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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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Tuesday, 29 January 19
HARD COAL BEARS THE BRUNT OF THE RECOMMENDATIONS OF THE COMMISSION GROWTH STRUCTURAL CHANGE AND EMPLOYMENT - VDKI
Press Release: Hard coal bears the brunt of the recommendations of the Commission Growth Structural change and employment.
In its fi ...
Tuesday, 29 January 19
CHINA HAS BEEN THE TOP DRIVER OF GLOBAL GROWTH FOR NEARLY TWO DECADES - ALLIED
China has been the top driver of global growth for nearly two decades now, pushing demand for seaborne trade and being the key influencer for deman ...
Saturday, 26 January 19
SUPRAMAX: NICKEL ORE RUNS SAW A 56K DWT VESSEL, DELIVERY PHILIPPINES, FIXED FOR A TRIP TO CHINA AT $6K - BALTIC BRIEFING
Capesize
A week of dashed hopes for owners as the optimism evident the previous week evaporated. Rates slipped on all routes and underlying thr ...
Thursday, 24 January 19
ANOTHER DISAPPOINTING WEEK FOR PANAMAX OWNERS; MARKET CONTINUES DOWN IN BOTH BASINS - FEARNLEYS
Capesize
The week has been marked by low activity and dropping rates in both basins. As usual, supply additions have increased at the beginning ...
Thursday, 24 January 19
KOREA SOUTHERN POWER INVITED BIDS FOR 960K 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 ...
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- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Planning Commission, India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
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