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Thursday, 05 April 12
AKR COAL FIRST EXPORT SHIPMENT OF COAL SEABORNE
 PT Anugrah Karya Raya (AKR Coal) subsidiary of PT AKR Corporindo Tbk., Indonesia’s leading integrated supply chain solutions provider and largest private sector distributor of petroleum and basic chemicals, is pleased to announce that its first export shipment of coal from its coal mine in Central Kalimantan, Indonesia departed from the port in South Kalimantan on Saturday 31st March 2012.
The Supermax vessel “MV Mandarin River” was loaded with a shipment of approx 52,900 MT of coal in less than two days at the terminal, according to the statment posted on company's website.
The statment further said that, the steam coal was sold to an International trading company, with whom AKR Coal has entered into an annual contract for supplying about 780,000 MT over the next twelve months. The steam coal cargo has been contracted with caloric value based on GAR 5,000 Kcals/kg and also low ash and low sulfur coal.
This shipment marks a key milestone for the AKR Coal and demonstrates the Company’s ability to provide end to end logistics solutions to deliver good quality coal from the Coal mines operated in Central Kalimantan to customers in Indonesia and overseas.
AKR Coal successfully managed the logistics issues by employing sufficient number of time chartered barges to bring the coal from AKR Coal’s own loading jetty in Buntok Kecil in Central Kalimantan to the South Kalimantan terminal to effect this shipment on schedule.
AKR Coal is also in the process of strengthening its logistics infrastructure comprising of hauling roads in Central Kalimantan, port infrastructure in Buntok Baru and the proposed intermediate stock pile in Teluk Timbau. These developments in logistics infrastructure shall pave the way for AKR Coal to ramp up production of thermal coal over the next two years.
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Wednesday, 18 April 12
INDONESIA TO INTRODUCE EXPORT DUTY ON MINERAL ORES BY 6 MAY 2012
The Indonesian government is scheduled to issue regulation on export duty for minerals before May 6, 2012.
According to Bisnis Indonesia, as quot ...
Sunday, 15 April 12
THE SPOT FIXTURE RATES FOR SUPRAMAX IN SE ASIA SAW SOME SOFTENING OF CHARTER RATES - VISTAAR
COALspot.com - The market seem to be holding and except for Supramax and handy size index all other index was up with BDI up by 4.74 pct closing at ...
Friday, 13 April 12
MINERS OPPOSE GOVTS EXPORT TAX PLAN - THE JAKARTA POST
The Jakarta Post reported that, Indonesian mining companies have strongly protested the government’s plan to impose a 25 percent export tax on ...
Friday, 13 April 12
S&P CAUTIONS AGAINST NEW INDONESIAN MINING REGULATIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Investors may have expressed concerns about looming new mining regulations, but ratings agency Standard & Poor& ...
Thursday, 12 April 12
FIRST QUARTER OF 2012 SAW AN ADDITIONAL 24.2 MILLION DWT OF DRY BULK CARRIERS ENTERING THE FLEET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The inflow of newbuilt dry bulk vessels was larger than expected in the first quarter of 2012. As much as 24.2 million DWT were added to the fleet. ...
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- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
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- Edison Trading Spa - Italy
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- Indian Oil Corporation Limited
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- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
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- Tata Chemicals Ltd - India
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- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
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- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
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- Independent Power Producers Association of India
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- MS Steel International - UAE
- The University of Queensland
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- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
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- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
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- Ministry of Transport, Egypt
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- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Wilmar Investment Holdings
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- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Australian Coal Association
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
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- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- VISA Power Limited - India
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- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
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- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
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- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
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- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
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- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
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- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
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- Intertek Mineral Services - Indonesia
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- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
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- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
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- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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