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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$1.6 billion project is expected to operate in 2014 with a load capacity of 35 million tons a year.
Sukrisno said the railway project was expected to increase coal shipping capacity significantly.
"With the completion of several infrastructure projects our production is expected by 2014 to reach 50 million tons a year," he said.
The company has 6.5 billion tons in coal reserve.
Source: The Jakarta Post
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Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy
Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...
Thursday, 22 March 12
DRY BULK MARKET KEEPS SURGING, CAPESIZES FALLING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what seems to be an establishing pattern, the dry bulk market has kept its upward momentum, edging closer to the 900 point-mark, but the larger s ...
Wednesday, 21 March 12
BUMA HAS PRODUCED 2.3 MILLION TONS OF COAL IN FEBRUARY 2012
COALspot.com - PT. Delta Dunia Makmur's overburden removal in February 2012 has reached totaled 23.8 million bcm (+2.4% YoY) while coal production ...
Tuesday, 20 March 12
SMALLER DRY BULK VESSELS STILL LEADING DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been growing during the past couple of weeks, but contrary to the usual practice, it’s not the larger Capesizes which ...
Monday, 19 March 12
WEEKLY DRY MARKET OVERVIEW: SMALLER VESSELS LEAD RATES HIGHER - MARIA BERTZELETOU, HELLENIC SHIPPING
The upward trend of the Baltic Dry Index persists strong from the end of February, spurred from the supramax market that offsets the weakness in the ...
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- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
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