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Monday, 08 August 16
THE TURKISH GOVERNMENT HAS IMPOSED A $15 A TON DUTY ON POWER PLANT COAL IMPORTS - MEDIA
 COALspot.com: The Turkish government has imposed a US$15 per ton duty on thermal coal imports for use in its power sector.
According to media reports, the tax is to be paid by power producers and is levied on a GAR-basis for imported coal and EU-suppliers are exempt from the duty.
The Turkey is importing most of the coal from Colombia, market reports say.
According to Wood Mackenzie, the law is an attempt to curb imports and deliver a stronger contribution from Turkey's domestic market; however, given weak alternatives (poor domestic supply, more costly gas) we do not see an immediate impact.
The European Association for Coal and Lignite's report noted that, the Turkey has around 1.3 billion tonnes of hard coal and 13.9 billion tonnes of lignite reserves and resources, of which 0.5 billion tonnes and 13.4 billion tonnes respectively are proven reserves.
Turkey has imported around 31.5 million tons of coal in 2014 and produced around 41.8 million tons of lignite and 1.5 million tons of hard coal.
According to Euracoal, In 2015, the Turkish government approved the construction of three new coal-fired power plants, increasing capacity by 2 X480 MW and thermal coal imports by 6.2 Mt/year. Filiz Enerji was given clearance for a 1 200 MW coal power plant in Canakkale, on the Aegean coast, consuming 3 Mt/year.
Atakas Energy received approval for a 680 MW power plant at Iskenderun, on the Mediterranean coast, adding about 1.7 Mt/year. Finally, IC Ictas Energy has permission for a 600 MW power plant, requiring about 1.5 Mt/year, near the city of Adana, in the south of the country.
In 2016, Tosyali Electricity received approval for another power plant at Iskenderun, of 1 200 MW, based on 3 Mt of imported thermal coal, EURACOAL's data shows.
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Thursday, 28 July 16
LAST WEEK ENDING UP WITH BUSIER TONES FOR SUPRAMAXES NOW COOLING DOWN - FEARNLEYS
Supramax
Last week ending up with busier tones for Supramaxes now cooling down as with index being down to 684. Average daily earnings for Supram ...
Wednesday, 27 July 16
RATES FOR THE SMALLER SIZES OVER-PERFORMED THE MARKET LAST WEEK - INTERMODAL
The decline the BDI noted last week was somewhat expected given the fact that the market has been overall firming for almost a month no ...
Wednesday, 27 July 16
GLOBAL OIL SUPPLY IS EXPECTED TO REMAIN HIGHER THAN GLOBAL CONSUMPTION IN 2016 - CHRISTOPHER WHITTY
Global oil supply is expected to remain higher than global consumption in 2016, keeping oil prices at relatively low levels this summer compared wi ...
Tuesday, 26 July 16
NORTH P&I CLUB EXPLAINS HOW TO AVOID CLAIMS FOR SELF-COOKING SOYA BEANS
KNOWLEDGE TO ELEVATE
North P&I Club has advised its members to be extra vigilant during loading and transport of soya beans to ensure they ...
Monday, 25 July 16
STRONG BUYER DEMAND PUSHING UP INDONESIAN THERMAL COAL INDICES
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.73 percent week over week to averaging $40.83 per ton this past week, shows C ...
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- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- VISA Power Limited - India
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- White Energy Company Limited
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Planning Commission, India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
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