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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 shipment during the next week, coming after a 4000 tonne sale which was shipped earlier in April. Production is continuing according to plan from the company’s two Jongkang mines in East Kalimantan, Indonesia.
Jatenergy’s Chief Executive Officer Phil Hodgson said: “These continued sales underscore buyer confidence in our ability to reliably deliver good quality thermal coal from our operations. We have banked over US$230,000 in revenues from our sales in March. We are now a fully-fledged coal operator in Indonesia – something very few other Australian coal companies operating there can claim.”
The company’s Indonesian Chief Operating Officer, Chris Flanagan, said ”Production from both our Jongkang I and Jongkang II operations are running according to plan.
We have also advanced our mine development plan for the Atan Bara project, with drilling and topographical surveys nearly completed for an initial mine plan. We remain on track to start mining coal during the third quarter of this year from that project.”
The latest Jongkang sales contract is to be delivered in two barge loads, and involves a market-based FOB price for 6,500 kcal/kg specification coal.
Jatenergy’s Chairman Alan Broome said: “The experience that we have assembled on the ground in Indonesia is paying off, even though we only sold our first coal shipments in March.
Kalimantan is an area with huge growth potential for our company. As previously stated, the revenue will be applied to our significant Katingan project in Central Kalimantan, as well as to secure and develop larger short-to-production projects now under review in Indonesia,” according to the statment posted on company's website.
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Tuesday, 22 May 12
NEW ONE-YEAR TIME CHARTERS FOR TWO VESSELS OF EXCEL MARITIME CARRIERS LTD.
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportat ...
Tuesday, 22 May 12
DRY BULK MARKET STEADY, AWAITING FURTHER RISE IN DEMAND WHICH IS DOUBTFUL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Traditionally, the second and third quarters of the year are the strongest for the dry bulk market, but this year, things seem to be quite subdued, ...
Sunday, 20 May 12
SPOT FREIGHT RATE DIPS FURTHER - VISTAAR
COALspot.com - The BDI was marginally up by 3 points (0.26 pct) closing at 1,141 points.
The cape index was up by 1.17 pct closing at 1,633 point ...
Saturday, 19 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP US$ 2.88 PMT W-O-W
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for June deliveries have drops this week by 3.86 percent and& ...
Saturday, 19 May 12
INDONESIAN EXPORT TAX GIVES COAL MINERS A CHEAP RIDE: ANALYSTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s policy to exclude coal from an export tax that has been applied to 14 other mineral commodities h ...
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- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
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