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Sunday, 03 June 12
TTI ESTABLISHES COAL TRADING & MARKETING OFFICE
COALspot.com - TTI has officially established its coal trading, marketing-office in Jakarta, Indonesia. PT. Gunung Tinggi Coal is the TTI’s first company established exclusively for coal trading & marketing.
TTI is part of Trada Group and PT. Gunung Tinggi Coal will enable Trada group to enter International coal industry and expand its coal activities in Indonesia and neighborhood countries, as well as explore more in the fields of coal mines investments and joint venturing operation.
Gunung Tinggi is also marketing coal produced by PT. Inti Tiga Berlian Mulia, South Kalimantan. Inti Tiga Berlian Mulia (ITBM) is a low calorific value coal producer in Tanah Bumbu regency is also part of Trada group.
“Indonesia as a largest coal exporter in the world today, we believe the Indonesia is a strategic location for coal industry,” Trada's Chairman, Ad Hanafiah said. "The set-up of a exclusive company for coal will bring Trada closer to its coal customers. Trada maritime will support us to offer our coal on CFR or CNF basis for specific end-users who are willing to enter term contract or off take agreement with us." he further added.
Ridwan Irawan, the president director of Gunung Tinggi Coal said, "We are currently discussing with strategic partners from India as well as from China to work together to expand our presence in India and China the world’s future economic giants . We may work with more than one strategic partners from India and China as India and China’s coal market is big."
Gunung Tinggi is planning to associate with the existing coal trading companies who are strong in India as well as in China to supply their own coal as well from third party coal.
About Trada
Trada International (TI) is a holding company with majority interests in Trada Trading and Trada Maritime. The company's focus is the integrated trading, transportation and development of fossil fuels and chemicals within Indonesia and abroad.
Started in 1998 as a trader of methanol to clients throughout Asia Pacific and Australia, Trada Trading quickly expanded into crude, fuel and bunker oils, petrochemicals and fertilizers. In 2000, with the creation of Trada Maritime, TI entered the shipping business with the management of a maritime terminal in Sumatra. Today the company owns and operates floating storage and off-loading platforms (an activity in which it is the market leader), tankers, tugs and barges throughout Indonesia.
In 2011, Trada Petroleum Pte. Ltd. was established as a platform for Trada¹s initial participation in exploration and production business. (Trada International – www.trada.co.id & Gunung Tinggi www.ptgtcoal.com )
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Sunday, 27 May 12
THE FREIGHT MARKET FROM INDONESIA TO INDIA WAS WEAK - VISTAAR
COALspot.com - The BDI continued to fall for the fourth straight week and the BDI fell by 9.38 pct this week closing at 1,034 points.
The Cape Si ...
Sunday, 27 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS HEADING TO SOUTH DIRECTION
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries have dropped this week by 5.43 percent an ...
Saturday, 26 May 12
DRY BULK SHIP OWNERS LOOKING TO CUT BACK ON TONNAGE SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of dry bulk carriers has been the most prominent problem in the market today, pushing down rates and ‘strangling’ profita ...
Thursday, 24 May 12
DRY BULK MARKET RETREATS ON LACK OF CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated yesterday on the back of lower Chinese demand for commodities such as coal and iron ore, typically hauled by dry bulk ...
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 ...
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- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Planning Commission, India
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- VISA Power Limited - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
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