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Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equipment for its site in Berau, East Kalimantan.
Company chief executive officer Kuhan Selvaretnam said on Wednesday that Supra Bara Energi wanted to increase production from a current level of 600,000 to 1.2 million tons per year.
"The heavy equipment will arrive at our site in Berau in November. Starting that month, we can raise production from 50,000 tons of coal per month to 100,000 tons," he said at a press conference in Jakarta.
Supra Bara Energi and BNP Paribas are now discussing the second phase of the loan facility to help the coal producer reach production targets of 3 million tons in 2013 and 5 million tons in 2014.
"The second phase of the loan will be greater than $20 million and will have a tenure of between three and five years," Kamal Osman, president director of BNP Paribas, said.
Kuhan said that Supra Bara Energi would conduct an initial public offering (IPO) if production reached 80% of its 2014 target.
Supra Bara Energi currently has seven mining sites in Kalimantan in the production phase and exports coal primarily to Asian countries such as China, India, Japan and Taiwan.
Source: The Jakarta Post
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Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 ...
Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy
The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...
Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...
Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...
Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...
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- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- The University of Queensland
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Coal and Oil Company - UAE
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
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