05 January 16
THE SHIPPING MARKET IN 2015 AND LOOKING FORWARD - BIMCO
Global economy: menacing clouds in the sky cast a shadow on global economic developments 2015 never really took off, even though the global economi ...
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- Parry Sugars Refinery, India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
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- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
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- GMR Energy Limited - India
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- Cement Manufacturers Association - India
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- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- London Commodity Brokers - England
- PowerSource Philippines DevCo
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- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
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- Chamber of Mines of South Africa
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- Tata Chemicals Ltd - India
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- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
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- Eastern Coal Council - USA
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- Economic Council, Georgia
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- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
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- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
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- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
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- Trasteel International SA, Italy
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- Standard Chartered Bank - UAE
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- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
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- Orica Mining Services - Indonesia
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- Tamil Nadu electricity Board
- Australian Coal Association
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
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- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
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- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Sindya Power Generating Company Private Ltd
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- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
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- Medco Energi Mining Internasional
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- Indonesian Coal Mining Association
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- Toyota Tsusho Corporation, Japan
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