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Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15 vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – 900,000 MT of Indonesian coal since December 2009.
According to our sources, a vessel was waiting since 4th December to load about 40,000 MT. but, there is no sign of commencement of loading of coal for that vessel. Mostly Indian and Chinese buyers are affected against non performance or slow performances of those waiting vessels.
Some of vessels or charterers are considering to move their vessels from east Kalimantan anchorage to south Kalimantan to look for fresh cargo to load. However according to people who are familiar with south Kalimantan supply chain said that, supply crisis of South Kalimantan is also similar to East Kalimantan. Hence finding coal for immedete loading would not be easy even thou willing to pay higher price.
Majority of vessels are called for small or medium scale supplier / producer/ trader, but some of waiting vessels are belongs to big international coal trading companies.
According to shipping companies in south and east Kalimantan, there are still new vessels are expecting to arrive loading anchorage for loading. However they also added that, there is no sign of preparation either coal or barges to load incoming vessel on schedule by respective suppliers.
Hence the situation may become more worse in coming weeks. Out of 11 – 15 vessels, few vessels are waiting without knowing estimat loading date, logistic service companies said.
Due to strong Indoensian Rupiah, Indonesian coal prices increasing and now at higher level compare to last quarter of 2009. Coal traders who contracted at old price with buyers and not covered cargo from their suppliers are facing difficulties to full fill their contractual commitments. Hence the vessels are forced to wait until they find a solutions over come supply crisis.
Indoensian coal prices are also increased compare to early December 2009 due to stronger Indoensian Rupiah and higher demand from India and China.(cs)
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Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...
Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...
Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract
Mining and metals conglomerate Vedant ...
Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground.
The BDI fell 5%, a ...
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- Mercuria Energy - Indonesia
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- Coalindo Energy - Indonesia
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- Indika Energy - Indonesia
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- Energy Development Corp, Philippines
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- GVK Power & Infra Limited - India
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- Indogreen Group - Indonesia
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- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
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- Ministry of Mines - Canada
- Renaissance Capital - South Africa
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- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
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- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
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- Economic Council, Georgia
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- Australian Coal Association
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- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
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- VISA Power Limited - India
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- ICICI Bank Limited - India
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- Samtan Co., Ltd - South Korea
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- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
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- Pipit Mutiara Jaya. PT, Indonesia
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- Mjunction Services Limited - India
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- Maheswari Brothers Coal Limited - India
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- Eastern Energy - Thailand
- New Zealand Coal & Carbon
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- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
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- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
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- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
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- Coal and Oil Company - UAE
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- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
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- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
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- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
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- Videocon Industries ltd - India
- Minerals Council of Australia
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- CIMB Investment Bank - Malaysia
- PTC India Limited - India
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- Power Finance Corporation Ltd., India
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- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
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- Baramulti Group, Indonesia
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- Ministry of Finance - Indonesia
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- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
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- Antam Resourcindo - Indonesia
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- The State Trading Corporation of India Ltd
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- Planning Commission, India
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