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Thursday, 10 January 19
PAKISTAN'S COAL IMPORTS TO SURGE TO 30 MILLION TONS PER ANNUM BY 2020 - CEO, PIB
 Pakistan’s coal imports are estimated to surge to 30 million tons/annum from existing 20 million tons/annum by the year 2020, given the planned expansion of cement manufacturers and coal-based power plants scheduled to come online in a couple of years, Shariq Siddiqui, CEO of Pakistan International Bulk Terminal (PIBT) said.
Talking to The News on Monday, Siddiqui said around 8.0 million tons of coal was imported by cement companies every year, while 12 million tons was imported by power plants including Sahiwal Power Plant and Port Qasim power plants.
The demand by cement manufacturers was estimated to increase by 2.0 million tons, while 8.0 million tons would be required by coal-based power plants by 2020.
“PIBT is the only dirty bulk cargo terminal with state-of-the-art mechanised system having capacity to handle 12 million tons/annum. As the imports surge, we would go for expansion,” Siddiqui said.
The Supreme Court of Pakistan (SCP) in July 2017 imposed a complete ban on coal handling at Karachi Port, and ever since, PIBT was the only terminal handling commercial imports of coal. The power plants have their own coal-import jetties.
“PIBT started operations in July 2017, and has so far running in operational losses. However, planned expansion in the wake of rising demand would help the company’s balance sheet,” Siddiqui added.
Talking about the terminal operations, Siddiqui said, “PIBT empties a 60,000 tons vessel in 30 hours, which used to take around seven days at Karachi Port, thus saving demurrages to shipping line and the importer. Moreover, the mechanised system avoids pilferage and environment hazards.”
He said a proposal had been forwarded to the Ministry of Railways for laying four kilometre train tracks connecting PIBT to Juma goth junction, which, he added would facilitate coal transportation a lot.
It is worth noting that a vessel has to pay demurrage to the tune of $14,000/day at Karachi Port and this expense is borne as per the arrangement between the importer and the shipping company.
An importer said about 60 percent of the coal imported was transported to cement manufacturers in the northern region, and shifting of coal handling from Karachi Port to Port Qasim eased this transportation.
Coal handling at Port Qasim also generates revenue for the government, as a royalty of $2.27/ton is imposed by the Port Qasim Authority (PQA), which was absent at Karachi Port.
Shariq Siddiqui suggested that clinker export handling should also be banned at Karachi Port as this commodity was even more hazardous for environment and human health than coal.
“Switching of coal handling from Karachi Port has improved environment in Karachi and switching of clinker handling would have even better impact,” he added.
Source: The News
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Thursday, 16 May 19
SUPRAMAX: INDO/CHINA COAL RV TRADING AROUND US$ 9,000 BSS S.CHINA DELIVERY - FEARNLEYS
Capesize
This volatile segment is trying to find a clear direction from the present US$ 12,000/day earnings for standard units says Fearnleys W ...
Wednesday, 15 May 19
SHIPPING MARKET INSIGHT - THEODORE NTALAKOS
Modern warfare - Trade wars & sanctions
As of May 1st, the U.S. has ended waivers to the sanctions that had allowed the top buyers of Irani ...
Monday, 13 May 19
INDONESIAN COAL PRICE REFERENCE CONTINUES TO FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Monday, 13 May 19
SUPRAMAX: SOUTHEAST ASIA THE MARKET SAW BETTER DEMAND - BALTIC BRIEFING
Cape
The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week& ...
Thursday, 09 May 19
DEEP OFFSHORE SOUTHEAST ASIA CONGRESS 2019
Deep Offshore Southeast Asia Congress 2019
Event Date:2-3th July. 2019t
Location: Jakarta, Indonesia
Sarawak Shell Berhad (S ...
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- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
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- Global Business Power Corporation, Philippines
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- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
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- Chamber of Mines of South Africa
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- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
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- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Power Finance Corporation Ltd., India
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- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
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- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
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- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
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- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
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