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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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Thursday, 05 May 11
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark, the Baltic Dry Index (BDI) managed to edge higher yesterday, rising by 1.81% to 1,292 points, in the first po ...
Thursday, 05 May 11
AKR NAMES KARUNIA AS COAL CONTRACTOR
Insider Stories reported that, PT AKR Corporindo Tbk has appointed PT Karunia Bumi Khatulistiwa as the contractor of coal mining concession in North ...
Tuesday, 03 May 11
DRY BULK MARKET OUTLOOK SEEN WEAK, AS SHIP OWNERS PILE UP MORE SHIPS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Baltic Dry Index not trading yesterday, it’s worth taking a step back to see the current freight levels. First of all, capesizes and ...
Tuesday, 03 May 11
THE HANDY MARKET CONTINUED TO SLIDE DOWN - BRS
There were marginal increases in rates for the larger sizes this week, with the Cape index remaining stable and the Panamax index logging a 5% incre ...
Monday, 02 May 11
ADARO POSTS 11.7 PERCENT INCREASE IN REVENUES ON HIGHER PRICES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s second-largest coal producer, PT Adaro Energy Tbk, announced an 11.7 percent increase in net reven ...
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- Economic Council, Georgia
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Deloitte Consulting - India
- The University of Queensland
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Thiess Contractors Indonesia
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Australian Coal Association
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
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