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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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Tuesday, 27 October 20
PLN STILL REFUSING TO ADAPT, A MOVE WHICH WILL HURT INVESTORS, CONSUMERS, AND THE GOVERNMENT PURSE - IEEFA
Utility’s latest planning report locks PLN into the past
PLN would be better served restructuring its business to address the current en ...
Monday, 26 October 20
'LONG ASCENT' TO RECOVERY OF GLOBAL GROWTH - BALTIC EXCHANGE
The global economy has so far avoided a “financial catastrophe” but growth projections from the International Monetary Fund’s lat ...
Friday, 23 October 20
SHIPPING LOANS AND COLLATERAL DAMAGE - VICTOR ONYEGBADO, AKABOGU & ASSOCIATES
KNOWLEDGE TO ELEVATE
Shipping finance transactions are characterised by peculiar risk factors principally on account of the shipping asset&rsq ...
Friday, 23 October 20
WHAT WILL THE 2020 ELECTIONS MEAN FOR US ENERGY? - WOOD MACKENZIE
The 2020 elections present American voters with a choice between two radically different visions for the future of energy. President Donald Trump r ...
Wednesday, 21 October 20
BRAZIL EXPORTED 238.7 MLN TONNES OF IRON ORE IN THE FIRST 9 MONTHS OF 2020 - BANCHERO COSTA
Brazil’s iron ore exports have been gradually but steadily recovering following a disastrous winter period of 2019/2020. In the first 9 month ...
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- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
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- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
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- International Coal Ventures Pvt Ltd - India
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- Tata Chemicals Ltd - India
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- The Treasury - Australian Government
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- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
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- Wilmar Investment Holdings
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- Timah Investasi Mineral - Indoneisa
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- Pendopo Energi Batubara - Indonesia
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- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
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- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
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- Jorong Barutama Greston.PT - Indonesia
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- Anglo American - United Kingdom
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- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
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- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
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- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
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- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
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- Singapore Mercantile Exchange
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- Planning Commission, India
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
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- IEA Clean Coal Centre - UK
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- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Grasim Industreis Ltd - India
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- The University of Queensland
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- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
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