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Friday, 10 September 10
INDONESIAN RAILWAY CONTRACT STILL UP FOR BIDDING - LOGISTICS WEEK


The tender process for a $2.2bn project to build a coal-transporting railway line in Central Kalimantan province, Indonesia, is still underway and no winner has been selected, reported by logistics week.

The government said that four companies have been finalised: Itochu-Toll consortium, a Drydocks-MAP Resources Indonesia consortium, Bakrie Indo Infrastructure and a Mega Guna Ganda Semesta-led consortium.

The proposed Puruk Cahu-Bangkuang railway is the first phase of a central Kalimantan coal railway slated to cover 1,829km.

The build, operate, own and transfer contract includes a 185km railway connecting coal mines and ports which will see the winner construct and operate the service for 30 years.

The line is expected to increase coal production in the province and could transport ten million tons a year during its first ten years of operation, according to the Jakarta Globe.

The winning bidder will be selected by the end of 2010, while the railway has denied reports that Japan’s Itochu Corporation had been awarded the final contract.
Source: Logistics Week



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Recent News

Thursday, 30 September 10
INDONESIAN COAL FOR POWER PLANT - LANKA GAZETTE
Lanka Gazette reported that, A cargo vessel with coal on board to generate electricity for the Norochcholai Coal Power Plant will arrive in Sri Lank ...


Thursday, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...


Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...


Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today. According to our market sources, Coas ...


Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...


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