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Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
 The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, global coal demand will increase at a rate of 600,000 tons per day, mostly driven by a surging power generation in emerging economies.
The agency says the rapid growth is a reminder of the challenges in making the global energy system more sustainable and environmentally friendly.
Responding to the prediction, the government of Indonesia, the largest exporter of thermal coal in the world, revealed that it would not boost production to catch up with the growing demand, saying that conservation and environmental protection were more important priorities for the country.
“We’re not proud of being one of the largest coal exporters and we want to maintain the balance for the sake of our future,” said Thamrin Sihite, the director general for minerals and coal at the Energy and Mineral Resources Ministry, in Jakarta on Wednesday.
He continued that the government would not in the near future be issuing explicit limitations on coal production; but it would, however, be aiming to control production activities from mining companies’ expenditure plans (RKB). The government might reject production plans that are too excessive, he added.
In 2012, the government is aiming for a production target of 332 million tons, while the Indonesian Coal Mining Association (APBI) calculates that the volume could reach up to 380 million tons after taking into account output in 2011, which is estimated to reach 360 million tons by the end of this year.
The APBI shares the same opinion as the government: that an increasing global demand for coal does not force Indonesia to ramp up production, as there are 70 other countries in the world that also have coal reserves.
“Most of the countries can’t expand their production due to problems in infrastructure; particularly countries like Mozambique, Angola and the former Soviet Union countries,” Supriatna Suhala, executive director of the APBI, told The Jakarta Post.
If Indonesia limited its exports, coal prices would rise and make expansion of production in those countries economical, he explained. Now, the price of coal was affordable due to exports from countries whose coal reserves were close to coastal areas, like Indonesia, he said.
“But, it’s up to the government whether we want to halt a production increase for conservation or boost exports to seek revenue. As long as there is no prohibition, mining companies will continue to expand their production,” Supriatna emphasized.
Source: The Jakarta Post
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Tuesday, 15 May 12
POTENTIAL BOOM OF CHINAS COAL IMPORTS COULD PROVIDE FURTHER SUPPORT TO DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been moving sideways during the past week with the industry’s benchmark, the Baltic Dry Index (BDI) losing 0.53% on th ...
Saturday, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points.
The cape index was up by 2.41 pct closing at 1,61 ...
Friday, 11 May 12
POLITICAL CHANGES COULD LEAD TO TEMPORARY HALT IN SHIPPING INVESTMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The potential of changes of political leadership in many of the world’s leading economies could very well lead to significant shifts in the di ...
Thursday, 10 May 12
DRY BULK ERRATIC ON LACK OF DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept up its erratic behavior as it went down again during yesterday’s session, on a lack of direct guidance in terms o ...
Wednesday, 09 May 12
COAL INDIA SIGNS FSAS WITH 13 POWER UNITS SO FAR - PTI
Press Trust of India has reported that, coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power's Rosa P ...
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- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Australian Coal Association
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Bhatia International Limited - India
- CNBM International Corporation - China
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- The University of Queensland
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
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