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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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Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
Tuesday, 19 January 10
COAL FOR DOMESTIC USERS
While the government is already almost a year behind schedule in issuing regulations to implement the new mining law, mineral producers have been&nb ...
Tuesday, 19 January 10
RISING DEMAND FROM POWER FIRMS TO PUSH COAL PRICES
The resurgence of the Chinese economy, along with harsh winter conditions across the country, is likely to push coal prices up in the short term. In ...
Tuesday, 19 January 10
ESSAR'S MEGA ACQUISITION PLANS
India’s Essar Group has carved a mega plan that includes a slew of acquisitions and investments in assets across various businesses. CNBC-TV18 ...
Monday, 18 January 10
INDONESIA SHIPPED 15.90 PERCENT OF TOTAL COAL EXPORTS IN 2009 TO INDIA
COALspot.com (Indonesia): Indonesia, the world largest coal exporter, exported 19.07 percent of the total coal export in 2009 to China and 15. ...
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- Coal and Oil Company - UAE
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- Planning Commission, India
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- Australian Coal Association
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- Gujarat Electricity Regulatory Commission - India
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- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- Videocon Industries ltd - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
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- Alfred C Toepfer International GmbH - Germany
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- The University of Queensland
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- Edison Trading Spa - Italy
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- Mintek Dendrill Indonesia
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- Energy Development Corp, Philippines
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- Ministry of Transport, Egypt
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- Meralco Power Generation, Philippines
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- Energy Link Ltd, New Zealand
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- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
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- Trasteel International SA, Italy
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- IEA Clean Coal Centre - UK
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- Binh Thuan Hamico - Vietnam
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- The State Trading Corporation of India Ltd
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- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
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- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
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- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Sojitz Corporation - Japan
- ASAPP Information Group - India
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- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
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- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
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- Minerals Council of Australia
- Eastern Energy - Thailand
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- SN Aboitiz Power Inc, Philippines
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- Electricity Authority, New Zealand
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- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
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- Interocean Group of Companies - India
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
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