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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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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
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 ...
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 ...
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- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Planning Commission, India
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
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