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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, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...
Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...
Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...
Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...
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Showing 6386 to 6390 news of total 6871 |
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- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- White Energy Company Limited
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- VISA Power Limited - India
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- The University of Queensland
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
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