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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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Wednesday, 06 March 19
KOREA SOUTHERN POWER CO INVITES BIDS FOR 980,000 MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...
Wednesday, 06 March 19
SHIPPING MARKET INSIGHT - INERMODAL
In a downward moving market, softer SnP activity is usually a given, as the gap between Sellers’ and Buyers’ ideas widens, especially w ...
Saturday, 02 March 19
A 60,500-TONNER WAS BOOKED DELIVERY SINGAPORE, VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $11,250 - BALTIC BRIEFING
Capesize
Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all a ...
Thursday, 28 February 19
COAL'S PERFECT STORM HITS $70 BILLION AUSTRALIAN PROJECTS - BLOOMBERG
It’s been a tough few weeks for our coal industry.
First there was a court ruling blocking a new mine on climate change ground ...
Wednesday, 27 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
With the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of ...
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- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- PTC India Limited - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- The University of Queensland
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Minerals Council of Australia
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Australian Coal Association
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
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