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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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Friday, 20 April 12
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A rebound of demand for smaller dry bulk carriers has led the industry’s benchmark, the BDI (Baltic Dry Index) above the 1,000-point mark for ...
Friday, 20 April 12
BUMA HAS PRODUCED 2.6 MILLION TONS OF COAL IN MARCH 2012
COALspot.com - BUMA has removed 28.0 million bcm (+6.4% YoY) of overburden in March 2012 while coal production was at 2.6 million tons (+1.3% YoY).
...
Thursday, 19 April 12
FRESH COAL SALES FROM JATENERGYS JONGKANG MINES
COALspot.com - Energy company Jatenergy Ltd (ASX code JAT) announced today that it had signed a contract for an 11,000 tonne coal sale due for shipm ...
Thursday, 19 April 12
HANDY - 'POSITIVE TREND', PANAMAX - 'A FIRMER TENDENCY', CAPESIZE - 'AGAIN NEGATIVE'
Handy
The positive trend from last week continued, with more cargoes entering the market. Skaw/Passero del fixed tick above USD 4000 for US Gulf di ...
Thursday, 19 April 12
WILLIS MARINE MARKET REVIEW FORECASTS ANOTHER DIFFICULT YEAR - WILLIS GLOBAL MARINE / HELLENIC SHIPPING
After an inauspicious start, 2012 could well be "another difficult and uncertain year for the maritime industry faced with the aftermath of the ...
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- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Minerals Council of Australia
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Planning Commission, India
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
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