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Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
 * First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track
Reuters reported that, Coal of Africa (CoAL) said on Monday it expects to start production at its Vele coking coal project in South Africa by April next year if the government grants it a license as expected this quarter.
The company had earlier predicted for the license to be granted within the third quarter.
Vele will initially produce up to 1 million tonnes of coal per year, to be ramped up to 5 million tonnes, and supply steel maker ArcelorMittal SA and exports.
"The Company expects the granting of a New Order Mining Right for its Vele coking coal project before the end of 2009 and production is expected to follow within four months of receiving the required legislative approval," Managing Director Simon Farrell said in a statement.
CoAL said it has railed and sold first coal from its Mooiplaats thermal coal project also in South Africa, with production in September reaching 30,000 tonnes of run of mine.
The miner has said it expects Mooiplaats to reach an annual run of mine production of 1.7 million tonnes by 2010, ramping up to 3.2 million tonnes by 2014.
Coal from Mooiplaats is expected to be railed to the Matola Terminal in Maputo, Mozambique, from where shipping is expected to commence by the end of this year.
CoAL said it had signed an off-take agreement with Traxys, a global mineral marketing company, for 35 percent of the export quality thermal coal from Mooiplaats.
The company said it has agreed the terms for a further 35-percent offtake with another global trader, with an agreement seen by end of 2009. CoAL is in talks with logistics group Transnet to increase its rail allocation on the lines to the Matola terminal via a public-private partnership (PPP) deal.
The company's export allocation at the port stands at 1 million tonnes per annum, to be expanded to 3 million tonnes by late 2010 and with the potential to reach 13 million tonnes following an expansion of the export terminal.
"I am optimistic that the railways PPP initiative will ensure that the Company will be able to deliver significant tonnage of coal to the international and domestic markets," Farrell said.
Shares in CoAL were trading up 0.28 percent at 14.50 rand by 0744 GMT, roughly in line with the JSE Top-40 blue-chip index
Source:Reuters
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Thursday, 16 February 17
IF I PLAN TO UNDERTAKE A CHARTERPARTY WITH AN UNFAMILIAR ENTITY, WHAT STEPS CAN I TAKE TO ENSURE THE CHARTERER WILL PAY THEIR HIRE? - SHIPOWNERS' CLUB
KNOWLEDGE TO ELEVATE
Due to the difficult conditions currently existing in the shipping market, particularly in the offshore sector, Members a ...
Wednesday, 15 February 17
SHIPPING MARKET INSIGHT - INTERMODAL
Looking at the state of the Dry Bulk market exactly a year ago, there is no doubt that there is a significant improvement and despite the fact that ...
Tuesday, 14 February 17
OPTIMISM HAS STARTED TO SLOWLY FLOW BACK INTO THE DRY BULK MARKET - GEORGE LAZARIDIS
Optimism has started to slowly flow back into the dry bulk market, with many in the market showing renewed optimism as the Pacific basin starts to ...
Monday, 13 February 17
COMBINED COAL SALES OF BUMI RESOURCES ROSE TO 87.7 MILLION TONS IN FY'16; UP 10.6 PERCENT Y/Y
COALspot.com: Combined Coal Sales of Bumi Resources rose to 87.7 million tons in FY’16 compared with 79.3 million tons in FY’15. ...
Monday, 13 February 17
THE FREIGHT MARKET CONTINUED TO TUMBLE IN FEBRUARY
COALspot.com: The Freight market was continued its downfall in all segments except Panamax for the week ending 10 February 2017.
The Balt ...
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- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- The University of Queensland
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
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