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