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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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Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
Sunday, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pc ...
Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy
Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to ...
Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...
Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...
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- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- The University of Queensland
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- PTC India Limited - India
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Australian Coal Association
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
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