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Monday, 19 December 11
PLN WILL NO LONGER BUY COAL FROM TRADERS
COALspot.com - Indonesia's state electricity company PT Perusahaan Listrik Negara will no longer allow traders to become their suppliers, said, its president director Nur Pamudji to the Jakarta post.
According to an interview published in the Jakarta post, president director of PLN further said, " We have cut contracts with suppliers who failed to deliver coal as promised. We have informed our suppliers that they have to have their own coal mines or we will terminate their contract. We no longer allow traders to become our suppliers"
PLN, will also get more coal from coal contract of works (locally known as PKP2B or CCoW) holders.
"Previously, we only received supply from Arutmin, but in 2012, we’ll also get low-rank coal from Kideco Jaya Agung and additional supply from Kaltim Prima Coal (KPC). The total coal contract that we currently have is even higher than our need", Nur Pamudji said in his interview.
As the government has set the domestic market obligation ruling, in which PLN and independent power producers will get 57.5 million tons and the government has also imposed a regulation on the coal price so that the supply is secured”, according to Nur Pamudji>
PT. PLN’s subsidiary company PLN Batubara is responsible for acquisition of coal mines and coal procurement for PLN.
To read full interview click here
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Friday, 28 September 12
DRY BULK SECOND HAND VESSELS ON HIGH DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the demise of the dry bulk market and the collapse of freight rates since the beginning of 2012, on the back of record breaking newbuilding ...
Thursday, 27 September 12
MINING RE-COMMENCES AT ORPHEUS' B2 EAST KALIMANTAN COAL PROJECT
- B2 project overburden removal completed and coal exposed
- Coal getting has commenced with target production of 30,000tpm
- Orpheus to re ...
Thursday, 27 September 12
HANDY: THE PACIFIC MARKET IS GETTING WEAKER WITH UPCOMING GOLDEN WEEK HOLIDAYS - FEARNLEYS AS
Handy
Yet another week with rates softening in all trades. Especially owners with ships open Continent struggle to find employment paying decent mo ...
Thursday, 27 September 12
DRY BULK MARKET LOSES STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The rise of the BDI (Baltic Dry Index), the dry bulk industry’s benchmark during the course of the previous week, proved to be short-lived, as ...
Wednesday, 26 September 12
NEWBUILDING ORDERING ACTIVITY REMAINS SUBDUED ON GLOBAL MARKET UNCERTAINTY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding ordering activity has been on the down side during the past few weeks, a trend also noticeable during the course of the past few days, a ...
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- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Planning Commission, India
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- The University of Queensland
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
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