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Saturday, 21 July 12
INDONESIAN COMPANIES ABM INVESTAMA AND AVRA ASIA WORK OUT LONG-TERM CONTRACT - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading English news papaer in Indonesia reported that, ABM Investama, a company with diversified interests in coal mining, has secured a long-term contract to sell 15 million metric tons of coal to a unit of global commodity trader Avra Asia, according to a statement released on Tuesday.
The contact, which involves a deal between ABM’s unit Reswara Minergi Hartama and Avra Asia’s unit Avra Commodities, was signed on Friday. It is valid from this month through July 2017.
Through the contract, Avra Commodities receives exclusive rights to sell and market low-rank coal produced by ABM’s indirect unit sold under the trademark of TIA Compliant Coal.
TCC is produced by Reswara’s unit Tunas Inti Abadi, and Avra Commodities sells the coal to Thailand, the Philippines, Taiwan and select buyers in China.
Through the second quarter of 2012, Reswara secured a total coal sales contract of 3.5 million metric tons, which is more than 80 percent of its target for the year — 5.5 million metric tons.
Reswara’s relationship with Avra Commodities has been secured since April, when Reswara forged a deal to sell 935,000 metric tons of low-rank coal to the Avra-owned unit.
Reswara controls four mining concessions in South Kalimantan and Nanggroe Aceh Darussalam provinces. Those mines have combined coal reserves of 550 million metric tons.
ABM Investama is controlled by the Hamami family, one of the wealthiest families in Indonesia and the owner of the Trakindo Group.
ABM Investama has interests in coal and power.
Source: Francezka Nangoy The Jakarta Globe
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Saturday, 30 June 12
THE FREIGHT RATES ARE EXPECTED TO BE STEADY TO FIRM NEXT WEEK - VISTAAR SINGAPORE
COALspot.com – The BDI was up by 2.66 pct (up by 26 points) closing at 1,004 points crossing the 1000 point barrier this week.
The c ...
Friday, 29 June 12
INDONESIAN PRODUCERS ARE PLANNING TO CUT PRODUCTION IF COAL PRICES FALL FURTHER
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 31.54* million tons of coal in May 2012, compared to 31.86* mill ...
Friday, 29 June 12
DRY BULK SHIP OWNERS DOING THEIR MATHS BEFORE PLACING NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With oversupply having plagued the dry bulk shipping fleet since the end of 2011, it’s become ever so evident that placing a newbuilding order ...
Thursday, 28 June 12
DRY BULK MARKET HIGHER ON CAPESIZE OPTIMISM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher yesterday, as the BDI (Baltic Dry Index) ended up by 0.71% to 988 points. Most ship types were up, with the ...
Wednesday, 27 June 12
DIRECTORATE GENERAL OF MINERAL AND COAL OF INDONESIA INTRODUCES ON-LINE SYSTEM FOR MINING PRODUCTS EXPORT APPROVAL
COALspot.com - Directorate General of Mineral and Coal of Indonesia has released "Clear and Clean" certificate for another 33 coal miners ...
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- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
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