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Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with production expected to reach 70 million tons a year, an official says.
Bukit Asam president director Sukrisno expressed his optimism on Wednesday the company would meet its target, which would enable it to beat PT Adaro Tbk.'s production of around 45 million tons a year.
"With the additional coal shipping railway infrastructure and coal collection port we are optimistic we will become the biggest national player," Sutrisno told Antara news agency at the signing of cooperation to develop a 270-kilometer long coal shipping railway from Tanjung Enim to Tanjung Api-Api.
Sukrisno said the company's present capacity is around 12 million tons a year but is expected to reach 15 million tons next year.
The coal railway line is expected to help Bukit Asam to boost production. The US$1.6 billion project is expected to operate in 2014 with a load capacity of 35 million tons a year.
Sukrisno said the railway project was expected to increase coal shipping capacity significantly.
"With the completion of several infrastructure projects our production is expected by 2014 to reach 50 million tons a year," he said.
The company has 6.5 billion tons in coal reserve.
Source: The Jakarta Post
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Saturday, 15 October 11
BUNKER PRICES AND DEMANDS PUSHED FREIGHT RATES UP - VISTAAR
COALspot.com - The market continued to be firm with all segments moving up with biggest gain in Handy size segment up by 15 pct. The BDI was u ...
Saturday, 15 October 11
BENGAL COAL IMPORT TEST - THE TELEGRAPH
The Telegraph reported that, the power position in Bengal improved today but alarm bells are ringing over imported coal stocks that are running out ...
Friday, 14 October 11
CAPE DERIVATIVES MARKET HAS NOT REFLECTED OWNERS EXPECTATIONS' - FEARNBULK
Handy
The Atlantic market continued its upward trend, with fresh cargo entering the market. Skaw Passero to US Gulf climbed US$ 1500 from la ...
Friday, 14 October 11
ADARO BUYS SERVO MEDA FOR RP200 BIO - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) announced that its subsidiary PT Alam Tri Abadi (ATI), acquired 35% stake in PT Serv ...
Thursday, 13 October 11
DRY BULK MARKETS RALLY CONTINUES, BUT ANALYSTS WARN IT WILL BE SHORTLIVED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market continued its push forward yesterday, for yet another session, as the BDI (Baltic Dry Index), the industry’s benchmark edg ...
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- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
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