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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, 08 January 19
GLOBAL TRADE GROWTH EXPECTED TO REMAIN AT HEALTHY IN 2019 - ALLIED
2019 is here and we find ourselves with new challenges for the shipping industry and the global economy as whole, with market prospects being neith ...
Monday, 07 January 19
THE NEWCASTLE BENCHMARK SPOT PRICE IS FORECAST TO DECLINE FROM AN ESTIMATED AVERAGE OF US$105 A TONNE IN 2018 TO US$74 A TONNE IN 2020 - DEPARTMENT OF INDUSTRY, AUSTRALIA
• The Newcastle benchmark spot price is forecast to decline from an estimated average of US$105 a tonne in 2018 to US$74 a tonne in 2020, prim ...
Monday, 07 January 19
INDONESIAN GOVERNMENT DECLARED COAL BENCHMARK PRICE FALLS FOR FIFTH STRAIGHT MONTH IN JANUARY 2019; LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 07 January 19
RUSSIA'S COAL PRODUCTION UP 5.9% TO 433.4 MLN TONNES IN 2018 - TASS
Coal production in Russia in 2018 increased by 5.9% year-on-year to 433.4 mln tonnes, according to the Central Dispatching Department of Fuel Energ ...
Friday, 04 January 19
FOCUS IS ON BOOSTING COAL PRODUCTION: INDIAN COAL MINISTER
The current focus of the government is on boosting production from operational coal mines, according to Minister for Coal, Piyush Goyal.
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- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- The University of Queensland
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Thiess Contractors Indonesia
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
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