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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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Monday, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE
Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that i ...
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- Trasteel International SA, Italy
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- Indonesian Coal Mining Association
- The University of Queensland
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- Minerals Council of Australia
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Sical Logistics Limited - India
- Commonwealth Bank - Australia
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- Eastern Coal Council - USA
- India Bulls Power Limited - India
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- Port Waratah Coal Services - Australia
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- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
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- Australian Coal Association
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- Singapore Mercantile Exchange
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- Jaiprakash Power Ventures ltd
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- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
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- Straits Asia Resources Limited - Singapore
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- Tata Chemicals Ltd - India
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- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
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- Latin American Coal - Colombia
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- London Commodity Brokers - England
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- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
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- Uttam Galva Steels Limited - India
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- MS Steel International - UAE
- Economic Council, Georgia
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- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
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- PetroVietnam Power Coal Import and Supply Company
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- The State Trading Corporation of India Ltd
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- Ceylon Electricity Board - Sri Lanka
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- Sree Jayajothi Cements Limited - India
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- Cigading International Bulk Terminal - Indonesia
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