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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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Friday, 06 April 12
DRY BULK MARKET SWIFT TO HALT FALL ON RENEWED DEMAND FOR CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk managed to put a stop to the recent falls, which came as a result of a lacklustre demand for smaller vessel sizes. Although this trend ...
Thursday, 05 April 12
COAL EXPORT TAX: MATTER OF CONCERN FOR INDIA - SUNIL K KUMBHAT
COALspot.com - Since the issuance of Indonesian Mining law in 2009, miners have increased their activities in exploring , ex ...
Thursday, 05 April 12
DRY BULK MARKET STALLS AS TREND IS REVERSED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has halted its month-long rally, with the BDI (Baltic Dry Index) retreating yesterday for a second consecutive session. Industry ...
Wednesday, 04 April 12
OIL MAY JUMP TO $150PB IF IRAN ATTACKED: EXPERT - KUNA / HELLENIC SHIPPING
Prices of oil will not drop below level of $100 per barrel and may jump to $150 pb in the coming two months, according to the prominent Kuwaiti expe ...
Wednesday, 04 April 12
CHURCHILL MINING TO ACCELERATE INTERNATIONAL ARBITRATION AGAINST INDONESIA
Churchill Mining plc (AIM: CHL), advises that notations on the Indonesian Supreme Court's register of cases shows the Supreme Court has rejected th ...
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- Billiton Holdings Pty Ltd - Australia
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- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
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- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
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- Ministry of Mines - Canada
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- Parliament of New Zealand
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- Bulk Trading Sa - Switzerland
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- Aboitiz Power Corporation - Philippines
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- Merrill Lynch Commodities Europe
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- Kumho Petrochemical, South Korea
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- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
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- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
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- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
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- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
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- Jindal Steel & Power Ltd - India
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- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
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- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Vedanta Resources Plc - India
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- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
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- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
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- Chamber of Mines of South Africa
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- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
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