We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 07 May 11
BERAU INKS DEALS WITH CHINESE FIRMS AS COAL WEATHERS COMMODITIES STORM - THE JAKARTA GLOBE
 The Jakarta Globe reported that, Berau Coal, one of the country’s largest coal miners, has signed sales contracts with two Chinese companies as it tries to meet growing demand from China, a company official said on Friday.
Bob Kamandanu, Berau’s commissioner and the chairman of the Indonesian Coal Mining Association (APBI), said Berau signed a five-year deal with Huaneng Power International and a three-year contract with Zhushui Energy Resource Group. It will sell 1.5 million tons of coal annually to each company, as quoted by paper.
“Coal demand from China is growing significantly, and Chinese companies are mainly looking for long-term contracts,” Kamandanu said on Friday.
Huaneng Power is China’s largest electricity producer, while Zhushui focuses on coal imports.
Indonesia’s coal output is expected to climb this quarter after wet weather in the first quarter saw it drop to 89 million tons. Kamandanu said output should increase to 95 million tons in the second quarter before falling back to 85 million tons in the following two quarters.
The dry season is expected to start in most areas in Indonesia around May or June, offering a timely boost to the country’s agricultural and mineral sectors.
“Higher production would go into the export market, but the weather has been very unpredictable over the past few years so it’s hard to say if there will be enough dry months ahead for miners to be able to ramp up production,” a Singapore-based trader said.
Global coal prices only saw a limited sell-off this week despite a rout in other commodities, and the market’s strength is backed up by producers and traders saying rising output from Indonesia, the world’s top thermal coal exporter, is being soaked up by India and China.
Full-year production is expected to hit 354 million tons, higher than the APBI’s earlier forecast of 340 million tons, which Kamandanu said on Friday was conservative, and follows production of 310 million tons last year. The APBI forecast in April the country’s exports would be between 260 million and 270 million tons in 2011, but traders said the final export numbers could be higher if production reaches 354 million tons.
Kamandanu said Berau planned to spend $100 million to produce 20.5 million tons of coal this year, up 19.8 percent from last year. The coal miner sells most of its output to China and South Korea, with China accounting for 25 percent of its coal sales and South Korea making up 16 percent.
Source: The Jakarta Globe (Ririn Radiawati Kusuma & Reuters )
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...
Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...
Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...
Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...
Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...
|
|
|
Showing 5236 to 5240 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- The University of Queensland
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Energy Development Corp, Philippines
|
| |
| |
|
