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Thursday, 03 December 09
INDONESIA SEEKS TO INCREASE COAL SHIPMENTS TO INDIA, CHINA
Bloomberg reproted that, Indonesia, Asia’s biggest coal exporter, seeks to increase shipments to India and China as the economies improve and consumption rises.
“We’ll see demand from India increase as their power plants start operating,” Herlan Siagian, general manager for marketing at PT Bumi Resources, Indonesia’s biggest coal producer, said on the sidelines of a McCloskey Group Ltd. industry conference in Bali.
Chinese coal imports may exceed 100 million metric tons this year and rise to 200 million tons annually over the next several years, JPMorgan said in a report on Nov. 13. Coal imports by India may increase to 81 million tons in the year ending March 2012 from 70 million tons in the year ending March 2010, Indian coal minister Sriprakash Jaiswal said last month.
PT Berau Coal, Indonesia’s fifth-largest coal producer, expects sales to India to rise to 3 million tons next year from 2 million tons this year, while shipments to China may double to 4 million tons, said Eko Natalina, Berau’s general manager for marketing and sales. South Korean consumers may buy 3.5 million tons from the company next year, compared with 3 million tons this year, he said.
PT Kideco Jaya Agung, partly owned by PT Indika Energy, expects shipments to India to gain by as much as 2 million tons to 6 million tons next year, while shipments to China may increase to 2 million tons next year from 1 million tons in 2009. Sales to South Korea next year may be little changed from this year’s 3.5 million tons, he said.
“With the global economy recovering, demand of coal from China and India will increase,” C.H. Richard Lee, Kideco’s managing director, said in Bali.
Bumi Resources said in October that the company plans to increase sales to China and India by 2012 when Indonesia boosts annual production to 100 million tons from 53 million last year. It may supply 20 percent of its output to each of the two countries, Dileep Srivastava, Bumi’s head of investor relations, said then.
Source: Bloomberg
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Tuesday, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...
Tuesday, 08 December 09
HIGH GLOBAL COAL PRICES HIT POWER PROJECTS
Spot prices for the fuel have appreciated almost 10% in November.
After a sedate year, rising coal prices could hit the coffers of import-based d ...
Monday, 07 December 09
HOW INDIA CAN CUT ITS ENERGY NEEDS BY 20%!
Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Pa ...
Monday, 07 December 09
ASIA COAL POWER IN INDONESIA DISCUSSES NEW MINING LAW, COAL AND POWER SECTORS AS INVESTMENTS POUR INTO COALMINES TO SECURE SUPPLIES
COALspot.com (Singaproe): Press Release - Asia Coal Power pinpoints growing power demand in Asia & Power sector investments in Indonesia's coal ...
Monday, 07 December 09
DRY BULK RATES' VOLATILITY TO STAY, BUT RECOVERY IS UNDERWAY SAYS ION VAROUXAKIS HEAD OF FREESEAS
In an interview with Hellenic Shipping News, Mr. Ion G. Varouxakis, Chairman of the Board, President and CEO of Nasdaq-listed Freeseas, explains why ...
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- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
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- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
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- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
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- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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- Ceylon Electricity Board - Sri Lanka
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- Global Green Power PLC Corporation, Philippines
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- Metalloyd Limited - United Kingdom
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- The State Trading Corporation of India Ltd
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- Price Waterhouse Coopers - Russia
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- Gujarat Mineral Development Corp Ltd - India
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- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
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- PTC India Limited - India
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
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- Mintek Dendrill Indonesia
- The University of Queensland
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- Directorate Of Revenue Intelligence - India
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- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
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- VISA Power Limited - India
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- Indika Energy - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
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- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
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- McConnell Dowell - Australia
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- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
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- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
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- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
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- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
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- Cement Manufacturers Association - India
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- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
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