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Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION


COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the collapse of Kutai Kartanegara bridge.

"Starting today, coal and fuel barges may use the river, but under strict supervision from security and Samarinda Port officers," said Ghufron Yusuf, vice regent of Kutai Kartanegara on Saturday (Dec 10), as reported by detik.com.

Coal transportation through Mahakam River will be limited to 9 hours a per day (8PM to 5AM) every day.

Coal transportation companies are also required to make statement that they will not file lawsuit if anything happens when passing the collapsed bridge, because two of the bridge's pillars are not in stable state, according to government officers.

Some coal producers have declared force majeure for coal shipments under contracts to it buyers.



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Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...


Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...


Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...


Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...


Tuesday, 29 November 11
DRY BULK MARKET BEGINS WEEK ON HIGHER NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Contrary to what had been the case during the past few weeks, this one began on a high note for the dry bulk market, with the Capesize sector pullin ...


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