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Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s first company established exclusively for coal trading & marketing.
TTI is part of Trada Group and PT. Gunung Tinggi Coal will enable Trada group to enter International coal industry and expand its coal activities in Indonesia and neighborhood countries, as well as explore more in the fields of coal mines investments and joint venturing operation.
Gunung Tinggi is also marketing coal produced by PT. Inti Tiga Berlian Mulia, South Kalimantan. Inti Tiga Berlian Mulia (ITBM) is a low calorific value coal producer in Tanah Bumbu regency is also part of Trada group.
“Indonesia as a largest coal exporter in the world today, we believe the Indonesia is a strategic location for coal industry,” Trada's Chairman, Ad Hanafiah said. "The set-up of a exclusive company for coal will bring Trada closer to its coal customers. Trada maritime will support us to offer our coal on CFR or CNF basis for specific end-users who are willing to enter term contract or off take agreement with us." he further added.
Ridwan Irawan, the president director of Gunung Tinggi Coal said, "We are currently discussing with strategic partners from India as well as from China to work together to expand our presence in India and China the world’s future economic giants . We may work with more than one strategic partners from India and China as India and China’s coal market is big."
Gunung Tinggi is planning to associate with the existing coal trading companies who are strong in India as well as in China to supply their own coal as well from third party coal.
About Trada
Trada International (TI) is a holding company with majority interests in Trada Trading and Trada Maritime. The company's focus is the integrated trading, transportation and development of fossil fuels and chemicals within Indonesia and abroad.
Started in 1998 as a trader of methanol to clients throughout Asia Pacific and Australia, Trada Trading quickly expanded into crude, fuel and bunker oils, petrochemicals and fertilizers. In 2000, with the creation of Trada Maritime, TI entered the shipping business with the management of a maritime terminal in Sumatra. Today the company owns and operates floating storage and off-loading platforms (an activity in which it is the market leader), tankers, tugs and barges throughout Indonesia.
In 2011, Trada Petroleum Pte. Ltd. was established as a platform for Trada¹s initial participation in exploration and production business. (Trada International – www.trada.co.id & Gunung Tinggi www.ptgtcoal.com )
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Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
Tuesday, 02 January 24
COAL TRADE CONTINUES TO HEAD EAST - BALTIC EXCHANGE
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the Inte ...
Tuesday, 02 January 24
COAL CARGOES: AVOIDING EXPLOSION AND SELF-HEATING - GARD
KNOWLEDGE TO ELEVATE
Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is ...
Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an o ...
Thursday, 07 December 23
CHINA TO SET UP COAL PRODUCTION RESERVE TO STABILISE PRICES - REUTERS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
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- Bayan Resources Tbk. - Indonesia
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- Ministry of Transport, Egypt
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Coal and Oil Company - UAE
- Romanian Commodities Exchange
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- The University of Queensland
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- The State Trading Corporation of India Ltd
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- PTC India Limited - India
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- Indika Energy - Indonesia
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- Energy Development Corp, Philippines
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- MS Steel International - UAE
- Sakthi Sugars Limited - India
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- Siam City Cement PLC, Thailand
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- Australian Coal Association
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- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
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- Marubeni Corporation - India
- Anglo American - United Kingdom
- Minerals Council of Australia
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- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
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- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
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- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
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- Sinarmas Energy and Mining - Indonesia
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- Mintek Dendrill Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
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- Indian Oil Corporation Limited
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