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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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Monday, 15 July 13
INDO COAL SWAPS ARE STRUGGLING FOR RIGHT DIRECTION
COALspot.com – Indo coal swaps are struggling to find the right direction. Sub-Bit Indonesia coal swaps (FOB ) for average August 2013 d ...
Friday, 12 July 13
U.S. PRODUCED 18.40 MMST COAL WEEK ENDED 6 JULY 2013
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 18.40 million short tons (mmst) of ...
Thursday, 11 July 13
PANAMAX: PACIFIC ROUND PAY AROUND $6,500/D; ATLANTIC ROUND VOYAGE PAY AROUND US$ 10,000/D - FEARNLEYS AS
Handy
The Feast market is quiet, July date cargoes remain unfixed as there is a gap between what owners aiming and charterers willing to pay. There ...
Wednesday, 10 July 13
DRY BULK MARKET IS STILL STRUGGLING TO SURVIVE - INTERMODAL
COALspot.com : With the first half of the year now behind us and, as expected, most shipping segments in the dry bulk market are struggling to survi ...
Tuesday, 09 July 13
COAL PRICE REMAINS SLUGGISH - TRIMEGAH
COALspot.com - Newcastle coal price has reached US$ 76.30/ton (-15.9% YTD), bringing YTD’13 average to stand at US$ 87.90/ton, 6.80% lower tha ...
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- Anglo American - United Kingdom
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- PTC India Limited - India
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
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