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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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Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...
Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
Business Standard reported that, private power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet de ...
Saturday, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR
COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by ...
Saturday, 26 September 09
GSECL PLANS TO PROCURE 15 LAKH (1.5 MILLION) MT OF IMPORTED COAL
Business Standard reported that, State-run power generation company, Gujarat State Electricity Corporation Ltd (GSECL) intends to procure 15 lakh (1 ...
Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenf ...
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- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- The University of Queensland
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
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