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Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
 Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram starting in 2014, an energy ministry official said.
Coal companies in Indonesia, the world’s largest exporter of the fuel after Australia, will be required to upgrade the heating value of so-called low-rank coal if they want to ship it overseas, allowing them to charge a higher price, said Witoro Soelarno, secretary to the director general of coal and minerals at the Ministry of Energy and Mineral Resources.
“We will release regulations later this year aimed at increasing the value added of our coal exports,” Soelarno told reporters in Jakarta today. “We have met with the coal mining association and they have agreed to the plan.”
The policy may help Indonesia, Southeast Asia’s biggest economy, boost export revenue and reach President Susilo Bambang Yudhoyono’s growth target of 6.6 percent on average through the remainder of his term ending in 2014. The country is targeting a 12 percent increase in this year’s exports to $168 billion, said Coordinating Minister for Economy Hatta Rajasa on Jan. 3.
The price of coal for sale this month with energy grades below 5,600 kilocalories a kilogram was set from $56.64 to $85.08 a metric ton, according to the energy ministry. That’s compared with a benchmark of $112.40 a ton for coal with calorific value of 6,322 kilocalories a kilogram.
Power Plants
The ban would also help state-owned utility company PT Perusahaan Listrik Negara secure supplies of the coal, which will account for about 32 percent of this year’s consumption of 50 million metric tons, said the company’s Primary Energy Director Nur Pamudji.
“We will need more low-rank coal when the additional 10,000 megawatts of power generators are completed in 2014,” Pamudji said by telephone from Jakarta.
The government plans to add about 10,000 megawatts of generation capacity through 2014 after a program to add 10,000 megawatts is completed in 2012.
Listrik Negara may more than double its coal demand to 95.3 million tons in 2015 from about 40.8 million tons last year as Indonesia increases its coal-fired power plant capacity to at least 19,167 megawatts, Pamudji said in May.
Source: Bloomberg
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Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a produc ...
Tuesday, 05 April 11
DRY BULK MARKET DOWN ON FIRST DAY OF SECOND QUARTER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market began the second quarter on a downward pattern, with the industry’s benchmark, the Baltic Dry Index (BDI) shedding 1.45 pe ...
Monday, 04 April 11
INDONESIA INTERNATIONAL CONFERENCE FOCUS ON INDONESIA'S ECONOMY (IICFIE) 2011 MASTER PLAN TO ACCELERATE THE ECONOMIC DEVELOPMENT
Press Release - Since couple of years, Indonesia's economy show impressive growth. What is the Indonesia's Economic Corridor and the Master plan t ...
Saturday, 02 April 11
TNPL CALLS FOR 160KT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure another 160,000 MT +/- 5 percent of Non-Coking imported C ...
Saturday, 02 April 11
THE FREIGHT MARKETS LIKELY TO BE SOFT NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week affecting all sectors with BDI down by 65 points (down by 4.10 pct) and closed at 1,520 points. ...
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- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- White Energy Company Limited
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
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