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Thursday, 23 August 18
RUSSIA'S MECHEL PRODUCED 9.69 MMT OF RUN-OF-MINE COAL IN 1H'2018
 Mechel PAO, one of the leading Russian mining and metals companies, announces 1H2018 operational results.
Mechel PAO’s Chief Executive Officer Oleg Korzhov commented on the 1H2018 operational results:
“Renewal of mining equipment at Mechel’s coal facilities enabled us to attain stable mining levels and we plan to maintain this work pace until this year’s end. The decrease in mining volumes was due to a decline in thermal coal mining and re-orienting our facilities to focus on coking coals. Thermal coal production increased only in Elgaugol due to an overall mining growth, so we expanded the geography of our sales of washed thermal coal from the Elga deposit, making our first supplies to India, Myanmar and Vietnam.
According to Oleg Korzhov, Coking coal concentrate sales in the second quarter went up by 19% quarter-on-quarter due to an increase in supplies as the company entered into new contracts with major steelmakers in Asia Pacific for the 2018 financial year, which started in April. Export to Asia Pacific went also up by 60%, with China becoming the biggest importer of Mechel's coking coal concentrate in this period. The company's supplies to Japanese customers also increased as well. Oleg Korzhov said, "Our supplies to China demonstrated positive dynamics that were further supported by the boost to coking coal concentrate production at Elga Coal Complex".
“The 17-percent increase in PCI sales in the second quarter is due to additional sales of stockpiles accumulated in the first quarter due to infrastructure limitations at Far Eastern ports. We ship practically the entire PCI volume to our Asian partners in South Korea, Japan and China, Chief Executive Officer of Mechel PAO said in report.
“Anthracite sales also demonstrated positive dynamics (+3%). Our chief customers for this product are based in Europe. Nevertheless, we try to re-distribute our export flows and increase our sales to customers in Asia and the CIS, as today those markets show better margins for anthracites, says Mechel PAO’s Chief Executive Officer Oleg Korzhov.
According to the report, the company has produced 9,691,000 tons of Run-of-mine coal in 1H'2018, down 6.19% compared to the same period last year.
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Wednesday, 22 August 18
KOMIPO INVITES BIDS FOR 480K TONS OF BITUMINOUS COAL FOR BORYEONG POWER PLANT & SHIN BORYEONG POWER PLANTS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 480,000 mt of min. 5700 NAR coal of Australian origi ...
Wednesday, 22 August 18
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
During the most quite week of the summer period we witnessed a trade war between United States and Turkey. A battle, which started with the arrest ...
Monday, 20 August 18
SUPRAMAX: OVERALL IT WAS A POSITIVE WEEK FOR THE BSI INDEX WITH GAINS MADE - THE BALTIC BRIEFING
Capesize
A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad wea ...
Friday, 17 August 18
DO ARBITRATION AGREEMENTS IN BILLS OF LADING BIND THEIR HOLDERS? - WFW
KNOWLEDGE TO ELEVATE
Bills of lading are a crucial part of the security package traditionally sought by trade finance providers.
...
Friday, 17 August 18
MALAYSIA'S MANJUNG 4 - WORLD COAL ASSOCIATION
According to the IEA’s Energy Access Outlook 2017 report, nearly all of those who gained access to electricity worldwide in the last 16 years ...
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- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
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- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Parliament of New Zealand
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