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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, 18 July 12
SHIP PRICES HAVE FALLEN RAPIDLY THIS YEAR, FAVORING INVESTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The price for a 5 year old Capesize dry bulk carrier of 172,000 dwt has fallen to about $33,4mil from $42.9 at the end of June 2011, while at end of ...
Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...
Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...
Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...
Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...
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- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Romanian Commodities Exchange
- PTC India Limited - India
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Georgia Ports Authority, United States
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