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Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
 Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern China and the accelerated push by Indian importers for more tonnage, during the Coaltrans conference, held in Johannesburg earlier this month.
He attributed the increase to China’s accelerated infra-structure build and the liberal-isation of the Indian coal sector, as well as the latter country’s struggles to fulfil its Ultra Mega Power projects programme.
Strahan pointed out that the domestic markets had also been promising, and increased their effectiveness and competitive position by reducing freight rates by about a quarter in the last month.
The reduced pricing was exerting pressure on Australian and Indonesian markets, significantly improving South Africa’s competitive position to supply eastern and northern Asian markets. “Clearly, the tradition whereby most South African coals were directed to Europe is set to change,” he said.
In addition, the country would see the arrival of 128 new Capesized vessels by the end of the year. This was the equivalent of an additional 14% of the existing fleet.
“Inevitably, this must lead to cheaper freight rates, consequently offering South African producers an economic advantage and wider market options going forward.”
However, Strahan said that the lingering question was whether South African coal producers were able to supply sufficient volumes of coal to fill logistic export capacities in addition to supplying State utility Eskom and other domes-tic industries.
Strahan said that it was expected that exports from the Richards Bay Coal Terminal (RBCT) would fall below 70-million tons this year. “This can be attributed partly to the
persistent rail transport prob-
lems, as well as the conse-quences of heavy rains, signal failures and generally lower production by South African coal producers.
“All of this, when RBCT capacity is set to increase by next month, on the phase five programme, to 91-million tons of capacity.”
However, Strahan noted that the RBCT’s exports in July rose by just over 30%, compared with exports for the corresponding period in 2008, with much of that heading for India.
“In fact, India now accounts for 20% to 30% of export volumes from South Africa. And, indeed, that is set to expand.”
Lastly, Strahan commented that it should not go unnoticed that other export terminals performed very well during the year, including the Maputo coal terminal and the Durban export facility.
Source: Mining Weekly
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Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
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- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- VISA Power Limited - India
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
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