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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, 05 December 18
WORLD COAL PRICES FALL, WITH INDONESIA BENCHMARK FOR DECEMBER, ENDING AT LOWEST SINCE JUNE 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 05 December 18
SHIPPING MARKET INSIGHT - GIANNIS ANDRITSOPOULOS
Is the rise in crude carrier rates driven only by seasonality, or is the recent positive reversal signaling the end of challenging days for the mar ...
Monday, 03 December 18
WCA'S ENGAGEMENT AT COP24 IN KATOWICE - WCA
The 24th Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC) will take place from the 2-14 December 2018 in K ...
Monday, 03 December 18
SUPRAMAX: FIXED DELIVERY KALIMANTAN TO WEST COAST INDIA, AT $11000 - THE BALTIC BRIEFING
Capesize
A roller-coaster week for the big ships with hopes soaring at the start for a mini last quarter revival, only to be dashed as the week ...
Sunday, 02 December 18
TRADE WAR LEADING TO HEADWINDS FOR THE FRAGILE DRY BULK RECOVERY - PETER SAND, BIMCO
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports which ...
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- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Planning Commission, India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Interocean Group of Companies - India
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
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