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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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- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Economic Council, Georgia
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
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