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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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Tuesday, 19 March 13
SHIP PRICES COULD BE CLOSING IN TO REACH THEIR BOTTOM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the latest developments in shipping asset prices has been the reluctance from shipyards to further reduce their price expectations to higher ...
Sunday, 17 March 13
A WEAK WEEK FOR SUB-BIT INDONESIA COAL SWAPS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 2.11 percent and CFR South China coal shipment ...
Sunday, 17 March 13
COAL FREIGHT RATES STEADY ON HIGHER DEMAND - CAPT. REDDY
COALspot.com - This freight market continued to remain firm in all segments.
The BDI was up by 5.81 pct closing at 892 points. Cape index was up ...
Friday, 15 March 13
CHEAP SHIP VALUATIONS DON'T NECESSARILY MEAN ATTRACTIVE SAYS VESSELS VALUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With ship prices plunging by double-digits in the past few years, many ship owners are pondering their next moves in a market often described as att ...
Thursday, 14 March 13
SUPRAMAX : INDO - INDIA TRIP RATE IS AROUND $10,000; SOUTH CHINA $9500 - FEARNRESEARCH
Handy
Indian market is still quiet in respect of export of iron ore. WC India market has improved with a few stems out of the MEG, WC India opening ...
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- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Australian Coal Association
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
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