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Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
 The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of the integrated project uncovered an estimated $700 million in additional costs, a senior national planning official said on Monday.
Lukas Hutagalung, a program management specialist at the National Development Planning Board (Bappenas), said the total cost of the project was now estimated to be $2.2 billion after a government review last month determined improvements were needed to a port that is part of the project and other water transportation-facilities. He did not elaborate on what prompted the review, or the precise nature of the improvements that are needed.
The Puruk Cahu-Bangkuang railway line is the first of four proposed sections of rail line stretching approximately 1,829 kilometers across the province to connect coal mines and ports.
It is hoped that construction of the rail line will help maximize coal production in the province, which is estimated to hold 4.8 million tons of coal, representing more than half of the country’s total estimated deposits of about seven million tons.
The project will be offered to investors under a public-private partnership scheme, with the line being constructed by private investors who will be given a concession to operate it for 30 years, with guarantees that all coal transported from the area will be carried by rail.
The government said last month that 10 investors had demonstrated “great interest” in the rail project, including Japan’s Itochu, China Harbor Engineering and PT Jasa Power Indonesia, a subsidiary of coal miner PT Adaro Energy.
Because of the soaring cost of the project, the government now expects a delay in the project’s completion.
“Previously, the coal railway project was scheduled to be finished by the end of 2012, but now we presume that it will be finished by the end of 2013 at the earliest,” Lukas said.
Due to the change in costs, Lukas said investors had asked the government to extend pre-qualification registration prior to the tender as they try to adjust their financing proposals.
The government extended registration until June 4.
Bastary Panji Indra, a director in charge of public-private partnerships at Bappenas, said 15 companies had now received the pre-qualification documents.
Among the companies are Singapore’s Vestindo Primaland and IL&FS Transportation Network Limited of India.
The Central Kalimantan coal railway project is one of the 100 public-private projects the government plans to get off the ground in the 2010-14 period.
The government has said it hopes to attract Rp 50 trillion ($5.4 billion) of private investment in public-private partnerships this year.
Source: The Jakarta Globe ( By- Irvan Tisnabudi)
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Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
Tuesday, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
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- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Deloitte Consulting - India
- Australian Coal Association
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
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