We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 22 September 09
PANAMA CANAL EXPANSION MAY AID COLOMBIA COAL TO ASIA
 * Colombia producers hope for growth in Asia shipments
* Panama Canal will allow smaller coal Capesize vessels
* Australia, Indonesia to remain biggest Asia coal suppliers
Reuters reported that, Colombian coal exporters will seek to take advantage of booming demand in Asia when the Panama Canal expansion is completed in 2013, shipping analysts and Colombian coal producers say.
Colombia, the world's fifth-largest exporter of steam coal, has been hit by falling demand in key European and the U.S. markets, and has been the only producing country unable to sell into Asia due to high freight costs
"They (producers) potentially could be shipping out coal from Colombia across the Pacific. Obviously it would depend on the size of ship and how they develop this canal," said Will Fray, shipping analyst with London-based consultants Maritime Strategies International (MSI).
Colombia is expected to export around 61 million tonnes of coal in 2009, roughly on a par with Russia and South Africa but below Indonesia and Australia.
"The big thing about Colombian coal is it was competing in Europe with South African business, which at the moment has been moving eastwards," Fray added.
The Panama Canal Authority will spend $5.25 billion to expand and deepen the Panama Canal enabling larger bulk vessels and oil tankers to move commodities into the Pacific markets
"The expansion will make it more possible in theory for Colombian coal to move to Asia but there are many factors which make it unlikely to be shipped in large quantities," said a major Colombian producer who declined to be named.
"It's far more likely that South African coal will remain cheaper than Colombian for the Asian market outside of India and that production in Australia and Indonesia will grow to meet any increased local demand," the producer said.
The biggest Colombian producers, including Drummond Coal, Cerrejon and Prodeco, do not expect to be making significant inroads into Asia but see some opportunities for spot sales.
Brazilian energy company MPX Energia remains optimistic, however, that it will be able to sell coal into Asia via the expanded Canal
"The expansion will allow coal shippers to use small capesize vessels of 130,000-140,000 tonnes rather than panamaxes of around half that size. There are always savings when using larger ships," said Peter Norfolk, Director of Consultancy & Research at shipbrokers Simon, Spence and Young (SSY).
"But it's unlikely that exports from Colombia into the Pacific will increase significantly because growth in demand there is more likely to be met by production from nearby producers in Australia and Indonesia," he said.
Thermal coal is shipped globally in capesize vessels of 120,000-150,000 tonnes, panamax vessels of around 65,000-75,000 tonnes and handymax vessels of 45,000-50,000 tonnes.
Asian buyers in China, Japan, South Korea and Taiwan who can discharge cheaper capesize vessels will do so. Indian buyers are forced to use mostly handymaxes because there are few ports which can accept panamaxes and only one which can take capes.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 22 September 09
SHORT PERIOD RATE FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI just dropping by about 5 pct to 2,356 points last week. The change ...
Tuesday, 22 September 09
AUSTRALIA SEES HIGHER ASIAN THERMAL COAL IMPORTS
* Asia '09 imports to rise 3.5%, vs pvs f'cast of 3.3% fall
* Asia 2010 thermal coal imports expected to rise 6.3 pct
* China to become net im ...
Monday, 21 September 09
ACCC SET TO APPROVE NEWCASTLE COAL SHIPPING AGREEMENT
ABC reported that, The competition regulator says it is likely to approve a new agreement over coal loading arrangements at Newcastle.
Australian ...
Friday, 18 September 09
PEABODY ENERGY ESTABLISHES ASIAN COAL TRADING HUB IN SINGAPORE
Peabody Energy announced it has opened an office in Singapore that will serve as the new hub for Peabody COALTRADE International activities in South ...
Friday, 18 September 09
AUSTRALIA NEWCASTLE COAL PORT: SEEKS INTERIM QUOTA SYSTEM
Reuters reported that, Australia's Newcastle coal terminal wants to re-introduce an interim export quota system after a group of miners led by BHP ...
|
|
|
Showing 6411 to 6415 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
|
| |
| |
|
